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abrdn Diversified Income & Growth PLC on Friday said the global economic landscape has been marked by ‘significant geopolitical and economic shifts’, as it reported progress with the managed wind down of the trust. The Edinburgh-based investor across asset classes said its net asset value per share total return for the six months ended March 31 was 4.4%. NAV per ordinary share rose 1.4% to 68.42 pence at March 31 from 67.48p at September 30, with its share price rising 8.1% to 68.42p from 67.48p. Its discount to NAV narrowed to 29.7% from 34.1%. Shares in the trust were up 2.0% to 46.12p on Friday afternoon in London. abrdn Diversified said ‘the global economic landscape has been marked by significant geopolitical and economic shifts’ over the trading period, with this dominated by policy change in the US. It also updated on the progress with its managed wind down, which was approved by shareholders back in February last year. abrdn Diversified said that Campbell Lutyens has been appointed interim broker to the market for its remaining portfolio of private market assets, pursuant to a secondary sales process. The trust commented that, upon review, a secondary sales process presents the optimal opportunity to maximise the value of its investments whilst progressively giving cash back to holders in a timely fashion. ‘While the board and Campbell Lutyens intend to obtain indicative pricing from potential purchasers over the coming months, there can be no certainty as to the precise quantum or timing for the completion of any realisations or returns of capital arising out of the secondary sales process at this time,’ said the trust. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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