James Carthew: Saba has killed a trust that investors wanted – and for nothing Saba has strong-armed the end of Edinburgh Worldwide against the wishes of almost all other shareholders, and it may be left with no assets under management to extract fees. We have reached the point in the Saba saga where it is […]
James Carthew comments on EWI’s 100% tender plans in Jane Denton’s article: He said EWIT had pressed the “self-destruct button”. “Assuming that Saba does not tender its shares – and reports suggest that it will not – shareholders who tender their shares can get 85 per cent cash and 15 per cent in a deferred […]
James Carthew comments on EWI’s 100% tender plans in Patrick Sanders’ article: “Edinburgh Worldwide is pressing the self-destruct button and the countdown has begun.” He added: “I understand why, but deeply regret that it has come to this.” Read the article here
James Carthew comments on EWI’s 100% tender offer in Michael Nelson’s article: “Edinburgh Worldwide is pressing the self-destruct button and the countdown has begun. I understand why but deeply regret that it has come to this.” Read the article here
James Carthew comments on the 100% tender plans for EWI in James Crux’s article: “EWI is pressing the self-destruct button and the countdown has begun. I understand why but deeply regret that it has come to this.” Read the article here
James Carthew: 3i Infra is thriving, but its shareholders have trust issues The £3.2bn trust has been sealing lucrative sales, but the memory of its written off stake in DNS:NET is holding the share price back. 3i Infrastructure (3IN) announced the sale of TCR for €1.14bn last week – a 22% premium to its carrying […]
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 […]
