AIC reveals trusts take £1 in £8 from Hargreaves and Interactive
Shareholder study shows 12% of money on Hargreaves Lansdown and Interactive Investor goes into investment companies. The brokers also own 12% of the sector.
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Trust ‘buyers’ fall to lowest level in 12 years, says Winterflood
The broker’s annual survey reveals a slump in sentiment to investment companies after last year’s derating but there is some excitement at the ‘outstanding value’ in the sector.
QuotedData’s morning briefing 20 February 2024 – NBMI, SWEF, GCP, MPLF
In QuotedData’s morning briefing for 20 February 2024 NB Global Monthly Income Fund (NBMI) has announced that it intends to distribute to shareholders...
James Carthew: Sit on Aberforth’s income until the UK rerating arrives
Annual results from Aberforth Smaller Companies underline anomaly of the £1bn trust's 12% discount with its holdings valued at under eight times earnings and paying good dividends.
Segro narrows losses and eyes 50% jump in rents
Warehouse developer predicts 50% rise in rents over next three years as demand for new warehouses outstrips supply.
Capital Gearing buoyed as buyback limits lifted
The bearish wealth preservation trust is boosted by its board saying that share buybacks can resume in full after the delayed reclassification of its reserves is completed.
Abrdn European Logistics skips dividend to focus on M&A dowry
After receiving approaches in its strategic review, real estate investment trust gives itself ‘maximum flexibility’ to close a deal by delaying its fourth quarter dividend.
Hipgnosis faces a possible surprise liability
The board of Hipgnosis Songs Fund (SONG) has announced today that its investment adviser (founded by Mr Mercuriadis and where he is a director), has r...
abrdn European Logistics receives several proposals
abrdn European Logistics Income (ASLI) has said that it has received a number of proposals to acquire the company, after putting itself up for sale in...
QuotedData’s morning briefing 19 February 2024 – UTG
In QuotedData’s morning briefing on 19 February 2024: Unite Students (UTG) has entered into a joint venture framework agreement with Newcastle Univers...
‘All-weather’ Brunner beats its global benchmark for fifth year
A 52nd annual rise in payouts from the 'dividend hero' was expected, but outperforming global and UK markets for a fifth consecutive year was a surprise in markets led by AI tech stocks.
Schroders’ Global Innovation trust bags 221% Carmot gain
Former Woodford Patient Capital receives $5.6m (£4.5m) from Roche’ s acquisition of Carmot Therapeutics, nine months after it invested $1.7m.
