group expects to have a deal in place by next month after moving out of aberdeen stable
The British Empire Securities & General Investment Trust is looking for another Isa provider and hopes to have a deal in place by next month. Last week, the trust announced its plans to move out from the Aberdeen Asset Management stable that currently provides the wrapper. Its portfolio is managed by investment boutique Asset Value Investors (AVI), managed by John Walton, which has just bought itself out from Aberdeen. The board of the trust said it planned to keep the investment management contract with AVI. John Pennick, manger of the trust, said shareholders in British Empire Securiti...
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