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Merrill Lynch British Small Companies Trust is reducing real estate exposure and
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TrustNet
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May 12, 2008
Merrill Lynch British Small Companies Trust is reducing real estate exposure and adding to its core holdings operating in the oil and gas sectors. The £231m trust, managed by Mike Prentis, has reduced weightings in real estate holdings from 9% to 5.5% and sold Songbird Estates and Savills. 'I canno...
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