The respective boards of the Japan Small Cap Growth & Income (JSGI) and Japanese (JFJ) trusts have agreed to a merger, whereby the former’s assets will roll into the latter.
Under the terms of the scheme, JSGI shareholders will be entitled to realise up to 25% of their investment in the company for cash.
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JFJ is already the biggest company in the Association of Investment Companies’ Japan sector, with £957.7m in total assets.
The combined portfolios will create an approximately £1bn JFJ portfolio, dependent …
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