Revised Eaglet is preparing to come to market

Knox D'Arcy will bring its restructured Eaglet investment trust to market within weeks subject to EG...

Knox D'Arcy will bring its restructured Eaglet investment trust to market within weeks subject to EGM approval. The small-cap offering will transform into a Director's Dealing trust after the activist investor won control of Eaglet and ousted manager Peter Webb earlier this year. Its new-look trust would invest in stocks based on analysis of dealing by company directors from 1994 to 2007, designed to identify companies most likely to outperform. It will invest in 40 to 60 holdings across the market cap spectrum above £25m, including stocks in the FTSE 100, 250 and Small Cap indices bu...