JP Morgan to merge UK small and mid cap trusts
Enlarged £430m UK Smaller Companies trust will continue to be managed by Georgina Brittain and Katen Patel
Enlarged £430m UK Smaller Companies trust will continue to be managed by Georgina Brittain and Katen Patel
Adds to the firm’s £5.7bn global private wealth platform
Focused exclusively on short-dated bonds
Shakhista Mukhamedova takes up the role next year, while Michael Paul will move to an investment management position
Liliana Castillo Dearth joins from Wellington
Robert Naylor named chair, while Francis Keeling appointed NED
Rent collection for October improved to 18% of the amount invoiced
Hipgnosis’s catalogue bonus provision is expected to increase by £18.5m to £54.8m
Board exploring options for combination with another investment trust
Open to UK investors following launch of Luxembourg vehicle last year
Following merger of UK and European equity teams
Abrdn’s Liam O’Donnell (pictured) has been appointed co-manager