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Nicola Ralston, chair of Henderson EuroTrust, says frustration at the fund's double-digit discount led to its agreement to merge with Henderson European Focus Trust.
Henderson European Focus Trust and Henderson EuroTrust announce plans to merge in another decisive step for investment company consolidation.
Investment companies have had to take care using gearing to boost investor returns as the Bank of England hiked interest rates in less than two years.
Update: Fund manager of Henderson European Focus Trust for 13 years announces he will retire next year to focus on chairing Scottish football club Rangers.
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