Merger of Shires and Aberdeen Smaller Companies.
Posted: October 19th, 2023, 12:13 pm
It is proposed to merge Shires SHRS with the underperforming Aberdeen Smaller Companies ASCI.
Same managers, economies of scale blah blah blah.
These mergers often strike me as a means of obfuscating past poor performance, which I find really irritating, and as far as I can see there is nothing in this for Shires holders.
I hold Shires for their exposure to FI, but looking at their top holdings they are mostly equity, much of which I hold, and their FI is all vanilla stuff I can and do buy myself, so I shall jump ship and leave them to it.
V8
Same managers, economies of scale blah blah blah.
These mergers often strike me as a means of obfuscating past poor performance, which I find really irritating, and as far as I can see there is nothing in this for Shires holders.
I hold Shires for their exposure to FI, but looking at their top holdings they are mostly equity, much of which I hold, and their FI is all vanilla stuff I can and do buy myself, so I shall jump ship and leave them to it.
V8