The pensions industry has mixed opinions on whether climate-focussed long-term asset funds (LTAFs) will have a positive impact on the transition to net zero, a PP poll finds.
Long Term Asset Fund is designed to hold a wide range of assets, most notably private investments which are stakes in companies not quoted on a stock market.
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<p><span>The Economic Secretary to the Treasury delivered a speech at the Funds Congress on the UK Asset Management industry and its position as a global player.</span></p>