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Change of manager

29 Jul 2024 13:56

RNS Number : 2496Y
North American Income Trust (The)
29 July 2024
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NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THE JURISDICTION.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATON FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED. ON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

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29 July 2024

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The North American Income Trust Plc

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Update on Investment Management Arrangements

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Further to the announcement on 9 May 2024, the Board is pleased to announce that the North American Income Trust (the "Company") has appointed Janus Henderson Fund Management UK Limited as its new AIFM and Investment Manager with effect from 1 August 2024.

Jeremiah Buckley will be appointed as portfolio manager of the Company on 1 August 2024. Fran Radano, who was portfolio manager of the North American Income Trust at abrdn, will join Janus Henderson and is expected to become co-manager of the Company alongside Jeremiah in November 2024.

Jeremiah Buckley is a portfolio manager in Janus Henderson's US equities team and is based in its Denver office. He currently manages a series of US equity focused strategies including Growth & Income and Dividend Income strategies. He has 26 years' experience in financial services as both a research analyst and, for the past 8 years, as a portfolio manager.

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Enquiries/Contact

The North American Income Trust Plc

Contact via Winterflood Securities

Charles Park, Chair

Winterflood Securities

+44(0) 20 3100 0000

Joe Winkley

Neil Morgan

Haris Khawaja

Janus Henderson Investors

Dan Howe, Head of Investment Trusts

+44(0) 20 7818 4458

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For media enquiries:

Harriet Hall, PR Director

harriet.hall@janushenderson.com

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Legal Entity Identifier: 5493007GCUW7G2BKY360

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