Residential Secure Income PLC - real estate investment trust, focused on retirement living and shared ownership homes - Changes its alternative investment fund manager to Gresham House Asset Management Ltd from ReSI Capital Management Ltd. Both companies are wholly-owned subsidiaries of Gresham House PLC. Says the change arises as a result of "a rationalisation of regulatory permissions within Gresham House PLC group and will have no impact on the day-to-day management of [Residential Secure]'s portfolio as the current team will continue to manage its assets".
Current stock price: 60.00 pence, up 1.4%
12-month change: down 44%
By Greg Rosenvinge, Alliance News reporter
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Residential Sec (RESI)