The Association of Investment Trust Companies has sent a letter to all boards of split capital inves...
The Association of Investment Trust Companies has sent a letter to all boards of split capital investment trusts asking them to approve a new plan that would result in unprecedented investor access to data on holdings within their funds, including all sub-funds, cross-holdings and latest gearing levels. The letter comes just as the splits issue has been highlighted by the national broadcast of a highly critical television program, which alleges investment companies such as Aberdeen Asset Management and its 'Mr Splits' Chris Fishwick have frittered away billions of pounds of investors...
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