British Assets Trust

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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[]

• Official site

External links[]

• https://www.aberdeenstandard.com/docs?editionId=ac08921c-d4c5-446d-92f9-9d6b3d5f87ba

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