Schroders considers investment trust to inject equity into U.K. small and midcaps hit by the pandemic

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“British fund manager Schroders is considering launching an investment trust to inject equity into public and private markets, and support some of the U.K.’s smaller and midmarket businesses that are struggling amid the COVID-19 pandemic.”

“Schroders SDR, -0.17% is hoping to launch the trust in the fourth quarter of 2020, subject to client support.’

“The proposed trust would focus on investing in well-established small to midcap companies that have substantial workforces and need equity support during the coronavirus crisis, a spokesperson told MarketWatch.” –MarketWatch.com

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