Investment trust insider on Impax Environmental Markets – James Carthew: why no environmental rival for Impax? A couple of weeks ago I highlighted the attractions of Home (HOME) real estate investment. I was pleased to see it raised £240m in its flotation and I hope it will end up being a lot bigger in a few years’ time. Shares in Home Reit started […]
Gabelli Value Plus+ faces litigation threat as liquidation row rumbles on Board sets out further consultation period to 14 October Ellie Duncan, Investment Week, 06 October 2020 In an update today (6 October) the board said it has initiated a further period of shareholder consultation which it said was “regrettably, partly in response” to the […]
Investment trust insider on Asian technology – James Carthew: there’s a lot of Asia tech we’re missing I met Mark Sheppard, the fund manager and leading shareholder of Manchester & London (MNL), last week. He was adamant that it was madness that most UK investors’ portfolios were very underweight US technology stocks and had next to […]
Should you face the music over dividend cuts and dip into capital? It’s seen as taboo – but some experts say now may be the time to break the golden rule By ANNE ASHWORTH FOR THE DAILY MAIL PUBLISHED: 21:51, 2 October 2020 | UPDATED: 13:26, 4 October 2020 These are dispiriting days for those needing a decent income from […]
Spate of contrarian investment trust IPOs after coronavirus drought stuns investors By Jessica Tasman-Jones, 30 Sep 20 Half of the total £900m being targeted is in out-of-favour UK equities A spate of investment trust IPOs after a six-month drought induced by the coronavirus outbreak and lockdown has surprised investors due to the dominance of products in […]
Investment trust insider on manager change at Temple Bar – James Carthew: Temple Bar board good value, even if investors want style change There is a lot resting on the decision of Temple Bar (TMPL) to appoint another value fund manager – RWC Partners – to replace Alastair Mundy. Shareholders in the UK equity income trust […]
ACG ‘frustrating shareholders’ wishes’ after blocking Gabelli Value Plus+ liquidation vote Investors want their money back Shareholders in Gabelli Value Plus+ (GVP) continue to hold out hope for a solution on the future of the trust, after criticising its majority shareholder Associated Capital Group (ACG) for frustrating their wishes by blocking a proposed liquidation vote. […]
How three investment-trust revamps are faring by Jennifer Hill from interactive investor | 24th September 2020 10:01 Although it is early days, we have analysed how three investment-trust revamps are faring, and have asked analysts how optimistic they feel about the outlook. Schroder UK Public Private Trust When Neil Woodford launched Woodford Patient Capital in April 2015 to invest primarily in unquoted companies […]
Temple Bar applauded for sticking with value as Alastair Mundy exits and RWC takes over By Jessica Tasman-Jones, 23 Sep 20 Ninety One reportedly had high hopes of keeping mandate despite star manager leaving for teaching career The board of the Temple Bar investment trust have been applauded for sticking with unloved value as it hands […]
Hipgnosis Songs Fund to raise over £250m By Mary McDougall, Investors Chronicle, 22 September 2020 Hipgnosis Songs Fund (SONG), which invests mainly in music royalties, has unveiled another share placing to raise over £250 million from institutional and private investors as the investment trust continues its rapid expansion. The shares are being issued at 116p – a 7.9 per cent […]
