Securities Trust of Scotland changes name

STS Global Income & Growth trust

Eve Maddock-Jones
clock • 1 min read

Securities Trust of Scotland has changed its name to the STS Global Income & Growth trust.

In an RNS notice published today (6 June), the trust's overseer Troy Asset Management clarified that the change did not affect shareholders and all existing shares in the trust remained valid. Stock Spotlight: Ocado avoids FTSE 100 relegation for now but questions remain The change became effective from 5 June, and Troy noted the trust's trading instrument display mnemonic, ISIN and SEDOL would remain the same. The trust is run by James Harries and Tomasz Boniek. According to the Association of Investment Companies it is trading on a 1.3% discount, with a market cap of £213.9m. ...

To continue reading this article...

Join Investment Week for free

  • 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