RE: City Financial28 Mar 2019 11:17
ENET holding was in the Absolute Equity Fund so it looks like Valu-Trac will take ownership. From the FT:
"Six of City Financial’s Ucits funds have been transferred to Valu-Trac Investment Management and the investment management has been given to Garraway Capital.
The funds, which include the Diversified Fixed Interest, Multi Asset Balanced, Multi Asset Diversified, Multi Asset Dynamic and Multi Asset Growth, have been renamed VT Garraway.
Earlier this month, the company announced it had suspended trading in its Absolute Equity fund and the decision to reinstate this product now lies with Valu-Trac and the fund’s depositary.
Garraway Capital has also assumed management of the Irish-domiciled Ucits funds, which includes the Absolute Equity Feeder fund, Adventurous Portfolio and Wealth fund."