The board of the Electra investment trust has decided to wind up the company following the third stage of its strategic review.
Having agreed the sale of its larger non-controlled assets, Photobox and Knight Square, to funds advised by Lexington Partners, the fund will only hold TGI Fridays, Hotter Shoes and a few smaller positions....
Reducing volatility and maximising returns
Record organic asset growth
Global economic cycle is among the longest in history
Fixed income manager takes a more cautious approach
Duff & Phelps IM selected for real estate vehicle