ESG Ratings and Data Providers

Click here for details about the work by regulators and governments on ensuring good governance by ESG ratings and data products providers.

Public Policy Committee - Update

The Committee is monitoring proposed changes to a wide range of regulations and legislation that affect AREF members. Also, they are actively lobbying policy makers in the UK and internationally. Click for more info.

Reserved Investor Fund

In February 2025, legislation for an unauthorised co-ownership contractual scheme, the Reserved Investor Fund (RIF), and tax regulations for the RIF were laid in Parliament and will come in force in mid-March 2025; more details can be found by clicking here.

Post-event write-up: Exploring the Future of Long-Term Asset Funds (LTAFs)

Long-Term Asset Fund (LTAF)

Click here to learn more about regulation and guidance in relation to the Long-Term Asset Fund (LTAF) and read about AREF's event looking at the future of the LTAF. The model LTAF Instrument of Incorporation and model LTAF Co-Ownership Deed for ACS can be found here too.

Sustainable finance and climate change disclosures

Find out more about the policy work being undertaken by governments, regulators and standard setting bodies in relation to sustainable finance and climate-related disclosures.

New Co-Chairs for AREF's Public Policy Committee

Liquidity Management

View a summary on the policy work being undertaken by regulators and governments on funds' liquidity management.

Enabling DC pension schemes to invest in illiquid assets

Find out more here about the Government's work to enable DC pension schemes to invest in illiquid assets. Also, there are links to guidance from TPR and cases studies from PLSA which supports this and AREF's own lobbying to the Government on this matter.

European Long-Term Investment Fund (ELTIF)

Find out more about ELTIF 2.0 here

AIFMD

View AREF's work on this topic...

Review of the UK Funds Regime

Find out more about the review of the UK Funds Regime by the Government and the FCA.

Member only content

Productive Finance

View the update on this topic.

Open End Fund Pricing Guidance

The Open End Fund Pricing Project is an industry-wide project conducted in collaboration with INREV. View the latest updates with the project.

Cost Transparency Initiative

View materials on the Cost Transparency Initiative (CTI)

Report - A review of real estate fund behaviour following the EU referendum

Report for AREF Unlisted funds - Lessons from the crisis.pdf

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