abrdn Diversified Income and Growth

What abrdn Diversified Income and Growth does

abrdn Diversified Income and Growth plc was a UK-listed closed-end investment trust that provided retail investors with diversified exposure to private market assets and secondary fund investments. The trust was managed by abrdn Investments Limited (the Alternative Investment Fund Manager, authorised and regulated by the Financial Conduct Authority), with operations also supported by abrdn Fund Managers Limited under the UK AIFMD regime. The trust's stated functional purpose was to deliver income and growth through a professionally managed multi-asset portfolio, with securities structured to qualify under FCA non-mainstream pooled investment product (NMPI) rules so that financial advisers could recommend them to ordinary retail investors.

Distribution was conducted through two primary channels: secondary-market trading on the London Stock Exchange under ticker ADIG, and recommendation by financial advisers to retail investors under FCA NMPI guidance. The trust did not operate proprietary technology, software products, or AI systems; its core deliverable was portfolio exposure. Remaining private market holdings at the time of liquidation announcement consisted of Bonaccord, Andrean SIF, and PIMCO PIF, alongside already-disposed assets totalling £13.8m and a conditional additional sale of £13.3m.

The trust is no longer operating as an active investment vehicle. Following a wind-down initiated in February 2024, shareholders approved a special resolution on 30 March 2026 placing the company into Members' Voluntary Liquidation under the Insolvency Act 1986. Shares were suspended from the London Stock Exchange on the same date, and Derek Neil Hyslop and Richard Peter Barker of Ernst & Young LLP were appointed as Joint Liquidators to administer the run-off, distribute proceeds (with the first distribution scheduled for 5 May 2026), and exit the remaining portfolio holdings by year-end 2026.

Name

abrdn Diversified Income and Growth

Legal name

abrdn Diversified Income and Growth plc

Website

https://abrdndiversified.co.uk

Company type

Public

Operating status

Closed

Short description

abrdn Diversified Income and Growth plc was a UK-listed investment trust providing retail investors diversified exposure to private market assets and secondary funds, managed by abrdn Investments Limited. Placed into Members' Voluntary Liquidation on 30 March 2026 following shareholder approval.

Ownership category

akta.pro rank

Product category

Closed-end Investment Trust

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Markets Fund of Funds (PE / VC / Private Credit FoF) (FSAHAKAF)

akta.pro secondary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

Keywords

• Closed-end investment trust
• Multi-asset investing
• Private market investments
• Retail investment funds
• Investment trust management

Headquarters

HQ city

Edinburgh

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Investment Portfolio Returns: The trust generated returns through a diversified portfolio of private market assets and secondary fund investments. Following shareholder approval of voluntary liquidation in March 2026, the trust is being wound down with distributions to shareholders from asset sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

abrdn Diversified Income and Growth plc was a London Stock Exchange-listed closed-end investment trust that pooled shareholder capital and invested across diversified private market assets and secondary fund investments to provide income and growth returns. The trust was managed by abrdn Investments Limited as its Alternative Investment Fund Manager under UK AIFMD regulations and was structured as a non-mainstream pooled investment product eligible for recommendation by financial advisers to ordinary retail investors. Following shareholder approval in March 2026, the company entered Members' Voluntary Liquidation and the remaining portfolio holdings are being exited.

Product overview

abrdn Diversified Income and Growth plc is a single investment trust product that was structured as a diversified vehicle for private market investments and secondary fund exposures. The company operated as a closed-end investment trust listed on the London Stock Exchange, with its affairs managed under UK AIFMD regulations by abrdn Investments Limited as the Alternative Investment Fund Manager. The trust is currently in the process of winding down through a Members' Voluntary Liquidation, having already sold £13.8m of private assets with a conditional agreement for an additional £13.3m sale, and is expected to complete final exits of its three remaining private market holdings (Bonaccord, Andrean SIF, and PIMCO PIF) by year-end.

Differentiator

Problem solved

Functional benefit

Products and services

• abrdn Diversified Income and Growth plc

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Computershare Investor Services PLCminorOthers · 30 March 2026Appointed as the company's registrar to handle shareholding enquiries, based in Bristol, UK.

Scale indicators4 records

Recent moves6 records

Expansion highlights1 record

Direct peers

• RIT Capital Partners: One of the largest UK-listed diversified investment trusts with a multi-asset mandate including private market exposure. Directly comparable in structure (closed-end LSE-listed trust) and strategy (diversified income/growth with private assets).
• Capital Gearing Trust: UK closed-end investment trust employing a multi-asset, capital-preservation-oriented strategy accessible to retail investors. Comparable in trust structure, LSE listing, and the adviser-distribution route under FCA NMPI rules.
• Alliance Trust: Long-established UK-listed diversified investment trust with global multi-asset exposure. Comparable as a closed-end diversified vehicle marketed to retail investors via financial advisers.
• Personal Assets Trust: UK-listed investment trust focused on multi-asset diversified investing for individual investors via financial adviser distribution. Closely comparable vehicle structure and retail-investor targeting via the same FCA NMPI regulatory framework.
• Troy Income & Growth Trust: UK-listed investment trust combining income and growth from a multi-asset portfolio, distributed via advisers to retail investors. Comparable mandate framing (income + growth) and closed-end LSE structure.
• Hansa Investment Company: London-listed investment company running a global, multi-asset strategy for retail and advised investors. Comparable closed-end structure and broad-asset mandate serving individual savers through advisers.
• Henderson Diversified Income Trust: LSE-listed closed-end trust targeting diversified income with multi-asset exposure. Nearest direct peer by mandate, retail distribution approach, and reliance on FCA rules for non-mainstream pooled investment products.

Broad incumbents

• Bankers Investment Trust: One of the oldest and largest UK diversified investment trusts, run on a global multi-asset mandate. A broader incumbent peer in the same diversified-LSE-trust category, but with materially greater scale than ADIG.
• Murray Income Trust: UK-listed investment trust also managed by abrdn with an income-oriented mandate. Sister fund under the same AIFM - directly comparable for manager, regulatory, and distribution characteristics but with a different portfolio focus.
• Caledonia Investments: Large UK-listed diversified investment trust with global equity and private investment exposure. Comparable in structure and multi-asset mandate but significantly larger and more diversified than ADIG.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about abrdn Diversified Income and Growth