tiprankstipranks
Trending News
More News >

UBS Reduces Stake in Abrdn Property Income Trust

Story Highlights
  • UBS Group AG has reduced its holdings in Abrdn Property Income Trust Ltd to below 5%.
  • This reduction exempts UBS’s holdings from reporting requirements, indicating a strategic portfolio adjustment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
UBS Reduces Stake in Abrdn Property Income Trust

Confident Investing Starts Here:

Standard Life Investments Property Income ( (GB:API) ) just unveiled an announcement.

UBS Group AG, a major player in investment banking and global wealth management, has reduced its holdings in Abrdn Property Income Trust Ltd, a non-UK issuer, to below 5%. This change means UBS’s holdings are now exempt from reporting requirements, reflecting a strategic adjustment in their investment portfolio.

More about Standard Life Investments Property Income

Average Trading Volume: 1,495,304

Technical Sentiment Signal: Sell

Current Market Cap: £20.59M

For a thorough assessment of API stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1