Offshore - Bridgeman looks to invest £200m by year end

Mark Bridgeman, the manager of the Schroder Agricultural Land fund, believes he could invest up to 80% of the funds raised by the end of the year. The London-listed investment trust, domiciled in Guernsey, is seeking to raise up to £250m, to invest in a mix of unlisted vehicles holding land directly and agricultural land-related equities and commodities. Bridgeman expects to invest 75-80% of the assets in between 12 and 15 unlisted vehicles, and the balance in listed equities translating to 25% in EU countries, 35-40% in emerging countries, with the balance in developed markets such as ...