Citywire news


 Investment company news brought to you by Citywire Financial Publishers Limited.

Gavin Lumsden assesses progress in Citywire’s Top Trusts portfolio and explains why he's looking for investment trusts trading on cheap discounts.

Sherborne Investors won its battle for seats at Electra's board without telling investors what it wanted to do. Now we will find out.

Shareholders in Fidelity China Special Situations investment trust to pay fund manager a performance fee despite losing 16%.

Top special situations investment trust, Marwyn Value Investors, admonished for issuing new shares below their net asset value.

Recent stock market falls convince Sebastian Lyon, manager of the ultra defensive Personal Assets investment trust, to be more positive.

Alliance Trust has ramped up purchases of its shares, spending over £26 million this week in a determined bid to lower their discount.

Top-performing trust cuts charge to 1% of assets, two years after ditching performance fee.

School and hospital projects are too expensive so HICL Infrastructure Company looks to add offshore wind farms to its portfolio.

The outlook for dividends may be bleak, say Canaccord Genuity analysts, but many investment trusts can withstand the chop.

Legal finance fund Juridica Investments is winding up its operations after a 60% slump in its share price this year.