New UK investment fund pulls in less than half of cash target

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Equity IPOs

New UK investment fund pulls in less than half of cash target

Aidan Gregory
November 27, 2020 10:00 AM
LSE_15_PA_575_375
(200309) -- LONDON, March 9, 2020 (Xinhua) -- Photo taken on March 9, 2020 shows the sign of the London Stock Exchange in London, Britain. British stocks decreased on Monday, with the benchmark FTSE 100 Index down by 7.69 percent, or 496.78 points, to close at 5,965.77 points. (Photo by Tim Ireland/Xinhua) | unreguser/Xinhua News Agency/PA Images

Schroder British Opportunities Trust, a new listed fund set up by Schroders to invest in undervalued UK equities, has completed its IPO on the London Stock Exchange, raising just £75m.

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