Twentyfour Income Fund is a
British
British may refer to:
Peoples, culture, and language
* British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies.
* British national identity, the characteristics of British people and culture ...
investment trust
An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as Public limited company, public limited companies and are therefore closed ended since the fund managers cannot red ...
. Established in 2013, it is dedicated to investing in less liquid, higher yield investments. The chairman is Trevor Ash. It is listed on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
and it is a constituent of the
FTSE 250 Index
The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...
. It is managed by Twentyfour, which is part of the
Vontobel Group.
History
In March 2022, the company announced that it would merge with UK Mortgages in a transaction worth £700 million. The transaction resulted in UK Mortgages being wound up.
References
External links
Official site
Investment trusts of the United Kingdom
Companies in the FTSE 250 Index
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