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]
External links
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, 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^