7IM provides investors liquidity through partial merger of suspended funds

As of 25 June 2021, the suspended 7IM Absolute Return and Income portfolios have partly merged into the 7IM Real Return and AAP Income funds, which will enable investors to redeem the majority of their capital, if desired. Investors in the Absolute Return offering will see the annual management charge of their merged capital fall from 0.75% to 0.6%, while those in the Income fund see a reduction from 0.75% to 0.5%. 7IM confirmed to Investment Week that the two assets which led to the suspension of the funds on 16 March 2021 will remain in the vehicles as the managers are "currently un...