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Standard Life Investments Property Income ( (GB:API) ) has issued an announcement.
UBS Group AG, through its Investment Bank & Global Wealth Management division, has reduced its holdings in Abrdn Property Income Trust Ltd to below 5%, which exempts it from further reporting obligations. This change in holdings indicates a strategic shift in UBS’s investment approach towards Abrdn Property Income Trust, potentially impacting the trust’s market perception and stakeholder interests.
More about Standard Life Investments Property Income
YTD Price Performance: -16.81%
Average Trading Volume: 1,731,203
Technical Sentiment Signal: Sell
Current Market Cap: £21.88M
For a thorough assessment of API stock, go to TipRanks’ Stock Analysis page.
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