Twentyfour Income Fund () is a large
British investment trust
An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as public limited companies and are therefore closed ended since the fund managers cannot redeem or create shares.
...
. Established in 2013, it is dedicated to investing in less liquid, higher yield investments. The chairman is Trevor Ash. It is listed on the
London Stock Exchange and it is a constituent of the
FTSE 250 Index
The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
. It is managed by Twentyfour, which is part of the
Vontobel Group.
In March 2022, the company announced that it would merge with UK Mortgages in a transaction worth £700 million. The transaction will result in UK Mortgages being wound up.
References
External links
Official site
Investment trusts of the United Kingdom
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