Wealth managers gear up to put UK savings into private assets
Talks with private capital firms have focused on operational hurdles for retail customers
Talks with private capital firms have focused on operational hurdles for retail customers

Wealth managers are keen to promote semi-liquid funds to a new group of clients

Flood of money into evergreen vehicles has meant 7.5% share carved out in fund terms no longer sufficient

Clients asking banks to review number of staff that have to be informed about live transactions

Customer information is either a private asset or a public good

Trend puts pressure on brokerages and investment banks

British pension schemes will soon be forced to support my portfolio