- For the first time in some years, inflation is a looming concern for investors. - This is being felt in asset pricing, with longer-dated bonds rising higher and more economically sensitive stocks leading markets higher. - An inflationary shock looks unlikely, but investors should still be alert to shifting inflation expectations. Investors have been preoccupied with the impact of the pandemic, but as the economic impact has lessened and recovery builds momentum, they have started to find new concerns. At the top of the list today is inflation. Could the confluence of economic recovery with vast economic stimuli cause a shock?
Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Aberdeen Income Credit Strategies Fund Announces Rights Offering And Monthly Distribution
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PHILADELPHIA, May 10, 2021 /PRNewswire/ The Board of Trustees (the Board ) of Aberdeen Income Credit Strategies Fund
(
NYSE: ACP) (the Fund ), a closed-end fund, has approved the terms of the issuance of transferable rights ( Rights ) to the holders of the Fund s common shares (the Common Shareholders ) of beneficial interest ( Common Shares ) as of the record date, entitling the holders of those Rights to subscribe for Common Shares (the Offer ). The Board, based on the recommendations and presentations of Aberdeen Asset Managers Limited, the Fund s investment adviser (the Adviser ), and others, has determined that it is in the best interests of the Fund and the Common Shareholders to conduct the Offer and seek to increase the assets of the Fund available for investment. The Offer seeks to provide an opportunity to existi
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