- Independent alternative investment manager Argo Group Limited has agreed to reduce the annual management fee from Argo Real Estate Opportunities Fund Limited from €2m to €1m.

It said the fee reduction was part of a wider restructuring of AREOF which aimed to reduce the fund's liabilities and return it to a positive equity position.

At 8:43am: [LON:ARGO] Argo Group Ltd share price was 0p at 15.25p

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