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Trust seeks capital

Swiss Bank Corporation is seeking to raise 25 million to 50 million of corporate capital for investment in Lloyd's of London.

Matheson Lloyd's Investment Trust, which is to be launched in November, is seeking investors from Switzerland and Hong Kong, Bloomberg Business News reported.

If the trust raises the 50 million, it will have 88 milion of underwriting capacity.

The members' agent advising the trust will be Jardine Lloyd's Advisers Ltd., a company 47.1 percent owned by Jardine's JIB Group Plc.