Jos reconstruction brings £7.5m to rollover trust

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The reconstruction of the Allianz Dresdner-managed Jos Holdings split capital investment trust has r...

The reconstruction of the Allianz Dresdner-managed Jos Holdings split capital investment trust has resulted in the issue of £7.5m new shares in the rollover vehicle, British Portfolio Trust. Head of investment trusts at Allianz Dresdner Simon White said this expands the issued share capital of the British Portfolio Trust by 18% and brings in 600 new investors, improving its liquidity situation.

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