2nd Jul 2014 09:36
LONDON (Alliance News) - UK Commercial Property Trust Ltd said Wednesday that it had consented to the change of control of its investment manager, Ignis Investment Services Ltd, following the acquisition of Ignis Asset Management Ltd by Standard Life Investments Ltd.
The company said that after discussions with Standard Life, it has confirmed that the team involved with the management and administration of its company will be retained.
Shares in UK Commercial Property Trust were trading up 0.1% at 81.79 pence Wednesday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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