Close Finsbury is to launch an investment trust that will use its institutional manager of managers business, Escher Asset Management, to create a blended global portfolio. The trust is set for launch later in the year. The group has not confirmed details of the vehicle but it is expected to be a global growth portfolio in line with Escher's other offerings. The move is part of a strategy to strengthen Close Finsbury's range being developed by chief executive Rufus Warner. The group acquired the Escher business in July this year. Warner described the strategy Escher employs when constru...
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