Media investment plan by Radiotrust

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Radiotrust, managed by Aberdeen Asset Management, is to change its investment remit and its capital ...

Radiotrust, managed by Aberdeen Asset Management, is to change its investment remit and its capital structure. The trust, managed by Andrew Elder, invests predominantly in quoted and unquoted shares in UK and overseas companies involved in sound broadcasting. It has proposed widening its investment universe so it can invest in a range of companies within the media industry in general and including, when relevant, some companies within the telecommunications and technology sectors. The main reason behind the change in remit is the consolidation which has taken place in the radio industry ...

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