The £1.2bn Chrysalis investment trust has come under fire repeatedly over the past number of months, first for its performance fee payout, then for poor performance and last weekend (17 July), it was compared to the Woodford debacle.
All this negative press could weigh on its peers in the private equity trust space, which are already suffering from perception issues, according to analysts. And while many experts that Investment Week spoke to felt the Woodford comparison was limited, they did think the performance fee issue was a stark reminder to peers to get their house in order. PE perception Private equity trusts have been struggling with their perception for some time and it is something that has weighed on their discounts. Across the Association of Investment Companies' Growth Capital and Private Equity...
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