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Late-stage private equity fund, whose shares have more than halved in the bear market for growth stocks, appoints independent committee to charge of valuing unquoted investments from fund mangers Nick Williamson and Richard Watts.
Update: Nervousness at rising global interest rates holds back FTSE 100 but global growth trust Scottish Mortgage recovers some losses after this year's mauling. Private equity funds also report big gains.
The real estate investment trust has returned its dividend to pre-pandemic levels thanks to a high weighting in industrial and warehouse properties, which fund manager Nick Montgomery is now considering reducing.
Baillie Gifford global smaller companies trust has ramped up share buybacks after falling to a double-digit discount in the growth selloff that knocked more than a third off its asset value.
Simon Knott, the veteran fund manager of Rights and Issues, is to retire in September with the UK smaller companies trust he has run for 39 years passing to Dan Nichols at Jupiter Fund Management.
Uncertainty over the government's levy on oil and gas companies provided a buying opportunity for our columnist in one leading renewables fund, but left him wondering where the government is going in its clean energy policy.
FTSE 100 shows little reaction to Boris Johnson squeezing through a vote of no confidence, but sterling slips on concerns his leadership may weaken the economy.
A flood of private equity cash helps TR Property to eleventh consecutive year of outperformance with a 21.4% total investment return in year to 31 March, but the shares slip to an 'unwarranted' 11% discount.
After a record rebound from the pandemic, the last 12 months have been difficult for Fidelity China Special Situations but fund manager Dale Nicholls is confident the easing of lockdowns will enable small and mid-cap portfolio to thrive.
UK shares start the week strongly as traders return from the long bank holiday, with a jump in the oil price pushing commodity stocks higher. China investment trusts extend their rally.
Proton beam cancer treatment provider, once one of fund manager Neil Woodford’s bright hopes, falls into administration, knocking a hole in Schroder UK Public Private whose managers criticise the group's 'flawed' strategy.
Fund manager of Impax Environmental Markets sees its shares tumble 12% after revealing a sharp slowdown in its six month fund inflows.
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