Watch on Demand: Looking forward to UK PIFs
The UK government and the Financial Conduct Authority have endorsed a new type of UK fund structure – an unauthorised contractual scheme known as a Professional Investor Fund (“PIF”), that aims to plug a gap and improve efficiencies for fund managers.
Among its benefits:
- The potential to lower barriers for SME asset managers to launch new products
- Increase the number of closed-ended investment vehicles domiciled in the UK
- Support government work to promote investment in longer-term, less liquid assets
Melville Rodrigues, Head of Real Estate Advisory at Apex Group, and lead designer and advocate for the fund, explains what the key features of the PIF are during a recent webinar presentation.
The views, information, or opinions expressed during this podcast are solely those of the individuals involved and do not necessarily represent those of the Apex Group. The Apex Group refers to the Apex Group Limited and its affiliates.
Please note that past performance is not a guarantee of future performance. All investments can fall as well as rise in value and you can lose some or all of your money. This podcast does not a constitute investment advice or recommendation and you should consult with your financial and/or tax advisors before making any financial decisions.
This podcast is available for private, non-commercial use only. Any advertising which is incorporated into, placed in association with, or targeted in relation to the content of this podcast, without the express approval and knowledge of the Apex Group is forbidden. You may not edit, modify, or redistribute this podcast.