Shareholders in the troubled Invesco Property Income trust have been told they are likely to lose their entire investment after it was suspended pending an effective firesale of its assets.
In a stark warning to investors, the trust's board said in a statement it was being forced to sell-off its assets to repay debtors sooner than expected, with shareholders likely to receive nothing back....
Expected by Q2 2021
To list on 1 December
Rolls-Royce to cut 9,000 jobs
Data live from December
'No stone will be left unturned by regulators'
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
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