Downing targets 15% p.a. with first investment trust
Downing is to launch its first investment trust, Downing Strategic Micro-Cap Investment Trust, with an aim of 15% per annum returns though investing in between 12 and 18 equity holdings.
Downing is to launch its first investment trust, Downing Strategic Micro-Cap Investment Trust, with an aim of 15% per annum returns though investing in between 12 and 18 equity holdings.
Downing is to enter the multi-manager arena with the acquisition of SG Wealth’s Managed fund and appointment of Neil Shillito as an investment consultant.