Investment Trust
Monks Laments 'bruising' Underperformance Period As Managers Reposition Portfolio
Markets - Published date: .
The Monks investment trust has lamented a “bruising period” of underperformance, as the managers seek to repositio... Read more
AVI To Launch UCITS Versions Of Global And Japan Opportunity Investment Trusts
Markets - Published date: .
Asset Value Investors is set to launch UCITS versions of its Global and Japanese equity strategies in the first quarte... Read more
Hipgnosis Music Limited Takes SONG And Mercuriadis To High Court
Markets - Published date: .
Merck Mercuriadis, founder of Hipgnosis Songs Fund (SONG), SONG’s investment adviser, and SONG itself have been serv... Read more
US Solar Fund Appoints Manager After Shareholders Pass New Investment Policy
Markets - Published date: .
The US Solar Fund has appointed Amber Infrastructure Investment Advisor as its new investment manager, after sharehold... Read more
Baillie Gifford European Growth Lags Benchmark As Core Holding Sells Off
Markets - Published date: .
The Baillie Gifford European Growth trust has significantly underperformed its benchmark over the last year, according... Read more
AIC Sets Out Proposals To Address Investment Trust Cost Disclosure Concerns
Markets - Published date: .
The Association of Investment Companies has put forward a proposal to address concerns about the current investment tr... Read more
European Opportunities Passes Continuation Vote In Face Of Shareholder Opposition
Markets - Published date: .
The embattled European Opportunities trust has successfully passed its continuation vote at its annual general meeting... Read more
Asia Dragon Assets Swell By Over £200m Following Abrdn New Dawn Merger
Markets - Published date: .
Asia Dragon (DGN) trust has seen its total assets grow by £214.7m following its merger with abrdn New Dawn (ABD). Read more
Digital 9 Infrastructure Weighs Divestment From Crown Jewel Verne Global
Markets - Published date: .
The board of Digital 9 Infrastructure (DGI9) is considering divesting its entire stake in Verne Global, following a sh... Read more
Abrdn Asia Focus Manager Hugh Young To Retire After 43 Years
Markets - Published date: .
The manager of the abrdn Asia Focus (AAS) trust, Hugh Young, is set to retire at the end of this year, with analysts n... Read more
Octopus Titan VCT Embarks On £200m Fundraise
Markets - Published date: .
The Octopus Titan VCT has opened a £200m fundraise, targeting £125m initially and £75m allocated for overallotment.... Read more
Hipgnosis Songs Chair Andrew Sutch To Step Down As Managers Given Ultimatum
Markets - Published date: .
Hipgnosis Songs (SONG) chair Andrew Sutch is set to step down as chair and member of the board, as the investment mana... Read more
Home REIT Proposes Investment Policy Overhaul As Rent Collection Falls To 7%
Markets - Published date: .
Home REIT has scheduled a general meeting for 21 August 2023 in order to allow shareholders to vote on a raft of chang... Read more
Industrials REIT Shareholders Approve Blackstone Acquisition
Markets - Published date: .
The shareholders of Industrials REIT have approved the acquisition of the trust by Blackstone’s Bidco. Read more
Private Equity Trusts Under Threat As Discounts Continue To Widen
Markets - Published date: .
Private equity trusts could be facing a wave of takeovers from hostile investors as their average discount to NAV has ... Read more
Liontrust Slams Home REIT Over 'serious Shortcomings' And Weighs Investor Action
Markets - Published date: .
Liontrust Asset Management, one of the largest shareholders of the embattled Home REIT investment trust, has slammed t... Read more
Tata Power Considering A $473-million IPO For Its Renewable Energy Unit
Banking - Published date: .
The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investm... Read more
Woodford Confident Changing Investment Backdrop Will Bolster Poorly-performing Funds
Markets - Published date: .
Neil Woodford has outlined normalising valuations and improving fundamentals in the UK as two themes he expects to unfo... Read more