British Assets Trust
The British Assets Trust was a global equity income investment trust founded in 1898 and managed by F&C Investments (now BMO Global Asset Management). In February 2015 the mandate moved to BlackRock and the trust became BlackRock Income Strategies. After a period of poor performance the fund undertook a strategic review and Aberdeen Asset Management was appointed as manager in February 2017. It was then enlarged by a merger with Aberdeen UK Tracker Trust and renamed Aberdeen Diversified Income and Growth Trust.
The fund is managed by Nalaka de Silva
References
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