Lansons defends Gartmore trust

Investment trust Gartmore is using Lansons Communications after fending off hostile interest from hedge fund Carrousel Capital.

The agency was brought in after Carrousel's approach included a demand for representation on the board of Gart­more European Investment Trust.

Carrousel owns just under a third of the Roger Guy-managed firm's shares. It wanted to appoint three of its representatives to the Gart­more board, effectively gaining control of the trust.

Lansons' brief is to ensure high shareholder turnout at an upcoming vote. It needs support from more than half of shareholders - the normal turnout for shareholder meetings is ten per cent.

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