Chair of Henderson European trust (HET) Vicky Hastings has voiced her frustration at the upheaval at HET that has resulted in a proposed merger with Fidelity European trust (FEV).
In a stock exchange notice today (30 June), Hastings said: "I am frustrated to write that this year has seen further change for shareholders in HET prompted by the unexpected resignation of our co-fund managers." The decision to combine the two trusts came on 19 June following the resignation of Tom O'Hara and Jamie Ross earlier this year. Henderson European trust pushes for combination with Fidelity European The departure triggered a review by HET's board to determine the potential options for the strategy's "future", leading to engagement with shareholders. During this time, the ...
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