BlackRock's investment in the Funding Circle SME Income Fund has increased to 15%; meanwhile Aberdeen's ownership has also increased to a substantial share; investments from the institutional managers show the success of the Fund and the confidence in its management; Sachin Patel is the Fund's lead portfolio manager and the Funding Circle SME Income Fund has grown to assets under management of approximately GBP300 million ($383.5 million) following a recent C-Share issuance. Source
Funding Circle is recommending shareholders to approve the wind-down of the Funding Circle SME Income Fund; the fund will continue...
The Funding Circle SME Income investment trust was launched in 2015 to invest in Funding Circle loans originated in the...