Mackersie & Moon: Simplification of Acorn Income was needed

OEIC and trust investors to benefit

clock • 3 min read
Fraser Mackersie and Simon Moon run the Unicorn UK Income fund and Acorn Income equity portfolio
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Fraser Mackersie and Simon Moon run the Unicorn UK Income fund and Acorn Income equity portfolio

When it comes to the liquidation of the Acorn Income trust “it is fair to say simplification is something the trust probably needed,” according to Fraser Mackersie and Simon Moon, the fund managers of its equity portfolio.

"For a trust of this size it was quite complicated and took a bit of time for investors to get their head around what was going on," they explained in an interview with Investment Week. In fact, everyone...

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