Gabelli Funds has completed the offering of a London Stock Exchange listed closed-end fund, The Gabelli Value Plus+ Trust (GVP), the firm’s first direct entry to the UK investment community.
The fund invests in US equities, utilising Gabelli's fundamental, bottom up Private Market Value with a Catalyst investment approach.
“The UK market is highly sophisticated. We are delighted to be entrusted with the opportunity to grow wealth for the UK investor via the strengths of an investment trust vehicle. The investment trust industry can trace its foundations to the UK, and the LSE’s offering remains a “best in class” choice for the closed ended structure globally,” says Marc Gabelli.
