| Traded as |
|
|---|---|
| Industry | Property investment |
| Foundation | 2013 (age 13) |
| Location city | Saint Peter Port |
| Location country | Guernsey |
| Key people | Trevor Ash (Chairman) |
| Products | Investing in less liquid, higher yield investments |
| Homepage | www.twentyfouram.com |
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
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
- ^ "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". 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". Twentyfour Income Fund. Retrieved 1 September 2022.