Edinburgh Portfolio is preparing to contact unitholders in the Portfolio Japan fund to offer them a ...
Edinburgh Portfolio is preparing to contact unitholders in the Portfolio Japan fund to offer them a free switch into the Edinburgh Tokyo unit trust. The £8.4m Portfolio Japan vehicle, which has a fund of funds structure, is seen as being too small to be viable. While no final decision has been taken, managing director Paul Talbot told Investment Week he was '90% certain' the Japan fund would close in the not-too-distant future. Should this occur, he continued, the group would put the fund into liquidation rather than retain the shell structure. Two of Portfolio's funds have even fe...
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