Gresham House Strategic hits back against incumbent asset manager

Proposals not in interest of all shareholders

clock • 3 min read
GHS and Gresham House are at logger heads

GHS and Gresham House are at logger heads

The board of the £66.3m Gresham House Strategic trust (GHS) has hit back against its incumbent asset manager's - and largest shareholder - accusations, saying its recent claims contain “material inaccuracies” and its proposals do not “take account of the best interests of all shareholders”.

Yesterday (19 October), the board of Gresham House called for shareholders of GHS to be offered liquidity to release their full investment at net asset value, claiming the results of the strategic review...

To continue reading this article...

Join Investment week

  • 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


More on Investment Trusts

Ruffer raises £41m in share offer

Ruffer raises £41m in latest share offer

Brings its total issuance for 2021 to £173m

clock 02 December 2021 • 1 min read
easyJet plane

Vanguard and Baillie Gifford dominate interactive investor best-buy list

Scottish Mortgage top trust

Jenny Turton
clock 02 December 2021 • 2 min read
Janus Henderson strengthens ESG investment team with six new hires

Janus Henderson strengthens ESG investment team with six new hires

Led by Paul LaCoursiere

Nafeesa Zaman
clock 01 December 2021 • 2 min read