Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.

BEMO: Russia’s collapse hurt but new Middle East holdings helped spare us the worst

Going into the Ukraine war with 23% invested in Russia was painful for Barings Emerging EMEA Opportunities, but investors in former eastern European fund can be glad over three quarters of its assets are now in the Middle East and South Africa.

JPMorgan Japan sticks by tech despite ‘disappointing’ losses

The managers of JPMorgan Japanese have rejigged their portfolio to capture Japan’s ‘technological transformation’ after ‘disappointing’ performance in the six months to the end of March.

FTSE sluggish as EU cuts off Russian oil; Unilever up as activist joins board

FTSE 100 ekes out a small gain as EU leaders agree to step-back from Russian oil, Unilever soars 7% as activist investor Nelson Peltz joins the board and China trusts rally as Shanghai prepares to end a two-month lockdown.

Unilever brightens FTSE with leap at activist Peltz’s arrival

FTSE 100 ekes out a small gain as EU leaders agree to step-back from Russian oil, Unilever soars 7% as activist investor Nelson Peltz joins the board, and China trusts rally as Shanghai ends two-month lockdown.

‘Gloomy’ Capital Gearing hunts for discount opportunities in end-of-era market retreat

Analysts praise defensive fund for another successful year of capital preservation as its fund managers, led by Peter Spiller, publish an extraordinarily downbeat assessment of equity and bond markets.

Securities Trust of Scotland doubles down on consumer names after solid start at Troy

As the cost of living crisis bites, the global equity income fund managers at Securities Trust of Scotland double down on the consumer sector, with recent purchase Domino’s Pizza bolstering big brands including British American Tobacco and Pepsi.

FTSE sees relief rally as China reopens and US inflation slows

UK stocks make strong gains this morning on hopes that US inflation has hit a peak and China reopening the cities of Beijing and Shanghai, while mid-cap Countryside Partnerships soars on a takeover bid.

James Carthew: More juicy dividends would enhance Caledonia’s appeal

Annual results from Caledonia Investments underline the good long-term, real returns the defensive, global multi-asset fund has achieved. Yet something needs to be done about the wide share price discount.

Exceptional and erudite: Tributes paid to investment trust veteran Robin Angus

Former Personal Assets director and renowned investment trust analyst Robin Angus has died aged 69.

HICL enjoys inflation uplift as it eyes ‘modern economy’ assets

Rising inflation has pushed the infrastructure fund to double digital annual returns, while managers stay clear on their strategy to avoid 'mega' assets and focus on mid-market buys in the 'modern economy'.

Buoyant batteries: Gresham House Energy Storage charges up with £150m raise

Leading energy storage trust looks to raise £150m as battery funds flourish this year with power markets volatile and a renewed focus on energy security, though Bluefield Solar forced to extend placing period after windfall tax surprise.

Warehouse Reit plans main market move as it hits £1bn

The logistics investor highlights an 'acute shortage' of warehouse space, but elsewhere in the sector Amazon's excess capacity is hurting 'big box' investors like Tritax.