Shareholders in the £25m Dresdner RCM Emerging Markets investment trust will be given three options ...
Shareholders in the £25m Dresdner RCM Emerging Markets investment trust will be given three options when the company winds up later this year. Under the proposals put forward by the trust's board, shareholders will be able to take cash or roll over into one of two open-ended vehicles: the sterling-based A shares of the Dresdner Global Distributor fund, a Luxembourg-listed open-ended portfolio, or the Dresdner RCM Tiger Trust, a UK-registered unit trust focused on Asian emerging markets. The trust has been one of the star performers in its sector over the 12 months to 18 March. On a mi...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes