Fran Radano exits after 16 years at abrdn
Co-manager Tony DeSpirito to take over North American Income trust
Aberdeen's Fran Radano and Paul Atkinson, managers of the £275m North American Income trust, said recent concerns about US earnings pressures have been overstated, as they question whether it is even possible to identify ‘normalised earnings' for this...
Aberdeen Asset Management's head of North American equities Paul Atkinson will be leaving the firm at the end of June.
The BlackRock North American Income trust has raised £65m in its initial offer period and plans to issue further equity in the near future, after undershooting its £100m target.