October marks all-time high for investment company fundraising
Record-breaking month for investment trusts
AIC chief executive Ian Sayers
A total of £1.3bn was raised in October through secondary fundraisings by investment companies, a record high for the industry, according to the Association of Investment Companies (AIC).
This overtakes the previous record set in June this year of £1.2bn. The Infrastructure sector raised the most capital at £405m, followed by Renewable Energy Infrastructure at £380m. The Royalties sector...
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