STS Global Income & Growth Trust says its share price return for the year ended 31 March 2026 was -2.5%, behind the return from the Lipper Global – Equity Global Income Index of 13.5%. The net asset value total return was -4.6%. The chair Sarah Harvey says “This represents a material shortfall and is disappointing”. […]
Caledonia Investments reports that its NAV total return for the 12 months ended 31 March 2026 was 5.4%. The dividend has been increased to 7.68p from 7.38p (+4.1%). Both figures are ahead of inflation of 3.4%. The dividend increase is for the 59th year in a row and the dividend was fully covered by net […]
There is a changing of the guard at Caledonia Investments (CLDN) as Will Wyatt steps up as chairman to replace David Stewart, and The Hon Charles Cayzer steps down from the board after 41 years. Will is a member of the Cayzer family that owns around half of the trust. He was also its chief […]
The UK Government won its fight to get its Pensions Bill through Parliament last night. However, the House of Lords extracted a number of concessions, which included allowing pension funds to use investment companies as a way of getting access to private assets. You may remember that I wrote about this in March. The main […]
Get Savvy – get rich slowly The government-backed campaign to get savers investing for the future was launched today, fronted by “Savvy the Squirrel”. There is a fair bit of scepticism about its likely impact but the intention is good at least. One thing that I worry about is that too many people equate investing […]
Shareholders in Impax Environmental Markets (IEM) have overwhelmingly approved its proposed exit tender offer with 99.97% of those voting at the general meeting today in favour of the proposal, which will now go ahead. The turnout was surprisingly low for such an important question, with just 46.1% of IEM’s shares voted. That suggests to us […]
After the success that the investment companies industry has had with persuading government to fix the misleading cost disclosure problem, the current fight is to ensure that the new Pensions Schemes Bill going through parliament doesn’t block pension funds from buying investment companies. This issue relates to the Mansion House Accord. In May 2025, 17 […]
Over six months have passed since Cherry Reynard wrote about the biotech and healthcare sector for us in this article – The biotech bust: a case study in hype, hubris but now hope. The period since then has been an eventful one. The table below, which uses data as at the close of play on […]
On 5 January 2026, Ben Rogoff and Alastair Unwin, managers of Polar Capital Technology (PCT), published a think piece entitled “2026: The year AI’s impact becomes impossible to ignore”. It looks as though they were right. AI had been talked about for decades, but it was the release of ChatGPT4 in March 2023 that lit […]
Oakley Capital Origin II – a fund that Oakley Capital Investments (OCI) has backed – is making a controlling investment in Athena Racing, the company behind Britain’s America’s Cup team. Athena Racing was founded by Sir Ben Ainslie. He is staying on, with a focus on governance and commercial development, while continuing to support its […]
