Edinburgh investment trust cuts fees as discount widens
The Edinburgh investment trust (EDIN) has agreed to a reduction in fees with its investment manager Liontrust.
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The Edinburgh investment trust (EDIN) has agreed to a reduction in fees with its investment manager Liontrust.
The Smithson investment trust has survived its continuation vote, but not without some shareholder dissent and opposition for the re-election of chair Diana Dyer Bartlett and other directors.
Third Point Investors has committed to returning up to 25% of issued share capital to shareholders after its discount widened to double-digits.
JP Morgan Emerging Markets has proposed a conditional performance-related tender for up to 25% of its share capital at a 2% discount to net asset value.
GCP Asset Backed Income is weighing a share buyback programme, as the board begins consulting shareholders on the options for the future of the trust