- U.S.-based managers are increasingly turning to London Stock Exchange, the most venerable market in the world for publicly traded closed-end investment companies, known in the U.K. as investment trusts.
- London-listed investment trusts offer access to a different investor base than U.S.-listed funds. The London market is dominated by sophisticated institutional investors at launch.
- The U.K. market is open to new managers. The average IPO is $150 to $450 million, creating a lower bar to entry for fund sponsors compared to the mega launches in the U.S.
For further details see:
Finding Success In The London-Listed Fund Market