Investment trust VH Global Energy Infrastructure (ENRG) has embarked on an asset realisation strategy that will see it return capital to shareholders over the coming three years.
According to a company notice today (23 May), the proposed strategy will see the trust sell its energy infrastructure portfolio. Victory Hill Capital Partners, the trust's alternative investment fund manager will be told to sell the portfolio "in a timely manner with a view to maximising value", VH Global explained. Schroder and Victory Hill among first investment trusts to publicly adopt SDR label Since the trust unveiled its strategy, its share price has jumped 12% today, according to data from the London Stock Exchange. The decision follows ENRG's extensive consultation wit...
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