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Value and Income Trust Announcement

Closed-end funds and OEICs
shawsdale
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Value and Income Trust Announcement

#353283

Postby shawsdale » November 4th, 2020, 8:02 am

I don't hold the Value and Income Trust (VIN) but I note this morning's concise announcement that OLIM, managers of the equity component, are terminating the investment management agreement with effect from 31st January 2021:
https://www2.trustnet.com/Investments/Article.aspx?id=202011040700041589E

What next: another opportunity for potential fund managers to pitch for the business, or is someone waiting in the wings to take over?

Alternatively, could the trust be wound up? The absence of a more extensive statement from the board is interesting...

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