7IM provides investors liquidity through partial merger of suspended funds

Drum Income REIT uncovered as illiquid

James Baxter-Derrington
clock • 2 min read
DRUM Income REIT trades on a discount to net asset value of 15.4%

DRUM Income REIT trades on a discount to net asset value of 15.4%

Investors in the 7IM Absolute Return and Income portfolios have been afforded some liquidity through a partial merger of the suspended funds as the firm isolates toxic assets.

As of 25 June 2021, the suspended 7IM Absolute Return and Income portfolios have partly merged into the 7IM Real Return and AAP Income funds, which will enable investors to redeem the majority of their...

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