Acorn Income board recommends ‘voluntary liquidation’ of trust
Comes weeks after the board scrapped plans to appoint BMO Gam as manager
Comes weeks after the board scrapped plans to appoint BMO Gam as manager
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‘Buying shares in the trust at a premium could lead to a significant loss if stock markets fall and/or LTL’s funds under management decline’
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Wise IPO and re-valuations for Klarna and You & Mrs Jones key drivers of returns
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£714m trust has benefitted from recent value rally that began last autumn on positive vaccine news
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‘Applying 20th century measures of what constitutes ‘value’ to digital companies is a mistake’
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Represents Richard Watts and Nick Williamson’s fourth new investment in a month
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Trust dividends dropped 3.1% in H1 but it could have been worse, according to Link Group analysis
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Shareholders had been due to vote on trust’s radical overhaul into a global sustainable income vehicle at this month’s AGM
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James Anderson’s trust saw assets double from £9.2bn to £18.3bn in the year to the end of March
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Murray International chairman passed away following a short illness on Monday
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Smithson manager Simon Barnard says higher inflation unlikely to pose significant problems for portfolio companies
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SUPP is currently trading on a 20% discount
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