HSBC conversion vote

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HSBC unit holders vote next month on the conversion of their funds into a single Oeic range. The in...

HSBC unit holders vote next month on the conversion of their funds into a single Oeic range. The investment house is to send out voting packs on 11 September and plans to hold unit holder meetings on 27, 28 and 29 September. Assuming the changes are backed, the unit trusts will convert to an Oeic on 27 October and dealing will start on 31st of that month. At the same time the group is to merge HSBC Investment Funds (UK), formerly Midland Unit Trust Management, and HSBC Unit Trust Management (UK) into the Oeic to be called HSBC Investment Funds (UK). The Oeics funds will all have an init...

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