Invesco Global Equity Income grows by 86% as Franklin merger, share issuance and 22% return work wonders
Pantheon Infrastructure sells half its stake in Constellation Energy to generate $44.5m more cash for reinvestment
Baillie Gifford China Growth recovery reaches “significant milestone”, beating its index over three years
Baillie Gifford US Growth versus Saba: Find out why shareholders should vote for the future of this unique trust
Cybersecurity ETFs rally as investors add €156m in a week
Strategic Equity Capital says its software companies are AI resilient after “SaaSpocalypse” flattens annual return
Morning briefing: Brown Advisory US Smaller strategic review continues; Tritax Big Box completes Symmetry Park for Amazon
AI boom drives 65% return for Pacific Horizon
Foresight Solar accelerates strategic review as NAV falls
Target Healthcare delivers best annual return since IPO
Morning Briefing: ORIT takes £30m wind valuation hit; Glenstone closes in on AIRE delisting threshold
New City High Yield delivers double-digit NAV return and maintains dividend growth
Syncona’s Beacon Therapeutics delivers positive pivotal trial result
Morning briefing: North Atlantic Smaller Companies sees discount narrow as buybacks and takeovers support returns
Infrastructure Capital launches active S&P 500 income ETF
Is AI coming for the City?
European active ETFs break annual inflows record with four months to spare
Aberdeen UK Smaller seeks out merger with JPMorgan UK Small Cap after difficult five years for trust and sector
Alliance Witan – Stock Spotlight: Galderma
Morning briefing: Zipline doubles to boost Scottish Mortgage and US Growth; Foresight Environmental wins third continuation vote; M&G Credit Income launches share issue; two big bids lift Merchants Trust; North American Income keeps pace with US market
AVI Japan Opportunity spies more rainmaking deals after Sharingtechnology bid ends long dry spell for the activist
Baillie Gifford Shin Nippon starts much-needed turnaround with 23% first half rally from AI boom
Mid Wynd “deeply regrets” its 26% underperformance but says AI-sell-off presents “compelling” investment opportunity
Baillie Gifford US Growth says Saba rejected 99.75% cash exit as it urges shareholders to stop hedge fund’s “existential” threat
JPMorgan US Smaller “acutely aware” of underperformance but says tide may be turning after 17.2% first half rebound
Morning briefing: TwentyFour Income and Claverhouse non-exec Joanne Fintzen dies; Home REIT liquidates subsidiaries; Dignity drives small rise at Castelnau; Unite sees “slight” increase in student bookings
Gore Street Energy shareholders defeat Saba’s wind-up vote
City of London benefits from bids and avoids AI fallout to post 60th year of rising dividends and 21% total shareholder return
Morning briefing: Invesco Asia Dragon manager Ian Hargreaves to retire; Supermarket Income re-rates after “transformation”; Nippon Active underperforms Japan’s AI rally; HarbourVest confirms $400m tender for November
Active ETF growth could come at expense of existing funds, MSCI survey suggests