Schroders tables FCA application to launch private equity LTAF for wealth market

Investment Week

Subject to regulatory approval by the regulator, this new LTAF will provide wealth investors with access to a private equity strategy managed by Schroders Capital, the firm’s private asset investment arm. The asset manager unveiled the UK’s first LTAF, Schroders Capital Climate+, last year for UK defined contribution pension funds. In February this year, the firm launched the Schroders Greencoat Global Renewables+ LTAF, also for the DC market. Outgoing Schroders UK wealth head Doug Abbott: Retail LTAF will offer alternative route to private markets Currently, the majority of the LT…

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