Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Schroder British Opportunities Trust Plc ( (GB:SBO) ) just unveiled an update.
Schroder British Opportunities Trust plc has announced a proposed material change to its investment policy, shifting its focus entirely to private equity investments. This decision comes after recognizing that private equity has been the primary driver of the company’s positive portfolio performance, while public equity investments have underperformed. The transition, subject to shareholder and regulatory approval, will involve reallocating public equity investments into private equity. Additionally, the board plans to bring forward the company’s winding-up resolution to 2027, providing clarity on its future and aligning with the new investment strategy.
More about Schroder British Opportunities Trust Plc
Schroder British Opportunities Trust plc (SBO) invests in a diversified portfolio of UK-focused public and private equity companies with long-term growth prospects.
YTD Price Performance: -3.50%
Average Trading Volume: 59,331
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £50.99M
See more insights into SBO stock on TipRanks’ Stock Analysis page.