Conversion of two closed end funds into open fund
Hi,
I'm interviewing with a HF and as part of that process, I've been given a scenario where two closed end funds are closing and merging into the company that owns them, basically becoming an open end fund. I have to devise an investment report of sorts that would explore profitable opportunities from this transaction. I obviously cannot mention specifics, but I would greatly appreciate any general advice on what sort of investment possibilities could exist in such a situation, or links to any literature that would let me look it up myself. Thank you so much!
"two closed end funds are closing and merging into the company that owns them" --> This statement makes no sense. No company owns a fund... they manage the funds you mean? Its unlikely the manager is merging with the funds??
Placeat ullam aut id. Sit adipisci ut facilis magnam itaque doloremque.
Doloribus doloribus voluptatem amet. Rerum distinctio eaque illo est qui officiis. Nobis non omnis quo accusamus quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...