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IN BRIEF: RM Secured Direct to change name and investment strategy
Wed, 12th May 2021 15:29
RM Secured Direct Lending PLC - closed-ended investment trust - Plans to change name to RM Social & Environmental Infrastructure Income PLC to match revised investment strategy.
Company is making required filings at Registrar of Company to effect the name change, but expects a delay in Companies House.
All new lending is to be allocated to Social & Environmental Infrastructure assets across six target sectors: Accommodation, Healthcare, Childcare & Education, Clean Energy & Renewables, Waste Management and Energy Efficiency & Carbon Reduction.
Looking ahead, investment manager believes that over 50% of portfolio will be invested in the target sectors by the end of 2021.
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IT is ten years since Rangers last tasted title glory as Walter Smith’s side famously won the league in seven minutes against Kilmarnock. Nobody that was at Rugby Park for the crowning moment or at Ibrox for the celebrations that followed could have imagined what would unfold in the seasons to come. From the depths of the Third Division, Rangers have now scaled the summit of the Premiership. It was christened as ‘The Journey’ and those seasons have been amongst the most remarkable in the club’s history. Here, Herald and Times Sport looks back on each campaign as Rangers made their way back through the divisions and faltered in the top flight before finally emerging victorious under the guidance of Steven Gerrard.