Janus Henderson will close its UK Strategic Income unit trust on 2 July due to concerns its assets under management (AUM), which stood at £10.8m as of 31 December 2017, meant it was "no longer viable".
In a 30 April letter to investors in the vehicle, which is managed by Janus Henderson's multi-asset team, head of client services at Martyn Bailey said: "The trust is being closed because we believe its...
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