Perpetual Income and Growth Investment Trust plc announced that, as part of the Transaction, it has entered into an agreement with MUT’s investment manager, Aberdeen Standard Investments, whereby Aberdeen Standard Investments via Aberdeen Asset Managers Limited will advise the Company on its portfolio realignment and transition plan. The agreement is effective from 8 October 2020 and will enable the Company to manage the realignment of the Company’s portfolio ahead of the scheme of reconstruction being implemented and its transition to MUT. Aberdeen Standard Investments will not receive a fee from the Company for its advisory services, and Invesco Fund Managers Limited will remain the Company’s alternative investment fund manager until the Company enters liquidation.