Schroders is discussing with shareholders of the Schroder Split Fund what sort of structure they wan...
Schroders is discussing with shareholders of the Schroder Split Fund what sort of structure they want the rollover vehicle to be when the trust winds up in January. The board of the split capital trust is in the advanced stages of considering alternatives for the future of the company and is actively market-testing ideas. The board is anxious to avoid the situation that occurred with JPMorgan Fleming last month, where the early wind-up scheme proposed by the board of the Fleming Income & Capital investment trust failed because the trust's zero holders were unhappy with the terms of the...
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