GHS strategic review collapses following clash with shareholders

Trust will enter run-down

Lauren Mason
clock • 3 min read
GHS’s board have conceded that the run-down of the company is “like to be approved"
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GHS’s board have conceded that the run-down of the company is “like to be approved"

Shareholders accounting for almost half of the Gresham House Strategic (GHS) investment trust’s total share capital have called for an immediate return of cash and the realisation of its portfolio, following a controversial strategic review last month.

On 11 October, it was announced that the £466m trust decided to part ways with Gresham House Asset Management (GHAM) and instead appointed Harwood Capital as its investment manager, which would lead to...

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