Arthur Copple: Invesco Select proposals leave me ‘speechless’
Arthur Copple, chair of Montanaro UK Smaller Companies, says the reconstruction of Invesco Select, in which he is a shareholder, is unfair and among the worst he has seen in his career.
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
Chrysalis allegations against Revolution Beauty remain unresolved
As previously announced, Chrysalis (CHRY) continues to pursue legal action against Revolution Beauty Group based on misstatements and material omissi...
QuotedData’s morning briefing 6 February 2024 – AUGM
QuotedData’s morning briefing 6 February 2024: Augmentum Fintech (AUGM) announced a £4 million investment into London based insurtech Artificial Labs....
Gore Street Energy Storage jumps after restating 7% divi target
Update: Shares in the most international of three listed battery funds rise after company reaffirms its dividend policy following cuts by rivals, saying payout was fully covered in last quarter.
Top-performing JPMorgan American’s Parton to depart soon
Fund manager Timothy Parton is about to retire and hand the investment trust’s growth sub-portfolio over to co-manager Felise Agranoff.
Underperforming Henderson Opps’ proposes share split to entice younger investors
Henderson Opportunities hopes more liquid and affordable shares will narrow the investment trust's discount as biggest shareholder and activist Saba looks for an upturn in UK equity trust.
James Carthew: Blame imbalanced National Grid for battery funds’ woes
The plunging share prices and dividend cuts of Gresham House, Harmony and Gore Street energy storage funds have shocked investors. Patience is needed if they are to survive.
BlackRock Sustainable American Income reflects the challenges of ESG investing
BlackRock Sustainable American Income Trust (BRSA) has released its financial year end results for the 12 month period ending 30 November 2023. Over t...
Throgmorton easily surpasses its benchmark
Throgmorton Trust (THRG) has released its annual results for the financial year ending 30 November 2023. Over the 12 month period THRG reported a NAV ...
Gore Street jumps after saying its dividend is safe
Gore Street Energy Storage reaffirms its 7% dividend target following cuts by rivals last week, saying that its payout was fully covered by earnings in the last quarter.
Hipgnosis Songs seeks indemnity from Merck in High Court case
Hipgnosis Songs Fund looks to protect itself from case brought by liquidators of former investment company of fund manager Merck Mercuriadis.
Hipgnosis tries to distance itself from the forthcoming litigation
Hipgnosis Songs Fund (SONG) has provided an update on its ongoing litigation between Hipgnosis Music Limited and Mr Mercuriadis, Hipgnosis Songs Manag...
