Ocean Dial Asset Management’s India Capital Growth fund has raised £22.8m following the expiration of its subscription shares issued on a ‘one for two’ basis in August 2014. read more here
Research by closed-ended funds analysts QuotedData has revealed the median discount throughout the entire investment company sector more than doubled in the 12 months to the end of June. read more here
More than half of the 10 investment trusts that became least expensive relative to their net asset value (NAV) over the second quarter (Q2) are related to property, according to fund research company QuotedData. Read more here
Despite a limited number of new issues, fundraising was prevalent in the investment company sector during Q2, with 3i Infrastructure topping the table having raised £385m, according to QuotedData. Read more here
The outlook for dividends has brightened following sterling’s steep decline since last month’s Brexit vote, but there are still big challenges for income investors to navigate. Read more here
LONDON (Alliance News) – Golden Prospect Precious Metals Ltd was the standout winner among listed investments funds in June, according to research from QuotedData, as funds focused on UK investments lost out amid the volatility which followed the UK’s vote to leave the European Union. Read the rest of the article here
The best performing trusts in Q2 focused on commodities and natural resources, Vietnam and Latin America, according to QuotedData. See more here
Investment Week – Investors eye beaten-up property sector: Investors are starting to hone in on attractive entry points into the beleaguered property sector, especially among more specialist and less-London centric closed-ended vehicles, after a “savage de-rating” following the Brexit vote and a raft of open-ended fund suspensions. James Carthew, director of research at QuotedData says […]
LONDON (Alliance News) – British & American Investment Trust PLC, Biotech Growth Trust PLC, and International Biotechnology Trust PLC were among the best-performing London-listed investment companies in May, according to research firm QuotedData, which said there was a “small rally” in the biotech and healthcare sector that month. You can read the rest of the […]
Investment companies were put on a more equal footing with open-ended funds following implementation of the Retail Distribution Review (RDR) in 2013, which phased out commission paid by fund groups to financial advisers for product purchases. Historically, it had been less attractive for financial advisers to recommend investment trusts because they did not pay commission […]
