Fidelity Japan Trust PLC Announces Change in Major Shareholding
Why we think this is neutral
The RNS announcement is a routine regulatory update on a change in major shareholding, with Lazard Asset Management LLC reducing their stake in Fidelity Japan Trust PLC from 10.79% to 8.37%. There are no indications of any material financial or operational impacts to the company based on the information provided.
Key Points
- Lazard Asset Management LLC has reduced its stake in Fidelity Japan Trust PLC from 10.79% to 8.37%
Summary
The investment manager has reduced its stake in the investment trust.
Fidelity Japan Trust PLC has announced that Lazard Asset Management LLC has reduced its shareholding in the company from 10.79% to 8.37%. This appears to be a routine regulatory notification with no further details provided on the reasons for the change in shareholding.
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