Guides on the key considerations around investing in less liquid assets
The Productive Finance Working Group, of which the PLSA is a member, has produced a new set of guides aimed at offering trustees advice on some of the key issues to be thinking about when making allocations to illiquid assets.
The guidance covers Value for Money, Performance Fees, Liquidity Management, Fund Structures, Legal Guide to the Long Term Asset Fund, Due Diligence Considerations, and recommendations for Consultants.