REG - Scot.Inv.Trust PLC - Appointment of AIFM

InvestecAnnouncement

21/01/2022 08:05

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220121:nRSU1638Za&default-theme=true

RNS Number : 1638Z  Scottish Investment Trust PLC  21 January 2022

 To:    RNS
 From:  The Scottish Investment Trust PLC
 LEI:   549300ZL6XSHQ48U8H53
 Date:  21 January 2022

 

 

Appointment of AIFM

 

Further to its announcement of 9 December 2021, the Board of The Scottish
Investment Trust PLC (the "Company") confirms that JPMorgan Funds Limited
("JPMF") has today been formally appointed as the Company's AIFM. As detailed
in the Company's shareholder circular dated 16 November 2021 (the "Circular"),
JPMF has delegated portfolio management responsibilities to JPMorgan Asset
Management (UK) Limited.

 

With JPMF's appointment coming into effect, the Company will now be managed in
line with the new investment strategy which was set out in the Circular and
which was approved by shareholders at the General Meeting of the Company held
last month. Completion of the process of portfolio realignment to reflect the
new investment strategy is expected shortly.

 

 

ENDS

 

Enquiries:

 

 The Scottish Investment Trust PLC
 James Will (Chairman)                 T: +44 (0)20 7597 4000

 (via Investec Bank plc)

 JPMorgan Funds Limited
 Simon Crinage                         T: +44 (0)20 7742 3445
 Fin Bodman                            T: +44 (0)20 7742 8651

 Investec Bank plc (Corporate Broker)
 Tom Skinner (Corporate Broking)       T: +44 (0)20 7597 4000
 David Yovichic (Corporate Finance)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  FURPPUQWGUPPPGU