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Aberdeen: how we will revive BlackRock Income

BlackRock Income Strategies Trust (BIST), formerly known as British Assets, has endured a turbulent few years and poor long-term performance. Last month its board sacked BlackRock after 20 months in charge and appointed Aberdeen Asset Management to run the £280 million global portfolio, which it intends to merge with the Aberdeen UK Tracker Trust (AUKT) and rename Aberdeen Diversified Income and Growth (ADIGT).

In this video interview fund managers Mike Brooks and Tony Foster talk about the future investment policy for the investment trust and how it will compare with their Aberdeen Diversified Growth fund.

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