STOCK WATCH

A merger is afoot for the Dunedin Smaller Companies Investment Trust, after it announced yesterday it would combine with the Standard Life UK Smaller Companies Trust.

Investors in the Dunedin fund will get access to a broader range of companies, such as Fever-Tree, which the Standard Life fund has invested in, and its increased size should also make it easier for investors to buy and sell their shares.

The Dunedin trust’s shares ended the day up 7.9pc, or 22.5p, at 308p.