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....
What made financial headlines over the weekend?
Compared to 6% of 55-64 years olds
Sam Gold and Doug Abbott to take reins
Bionic advice for private clients