An investment entity may be an investment company, an investment trust, an overseas investment company or trust, a property investment company, an authorised unit trust or an open-ended investment company.
Recent changes to the Listing Rules for investment entities allow issuers greater flexibility in their choice of investment strategy and how they gain exposure to underlying assets.
In addition, the new rules reflect recent legislation enabling the listing of UK REITs (Real Estate Investment Trusts) - companies that own and manage income producing properties.