Impact investing trust launches London IPO
Schroders, the UK asset management company, has partnered with Big Society Capital to seek to list a new fund on the London Stock Exchange to invest in assets which have a positive social impact on the UK.
Big Society Capital will be the Schroder BSC Social Impact Trust portfolio manager.
The company is selling 100m shares at £1 a share through an IPO on the London Stock Exchange. Winterflood Securities will act as bookrunner.It is aiming to be the first London-listed investment company to ...