Scottish Value trust to increase cash returns

Professional Adviser
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Further cash returns to investment trust shareholders are likely over the next 12 months, according ...

Further cash returns to investment trust shareholders are likely over the next 12 months, according to Scottish Value Trust chairman Simon McClean. Following the release of the £97.5m trust's results for the 12 months to 30 September, a number of its larger holdings have come up with proposals either to restructure or return cash to investors, McClean said. JF Japan OTC, Baring Emerging Europe and Asian Technology Trust have recently announced measures to realise value for shareholders, he added, while Thompson Clive Investments and Enterprise Capital Trust, both long-standing investme...

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