Schroders and Big Society Capital shake off investment trust curse to raise £75m for new impact vehicle

The first-of-its-kind investment trust will focus on UK private markets

Schroders seems to have overcome the curse of sustainability-related investment trusts, by raising £75m (€52.3m) for the IPO of the first London-listed investment trust targeting positive social impact.

It is the latest in a number of attempts by investors to launch such products,…

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