A new investment trust focused on commercial property and aiming to provide a yield of 7% annually -...
A new investment trust focused on commercial property and aiming to provide a yield of 7% annually - payable quarterly - is to launch by mid-November says Isis Asset Management. The new fund will target stock brokers, discretionary managers, and advisers who want to diversify their clients' portfolios away from fixed income and equities. Retail investors will have a small look-in via the float of the investment trust, but most of the shares will be placed with institutions and intermediaries ahead of the first day of dealing currently targeted as 17 November. Shares in ...
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