Update from QuotedData

Summary by AI BETAClose X

Capital Gearing Trust PLC has reduced its exposure to risk assets to 25% by the end of November 2025 and increased holdings in UK inflation-linked bonds, reflecting a cautious stance on inflation and market risks. The trust's managers successfully opposed a proposed merger for HICL Infrastructure, a holding within its risk assets, which has since seen its share price recover, demonstrating the asset manager's efforts to reduce discounts in UK-listed investment companies.

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