The board of the £66.1m Jupiter Emerging and Frontier Income investment trust (JEFI) is planning to put forward proposals for the liquidation of the company.
In a stock exchange announcement yesterday afternoon (8 March) the company said that the board is "conscious of the current size of the company, the risk of further shrinkage through redemptions and the limited opportunities for growth against the backdrop of a deteriorating international outlook". They added that the recent invasion of Ukraine has "only served to reinforce the board's reservations". As part of the proposals, the board is considering a full cash exit less costs and an optional rollover of the assets into another vehicle. They said a further announcement would be ma...
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