ACG 'frustrating shareholders' wishes' after blocking Gabelli Value Plus+ liquidation vote

Investors want their money back

David Brenchley
clock • 6 min read

Shareholders in Gabelli Value Plus+ (GVP) continue to hold out hope for a solution on the future of the trust, after criticising its majority shareholder Associated Capital Group (ACG) for frustrating their wishes by blocking a proposed liquidation vote.

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot