Advertisement

Fund liquidation proposed

Reading Time:1 minute
Why you can trust SCMP
SCMP Reporter

Nicholas-Applegate Capital Management (Hong Kong) proposed liquidating the Nicholas-Applegate Pakistan Growth Fund as it is too small to provide an efficient investment vehicle. Shareholders of the fund are being offered an optional free switch of their investments to the Nicholas-Applegate International Umbrella Fund. An extraordinary meeting has been scheduled for April 3.

Advertisement
Select Voice
Choose your listening speed
Get through articles 2x faster
1.25x
250 WPM
Slow
Average
Fast
1.25x