Over half of Acorn shareholders opt for open-ended option

Liquidity a factor

clock • 2 min read
Simon Moon (l) and Fraser Mackersie (r)
Image:

Simon Moon (l) and Fraser Mackersie (r)

Following last year’s decision to wind up the Acorn Income trust, 55% of shareholders opted to move their holdings to the Unicorn UK Income fund, the open-ended vehicle run by the same management team.

Fraser Mackersie and Simon Moon, the fund managers of the Unicorn fund and the former Acorn trust, told Investment Week that while the process of planning the integration of the two portfolios was "quite...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot