EGM for GT Japan trust

Invesco backed shareholders have called an emergency general meeting (EGM) in an attempt to force out the board of the GT Japan investment trust. This follows the decision by the board at the end of last year to transfer management to Sloane Robinson, as the trust had underperformed its benchmark and its peers. The requisition to call an EGM, which will be held on 16 July, puts forward resolutions that each of the current five board members of the trust be voted out by shareholders, that the trust be liquidated and that investors be given the option to take cash or roll over into one o...