Fidelity European and Henderson European combine as consolidation wave continues
Merger creates biggest European trust Net assets to exceed £2.1 billion Reduced ongoing annual charges Yet another investment trust has thrown in the towel with Henderson European Trust (HET) set to merge into Fidelity European Trust (FEV) via a combination which will create the 'go-to' UK-listed European trust with net assets north of £2.1 billion. The deal continues the...