Asset AllocatorOct 15 2024

Are allocators betting on a UK economic recovery?

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Are allocators betting on a UK economic recovery?
We look at the travails of the Premier Miton Multi-Cap Income, and what that says about how portfolio managers are thinking about the UK economy (Jason Alden/Bloomberg)

A recent stock exchange announcement revealed the board of the Premier Miton UK Microcap investment trust are pondering winding the company up after 40 per cent of shareholders redeemed their shares, drastically reducing the size of the trust.

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