Scottish Oriental Smaller Companies cancels tender offer and pursues merger as part of a strategic review
Lindsell Train looks to the future after nearly a third of shares seek an exit in the 20% tender offer
Proxy vote advisers Glass Lewis, ISS and PIRC back Baillie Gifford US Growth in its AGM battle with Saba
Morning briefing: Literacy Capital sells Cubo Work; Artemis UK Future Leaders bounces back in Q2; Tom Leader retires from Caledonia Private Capital
Achilles reveals more of its targets as it prepares for “next round of activism” to reinvest proceeds from Spire Health bid
Saba reveals new 5% position in Neuberger Private Equity, doubles RTW Biotech holding to 10%
Morning briefing: Gore Street Energy signs two-year tolling agreement on Texas assets; Seraphim Space invests £17.5m in Skylo Technologies; Patria Private Equity returns 2.6% in quiet third quarter for exits
Opportunities emerging in AI’s shadow
Alliance Witan: Stock Spotlight: Techtronic
JPMorgan Global Growth underperforms again after underestimating scale and impact of AI “euphoria”
Seraphim Space says fund raise by satellite operator Xona adds £52m to its valuation
Q&A: How should investors vote in the Baillie Gifford US Growth AGM to prevent Saba Capital taking control?
Morning briefing: Baker Steel Resources falls 4.6% in September
ICG Enterprise generates 3.3% half-year return from “multiple” private equity investments
Morning briefing: Partners Group Private Equity welcomes “clear” 99.9% vote for wind-down; Alternative Liquidity Fund appoints liquidators; Unite Group funds fall in third quarter; Prettejohn to chair Tritax Big Box
Fidelity suffers active ETF outflows despite booming European market
Xtrackers to transition $5m minimum-volatility ETF into US small- and mid-cap fund
Outperforming Ashoka India Equity says corporate earnings are bouncing back as it reports a 5.9% annual fall
CGAM bond expert Emma Moriarty promoted to co-manager of Capital Gearing Trust
Saba backs Brown Advisory US Smaller Companies’ rollover with JUSC, signing one-year standstill with JPMorgan trust
Morning briefing: Saba lifts Grainger stake to over 9%; Onward Opportunities advances 36% in third quarter
Fidelity targets threefold increase in European active ETF assets
Seraphim Space Investment Trust – Strong NAV growth, more winners emerging
Schroder Japan’s Taketsume steps up hunt for undervalued stocks after AI boom helps deliver 41% annual return
Fidelity Emerging Markets applauds “truly stellar” performance as shareholders double their money in a year
Morning briefing: HgCapital gains 34% uplift on Gen II Fund Services sale; Saba exits Baillie Gifford UK Growth; Taylor Maritime announces fourth return of capital as it looks to sell its last ship; BP Marsh backs Dauntless underwriters
Partners Group Private Equity to put forward wind-up vote on Wednesday after 74% of shares opted for realisation
Trust Spot: Scottish Mortgage hits new high and Baillie Gifford US Growth leaps 12% amid “existential” warnings
REIT Review: Property shares slide on renewed rate woes
Morning briefing: Sirius Real Estate grows rent roll by 11.3%; Value and Indexed Property makes 4% half-year return; Ashoka Whiteoak EM wants to lift sector limits