Schroders forges ahead with British Opportunities Trust launch as competitors drop out

To list on 1 December

David Brenchley
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Schroders' head of equities Rory Bateman
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Schroders' head of equities Rory Bateman

Schroders British Opportunities Trust (SBO) will look to list on the London Stock Exchange by 1 December, as the company officially announced its intention to raise £250m on Tuesday (10 November).

Schroders confirmed the trust, which will have a seven-year life, would invest 50% of its portfolio in public companies and 50% in private firms, with market capitalisations of between £50m and £2b...

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