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Aberdeen Diversified Income and Growth Trust

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The Aberdeen Diversified Income and Growth Trust is an investment trust focusing on investments known to deliver reliable income and growth. It is listed on the London Stock Exchange.

History[edit]

The company was founded by accountants, James Ivory and Thomas Watson Sime of the asset management firm, Ivory and Sime, as the British Assets Trust in 1898.[1] After the mandate moved to BlackRock in February 2015, the company changed its name from British Assets Trust to BlackRock Income Strategies Investment Trust in April 2015.[2] Then, after the mandate moved to Aberdeen Asset Management, the company merged with Aberdeen UK Tracker Trust and was renamed Aberdeen Diversified Income and Growth Trust in December 2016.[3]

References[edit]

  1. ^ "Records of British Assets Trust Ltd, investment trust, Edinburgh, Scotland". Archives Hub. Retrieved 27 September 2022.
  2. ^ "British Assets Trust changes name and manager, and vows to adopt a multi-asset approach to turnaround dismal performance". What Investment. 1 April 2015. Retrieved 27 September 2022.
  3. ^ "BlackRock Income Strategies to merge with Aberdeen UK Tracker Trust". The Association of Investment Companies. 13 December 2016. Retrieved 27 September 2022.

External links[edit]