Twentyfour Income Fund
 | |
| Company type | Investment trust |
|---|---|
| Industry | Property investment |
| Founded | 2013 |
| Headquarters | , |
Key people | Trevor Ash (Chairman) |
| Products | Investing in less liquid, higher yield investments |
| Website | www |
Twentyfour Income Fund is a British investment trust dedicated to investing in less liquid, higher yield investments.[1] It is listed on the London Stock Exchange and it is a constituent of the FTSE 250 Index.[2]
History
[edit]The company was established in 2013. Twentyfour, part of the Vontobel Group, was appointed manager.[3] In March 2022, the company announced that it would merge with UK Mortgages in a transaction worth £700 million.[4] The transaction resulted in UK Mortgages being wound up.[5] The chairman is Trevor Ash.[6]
References
[edit]- ^ "Twentyfour Income Fund". Trust.net. Retrieved 1 September 2022.
- ^ "FTSE UK Index Series Quarterly Review September 2022". 31 August 2022. Retrieved 1 September 2022.
- ^ "Prospectus" (PDF). Twentyfour Income Fund. p. 54. Retrieved 1 September 2022.
- ^ "Twentyfour trust gets go ahead for £700m merger with UK Mortgages". Portfolio Advisor. 18 March 2022. Retrieved 1 September 2022.
- ^ "TwentyFour Income Fund and UK Mortgages agree merger terms". Morning Star. 9 February 2022. Retrieved 1 September 2022.
- ^ "Annual Report 2022" (PDF). Twentyfour Income Fund. Retrieved 1 September 2022.
External links
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