BMO loses Acorn Income Investment Trust

The board of the Acorn Income investment trust is to consider other managers after a backlash from shareholders, having previously appointed BMO Global Asset Management to replace Premier and Unicorn Asset Management in May 2021.  The Annual General Meeting and the Extraordinary General Meeting originally scheduled for August have been cancelled as a result, with a further announcement promised by the board by mid-September.

12th August, 2021