With stock markets at all-time highs, investment trust bargains are few and far between. But some UK equity trusts appear to offer some value.
Electra Private Equity's former fund manager has walked away with a £34 million ‘termination payment’ and could double this if activist investor Edward Bramson liquidates remaining portfolio.
Councils are using taxpayers' money to make ill-judged property investments, says Matthew Oakeshott, co-manager of Value and Income investment trust.
Board of Genesis Emerging Markets cuts fee paid to its fund manager from 1.25% to 0.95% as it bids to attract investors after a long period of underperformance.
Fund manager and board of this long-term underperformer are desperate for shareholders to back a new dividend policy they believe could re-rate its shares.
Witan boss Andrew Bell has dropped MFS Investment Management and Tweedy, Browne from the investment trust's line-up.
Cayzer family-backed global fund becomes latest trust to grow dividends for half a century but cautions that markets are in last leg of bull rally.
PRS, the government-backed real estate investment trust, leads fund-raising wave by four ‘alternative income’ funds, with a fifth targeting a further £100 million.
Prospects for global trust improve after Aviva Investors says it is happy with a ‘medium-term’ investment. Meanwhile, its stake in Majedie Asset Management continues to rise in value.
A rebound in Asia and merger of Aberdeen Asset Management and Standard Life has rejuvenated 59-year-old star investor