Overview
Aberdeen Diversified Income & Growth : ADIG (formerly BlackRock Income Strategies : BIST and, before that, British Assets) targets returns of LIBOR+5.5 per cent. per annum (net of fees) over rolling five-year periods. The portfolio will include, but is not limited to, listed and unquoted equities, property, social and renewable infrastructure, emerging market bonds, loans, asset-backed securities, insurance linked securities, private equity, farmland and aircraft leasing.
You can access the company’s website here
Fundamentals
Price
Research History
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26 Feb 2021 2 min read
Interview with Nalaka De Silva from Aberdeen Diversified Income and Growth Trust
In this week’s show, James Carthew talked to Nalaka De Silva from Aberdeen Diversified Income and Growth Trust. Watch it again here. If you were looking for QuotedData’s roundup of the week’s news, this is now in the news section – just click here. If there is a guest speaker you’d particularly like to hear from, please […]
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10 Jan 2020 10 min read
QuotedData’s economic roundup – January 2020
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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12 Jul 2019 9 min read
Quarterly investment companies roundup – Second quarter 2019
Quarterly investment companies roundup – Second quarter 2019 QuotedData news Global equities re-found momentum in June after a cautious April and May. How much longer this ten-year bull market can sustain itself continues to be the subject of much debate. The prospect of interest rate cuts in the US has re-invigorated sentiment for the time […]
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05 Jul 2019 8 min read
QuotedData’s economic roundup – July 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
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22 Feb 2019 2 min read
QuotedData’s economic roundup – February 2019
QuotedData’s economic roundup – February 2019 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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07 Feb 2018 2 min read
QuotedData’s economic round up – February 2018
QuotedData’s economic round up – February 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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18 Jan 2018 2 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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07 Dec 2016 1 min read
QuotedData investment companies roundup – December 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2016. december-investment-companies-roundup
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27 Oct 2016 1 min read
Quarterly investment companies roundup – Third quarter 2016
Q3 saw the market adapt to life post the UK’s EU referendum. Sterling continued to fall but most stock markets stabilised and discounts narrowed across most sectors. While the US election is dominating headlines, it does not seem to be having much impact on markets so far. q3-quarterly-roundup
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13 Oct 2016 1 min read
QuotedData investment companies roundup – October 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2016. october-investment-companies-roundup
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03 Nov 2015 2 min read
Seneca Global Income & Growth Trust – Low volatility and growing income
Seneca Global Income & Growth Trust – Low volatility and growing income Marten and Co publishes its first initiation of coverage note on Seneca Global Income & Growth Trust (SIGT) In recent years Seneca Global Income & Growth has delivered returns ahead of the average of its peer group and ahead of comparable indices and […]
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27 Apr 2015 1 min read
The importance of income – where to find it?
Life used to be simpler. If you had a bit of spare cash or you wanted to save up for something you’d just stick some money in a bank or building society account. If you had a nest egg and wanted to invest it in something safe and live off the income, you’d maybe buy […]
News
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17 Dec 2020 4 min read
Shake up at Aberdeen Diversified
Shake up at Aberdeen Diversified Income and Growth. The board and the manager have together conducted an extensive review of strategy to see how best to provide investors with growing income and capital that was expected when Aberdeen Standard Investments took on the mandate in 2017. We reproduce this part of the statement here: “As a […]
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21 Oct 2020 2 min read
Aberdeen Diversified Income and Growth to increase focus on private market investments
Aberdeen Diversified Income and Growth (ADIG) announced that following a strategic review, it has been agreed with the manager that a greater focus should be given to the company’s allocation to private market investments. It has been agreed that Nalaka De Silva, Aberdeen Standard Investments’ head of private markets solutions, will assume oversight of the company’s portfolio asset […]
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13 Dec 2019 6 min read
Aberdeen Diversified Income & Growth discount widens as NAV returns fall short of wider market
Aberdeen Diversified Income & Growth discount widens as NAV returns fall short of wider market – The flexible investment sector company, Aberdeen Diversified Income & Growth (ADIG) has posted annual results to 30 September 2019. While NAV total returns increased by 1.1%, the share price was down by (9%). Chairman, James M Long, noted: “Reflecting this […]
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15 Jan 2019 10 min read
Aberdeen Diversified Income and Growth bailed out by narrowing discount
Aberdeen Diversified Income and Growth bailed out by narrowing discount – Aberdeen Diversified Income & Growth has published results for the year ended 30 September 2018. Over the period, the NAV rose 2.5% on a total return basis. Fortunately, however, the shares moved from a 3.1% discount to a 3.2% premium. The share price ended the year […]
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17 Jan 2018 2 min read
Aberdeen Diversified Income & Growth makes 3.7% in first six months
Aberdeen Diversified Income & Growth makes 3.7% in first six months – Aberdeen Diversified Income and Growth Trust has reported on the year to 30 September 2017. This period covers just a few months of its new investment objective and policy (which was approved by shareholders on 30 March 2017). The highlights are: net asset […]
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23 May 2017 1 min read
Investment Trust Insider on Aberdeen Diversified Income & Growth
Aberdeen Diversified Income & Growth (ADIG) the reincarnation of BlackRock Income Strategies, is now up and running. As yet, although the discount has narrowed a little since launch (currently 7%), there appears to be some way to go before ADIG is ranked alongside competitors such as Personal Assets (PNL), Ruffer (RICA) and Seneca Global Income […]
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14 Feb 2017 1 min read
Aberdeen Diversified Income & Growth publishes discount control policy
Proposed discount control management policy In view of the proposed changes to Aberdeen Diversified Income & Growth (formerly BlackRock Income Strategies) as announced on 30 November 2016, and following further consultation with many shareholders, the Board has given detailed consideration to the appropriate discount control mechanism for the company following the implementation of the proposals. […]
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07 Feb 2017 1 min read
All trust sectors bar one made money in ’16
UK Smaller Companies was the only investment sector to lose money in 2016 despite a turbulent political and economic landscape, new research has revealed. See more here
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27 Jan 2017 1 min read
BlackRock Income Strategies looks to the future
BlackRock Income Strategies has published results for the year ended 30 September 2016. It recorded a 0.4% loss for investors on an NAV basis and a 10.2% loss to shareholders based on the share price. The dividend was unchanged at 6.54p. These returns are disappointing in the context of the fund’s investment objective but the […]
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30 Nov 2016 6 min read
BlackRock Income Strategies and Aberdeen UK Tracker to merge
The Board of BlackRock Income Strategies has completed its strategic review and has agreed heads of terms with Aberdeen Asset Management and Aberdeen UK Tracker Trust (AUKT) to propose the following changes: Appointing Aberdeen’s Diversified Multi-Asset team, with Mike Brooks and Tony Foster as new lead portfolio managers; Significantly enlarging the company by a merger with AUKT; renaming the newly combined […]
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29 Sep 2016 1 min read
BlackRock Income Strategies announces strategic review
Further to the announcement dated 1 August 2016 of a review into the investment objective and policy, BlackRock Income Strategies’ Board has considered a number of factors. These include the performance of the investment portfolio, the cost of the company’s debt, the cost of paying the dividend and its discount management policy. The Board has now decided to […]
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02 Aug 2016 1 min read
BlackRock Income Strategies reviewing investment policy
The Board of BlackRock Income Strategies and the Investment Manager have been considering the company’s investment objective and policy as implemented in February 2015 in the context of the prevailing market conditions and investment outlook post the recent UK Brexit Referendum. The investment objective is, over the medium term (5 to 7 years), to aim […]
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14 Jun 2016 2 min read
BlackRock Income Strategies performance disappointing, discount widens
BlackRock Income Strategies says the six months to 31 March proved to be a challenging period for it and its resulting investment performance has been disappointing. The NAV fell by 0.9% over the period under review and the share price fell by 4.8%. Since the period end, the Company’s cum income NAV (with debt at fair value) […]
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12 Jan 2016 1 min read
The smoother ride of a multi-asset approach
When buying investment companies, usually the risks and rewards come primarily from investing in a single asset class, and most investment companies invest in equities. However, some employ what is called a multi-asset approach, which involves making investments in a range of different asset classes in addition to equities, such as fixed income, property and […]
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03 Dec 2015 3 min read
BlackRock Income Strategies reflects on a year of change
BlackRock Income Strategies has announced its final results for the year ended 30 September 2015. The period was one that a saw a number of key developments for the trust. A new multi-strategy investment policy was adopted, investment management responsibility was moved from F&C to BlackRock, a nil discount policy was adopted, a tender mechanism […]
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27 May 2015 1 min read
Slow start for BlackRock Income Strategies
Over the six months to the end of March 2015 BlackRock Income Strategies generated a 0.5% return on net assets and on its share price. It declared dividends totalling 3.17p for the period – up 5.1% on the equivalent period last year but earned 15% less income so these dividends were not covered by earnings. These […]
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30 Oct 2014 2 min read
British Assets moves to BlackRock
BSET : British Assets moves to BlackRock British Assets Trust has announced that, following a review by the Board, it will move its management contract from F&C to BlackRock. At the same time shareholders will be asked to vote in favour of the adoption of a new investment objective and policy for the fund. They […]
