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IN BRIEF: TwentyFour Asset Management Co-Founder Kirk to step back

ALN

Twentyfour Income Fund Ltd and TwentyFour Select Monthly Income Fund Ltd - closed-ended funds which target less-liquid, higher-yielding asset-backed securities - Note that TwentyFour Asset Management, portfolio manager of the companies, announces that co-founder Gary Kirk will leave his managerial role in September. He will transition to an advisory role at the firm. Kirk has co-managed the Multi Sector Bond investment team and has managed the two funds since launch.

Current Twentyfour Income Fund stock price: 101.55 pence

12-month change: down 5.1%

Current Twentyfour Income Select Monthly Fund stock price: 72.40p

12-month change: down 14%

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