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City of London Investment Management Increases Stake in Fidelity Japan Trust PLC

Story Highlights
  • City of London Investment Management raised its voting rights in Fidelity Japan Trust to 23.12%.
  • The increased stake may influence Fidelity Japan Trust’s future decisions and direction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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The latest announcement is out from Fidelity Japan Trust PLC ( (GB:FJV) ).

City of London Investment Management Company Limited has increased its voting rights in Fidelity Japan Trust PLC to 23.12%, up from a previous position of 22.003%. This acquisition of voting rights signifies a strategic move by City of London Investment Management to strengthen its influence within the company, potentially impacting the company’s future decisions and direction.

More about Fidelity Japan Trust PLC

Fidelity Japan Trust PLC is a UK-based investment trust company that focuses on investing in Japanese companies. It aims to provide investors with long-term capital growth by investing in a diversified portfolio of primarily small and medium-sized Japanese companies.

Average Trading Volume: 142,207

Technical Sentiment Signal: Buy

Find detailed analytics on FJV stock on TipRanks’ Stock Analysis page.

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