The board of the Schroder UK Growth trust, previously run by Julie Dean, is planning to review alternative managers for the trust in the next few weeks following the manager's departure.
The discount on Julie Dean's Schroder UK Growth investment trust has jumped sharply in the last few days following the announcement of her exit from the group.
Chris Rice and Tim Russell have annnounced the fundraising for their first offering through new firm Sanditon Asset Management was oversubscribed.
The return of long-dated investment trust debt
Newly-launched boutique Sanditon Asset Management, formed by ex-Cazenove managers Tim Russell and Chris Rice, is poised to launch an investment trust within the next four weeks.
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