Nigel Wightman News Today

Investegate announcements from JPMorgan Global, Directorate Change

Following a strategic review the board of the £679.8m Scottish Investment trust (SCIN) is proposing a merger

The trust has significantly underperformed peers over the last decade, and its board said that a merger with JGGI was in the best interest of investors.

The trust has significantly underperformed peers over the last decade, and its board said that a merger with JGGI was in the best interest of investors.

  CHAIRMANS STATEMENT While the global economy continued to be disrupted during the first half of the Companys financial year by the COVID-19 pandemic, the unprecedented fiscal and monetary support provided by governments and central banks helped to underpin global equity markets. As markets looked ahead to successful vaccine campaigns stock prices were generally firm; in the half year to 31st December 2020 the MSCI World All Countries Index (in sterling terms) - the Companys...