Directors propose $0.25 dividend for Ukraine Opportunity shareholders as board reviews contract with trust's investment manager
The board of the Ukraine Opportunity trust is currently reviewing management arrangements following Yves Kahn's departure from Fabien Pictet last year. Meanwhile, the vehicle saw its net asset value (Nav) rise 7.5% over 13 months to the end of December with directors proposing a dividend of $0.25 per share for the period. Over the period under review, the vehicle made some significant investments in private equity, according to chairman Anthony Townsend, with consumer finance, real estate, retail and consumer products the principal investment targets. "We have focused on quality, high-gr...
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