Matthew Read comments on the resignations of Keith Watson and Robert Crayfourd in Patrick Sanders’ article: “..all shareholders will be looking for clarity on each fund’s plans..Given that this is an evolving situation, we would suggest shareholders sit tight and see what happens,” Read the article here
Matthew Read comments on the resignations of the CYN and GPM managers in Michael Nelson’s article: “Shareholders in all the funds affected will be looking for clarity about each fund’s plans. The good news is that Watson and Crayfourd will continue to manage the portfolios for the next three months and, given that this is […]
David Batchelor comments on the Saba ETF launch in Patrick Sanders’ article: “It is hard to see who the market is here, given how little interest investors in investment companies have shown in dancing to Saba’s tune since they emerged on the scene, but we shall see.” Read the article here
James Carthew: Investors should look beyond GCP Infra’s steep discount Infrastructure debt is not supposed to be exciting and, without being unkind to GCP Infrastructure (GCP), its 15-year track record illustrates that. Investors who bought shares at launch in July 2010 for 100p saw its net asset value (NAV) fall to a low of 97.7p […]
James Carthew comments on the need for defences in the investment companies sector in Patrick Sanders’ article: “It may also be time for corporate advisers to dust off the rule book and explore legal avenues to insert poison pill defences into investment company structures,” Read the article here
James Carthew comments on Saba and Impax in James Crux’s article: “The Impax story illustrates the damage that anyone with more money than sense can do to the investment companies sector if left unchecked. “Appeals to reason appear to have failed. It is time for the FCA to act. Clarifying the related party rules, as […]
James Carthew comments on the need for action by the FCA in Lotte Edwards’ article: ‘It is time for the FCA to act. Clarifying the related-party rules, as Herald’s board has asked the FCA to do, would choke off Saba’s main line of attack – inserting directors it controls onto boards so that they can hand […]
James Carthew suggests Seraphim Space, Fidelity China Special Situations, BlackRock Frontier Markets, Impax Environmental Markets as ideas for a junior ISA. “Beyond SpaceX, which features in many Baillie Gifford portfolios, there are few ways for investors of all ages to play this new frontier of investment. Manager Mark Boggett believes that many of its holdings […]
James Carthew comments on the cash bid for Augmentum in Patrick Sanders’ article: “How do we get to a situation where a board is happy to recommend a bid at more than a 30% discount to NAV (in monetary terms, giving up £81m out of a NAV of £267m)?” Read the article here
James Carthew comments on the proposed windup of The Diverse Income Trust in Patrick Sanders’ article: “..throwing in the towel now seems perverse,” he said. Read the article here
