abrdn to pour six months' worth of management fees into UK investment trust range

Subject to regulations and obligations, the asset manager said it expects that the total amount invested will exceed £30m, and that investments will be made as and when the relevant management fees are received. The average investment trust discount hit 16.9% at the end of October, a level not seen since the Global Financial Crisis, according to the Association of Investment Companies. Although the average discount has narrowed to 12.3% as of 30 November, abrdn said headwinds remain for the sector.  abrdn China to merge with Fidelity China Special Situations Christian Pittard, abrd...