Several split capital trusts have reduced their gearing. The Exeter Smaller Companies Income fund ha...
Several split capital trusts have reduced their gearing. The Exeter Smaller Companies Income fund has repaid £5m of its £25m debt incurring additional costs of £408,000. Aberdeen Convertible Income repaid £3.75m reducing its outstanding loans to £10m.
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Partner Insight: A renewed focus on 'knowledge-intensive' companies should help investors realise that these entrepreneurial companies are found in sectors other than biotech or technology.
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