Shires Income: Chairman’s statement
In his first statement to shareholders, Chairman Robin Archibald comments on the trust's recent performance, portfolio activity, and macroeconomic outlook.
Iain Pyle, Manager of Shires Income, discusses the challenges of responding to major events like the UK Budget and US election, highlighting how markets initially react broadly before adjusting more rationally over time.
Watch the latest quarterly update video with Shires Income plc manager Iain Pyle for an update on recent performance, key portfolio changes and future themes for the trust.
The Company’s investment objective is to provide shareholders with a high level of income, together with the potential for growth of both income and capital from a diversified portfolio substantially invested in UK equities but also in preference shares, convertibles and other fixed income securities.
Investment managers Iain Pyle and Charles Luke have managed Shires Income since May 2018, following the quality focussed process and philosophy of the 15 strong UK equities team at abrdn (one of the best resourced UK equity teams in the industry).
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.
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