Register Log-in Investor Type

In the Press

Filters
Type
Sectors
Geography
Companies

Sign up for our free
equity research notes

Register
987 Results
Embed
Custodian ‘disappointed’ as Abrdn Property bid fails to gain 75% support

GAVIN LUMSDEN, Citywire Investment Trust Insider The bid by Custodian Property Income (CREI) for Abrdn Property Income (API) has failed to gain the required 75% support of API shares meaning fund manager Abrdn will retain the £300m portfolio in a managed wind-down likely to last about two years. David MacLellan, chair of CREI, said he […]

Investment Trust Insider on Perpetual Income and Growth
abrdn Property Income to enter managed wind-down after Custodian merger vote fails

Eve Maddock-Jones, Investment Week, 28 March 2024: The proposed merger between abrdn Property Income (API) and Custodian Property Income REIT (CREI) has been voted down by shareholders, triggering the trust to enter a managed wind-down as a result. API held two series of meetings where shareholders voted on the motion on Wednesday (27 March), its […]

Biotech trusts top performance charts in February
Riverstone: Tender some shares in this rapidly recovering energy fund

Gavin Lumsden, Citywire Investment Trust Insider, 21 Mar 2024: This article was published in the Telegraph earlier today. If shareholders have learned anything about Riverstone Energy (RSE) during its volatile 10 years, it is perhaps to take profits where you can in a fund investing on both sides of the energy transition. But what do […]

Investment Trust Insider on Perpetual Income and Growth
Questor: These investors face an urgent dilemma – this is what they should do

Gavin Lumsden, Daily Telegraph, 20 March 2024: If shareholders have learned anything during a volatile 10 years about Riverstone Energy, a fund investing on both sides of the energy transition, it is to take profits when you can. But what do you do when the investment company offers to buy back your shares for 31pc […]

Ex-Laxey activist pops up at Abrdn Property to demand wind-down

Michelle McGagh, Citywire Investment Trust Insider, 21 Mar 2024: Andrew Pegge, a former Laxey Partners activist, has urged Abrdn Property Income (API) to scrap plans for a highly discounted all-share merger with Custodian Property Income (CREI) and opt for a managed wind-down that he says will deliver a better result for shareholders. Pegge, a former […]

Investment Trust Insider on Perpetual Income and Growth
abrdn Property Income board backs CREI merger over ‘uncertain’ wind-down

James Baxter-Derrington, Investment Week, 21 March 2024: The board of abrdn Property Income (API) has reiterated its unanimous recommendation of the proposed all-share merger with Custodian Property Income REIT (CREI), arguing net asset disposals conducted in a managed wind-down would achieve lower prices than a selective portfolio sale post-merger. In a regulatory filing today (21 […]

Biotech trusts top performance charts in February
API asset sale ‘casts doubt’ on merits of Custodian merger

Christian Mayes, PORTFOLIO ADVISER, 20 MARCH 2024: Abrdn Property Income Trust’s (API) sale of two assets at book value ‘casts doubt’ on the merits of its proposed merger with Custodian, according to QuotedData analysts. In a stock exchange announcement this morning (20 March), the trust announced the sale of two properties for a combined £16.6m, […]

abrdn Property Income sells two assets for £16.5m as Custodian shareholders vote in favour of merger

Cristian Angeloni, Investment Week, 20 March 2024: abrdn Property Income (API) trust has agreed the sale of two of its assets for a total price of £16.5m – a 0.3% discount to the December 2023 valuation. In a stock exchange filing today (20 March), API said contracts have been exchanged for the sale of 15 […]

Biotech trusts top performance charts in February
Have investment trust dividend cuts created bargains?

by Dave Baxter, Investors Chronicle, March 19, 2024: While far from universally popular among investors, dividend cuts can sometimes be a blessing in disguise. They can drive share prices down to attractive levels while also allowing companies to put cash to better use. This is a premise that can feed into how some funds are […]

Biotech trust Trump benefit may be shortlived
Investment trust insider on JPMorgan Indian

Investment trust insider on JPMorgan Indian – James Carthew: JPMorgan Indian off the boil as India reaches melting point Last month’s comfortably passed continuation vote belies years of underperformance by this trust. Its two mid-cap rivals look better even if India’s financial regulator worries about hot money. When I last wrote about India in October […]

the citywire investment trust insider logo

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…