Aberdeen Equity Income (AEI) was launched in 1991. It was initially managed by Morgan Grenfell/Deutsche Bank, but has been part of the Standard Life/Aberdeen stable since 2005, with Thomas Moore acting as its lead manager since late 2011. AEI has typically been one of the higher-yielding trusts in the UK Equity Income sector, and it is classed as a Dividend Hero by the AIC. Since Moore was appointed, it has returned around 8.3% a year in NAV terms, versus 8.9% a year for the All-Share. In early 2026, AEI completed a merger with its Aberdeen stablemate, Shires Income, with Iain Pyle becoming co...