Co-manager for nine years leaves BlackRock with Stefan Gries stepping in to work with Sam Vecht on the £322 million investment trust.
Biotech trusts are looking 'cheap' as their shares struggle to keep pace with a big rally sparked by hopes of softer US reforms.
Phoenix Asset Management Partners, the deep value investors reviving former trust dud Aurora, explain why they made low-cost airline their flag carrier.
Mark Barnett's successor James Goldstone explains how is putting his stamp on the Keystone and Invesco Perpetual Select UK trusts.
Two former Goldman Sachs bankers will advise company on how to exploit ‘compelling’ opportunity in supermarket real estate and generate inflation-linked yield of 5.5%.
A dramatic rally in BlackRock World Mining shares has cooled but fund manager Evy Hambro is confident the improving global economy will allow the trust to restore sustainable growth after the 'extremely disappointing' crash in 2011-2015.
Strong performing investment trust will see its market value fall to £154 million after investors chose to sell back 38% of the shares.
Sarah Whitley, Baillie Gifford’s top-performing Japan fund manager, points to evidence that ‘Abenomics’ is starting to solve the country's persistent deflation problem.
Up-and-coming defensive trust Seneca Global Income & Growth says eight-year economic cycle has further to run but is trimming sails of its multi-asset portfolio in advance of stormier conditions.
Efforts to narrow this trust’s discount take a backward step, putting SLPE in our list of 'cheap' trusts and prompting Stifel to reiterate its ‘buy’ recommendation.