Struggling Pacific Assets to merge with Schroder Asian Total Return

Consolidation across the investment trust sector continues apace. The latest deal will see Pacific Assets Trust (LON:PAC) merge with Schroder Asian Total Return (LON:ATR), creating an Asia Pacific-focused fund with roughly £1.1 billion in net assets. Pacific Assets shareholders will have the option to rollover their shares into Schroder Asian Total Return or elect for … Continue reading Struggling Pacific Assets to merge with Schroder Asian Total Return