A recent slew of liquidations and other corporate actions in the investment trust sector is expected...
A recent slew of liquidations and other corporate actions in the investment trust sector is expected to continue in coming months. Charles Cade, investment trust specialist with brokerage firm Close Wins, said the spate of activity so far this year is by no means over. He added trust boards are becoming more pro-active in considering changing management groups and trust mandates. 'Smaller funds sometimes lack the flexibility required for investors to be able to actively trade them. This corporate activity is often a result of trust boards taking steps to remedy the problems of the ...
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