Asset Management

Aberdeen and BlackRock merge investment trusts

Trusts managed by Aberdeen Asset Management and BlackRock are merging to create a £500 million multi-asset investment company.

Aberdeen and BlackRock merge investment trusts
Photo: iStockPhoto

Trusts managed by Aberdeen Asset Management and BlackRock are merging to create a £500 million multi-asset investment company.

Aberdeen UK Tracker Trust and BlackRock Income Strategies Trust are set to merge, they said in November 30 statements.

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