Leading shareholders in both heavily discounted debt funds said to support nil-premium merger under Pollen Street Capital.
Ben Lofthouse, global equity income fund manager at Janus Henderson, says investors need exposure to trends reshaping the world economy.
The Bank said the UK economy would take longer than previously forecast to recover to levels prior to the Covid-19 pandemic.
Target Healthcare and Regional real estate investment trusts offer reassuring updates. Target points to need for modern care homes and Regional says it will benefit from companies' shift to 'hub & spoke' offices.
The European equity trust beat its benchmark in the first half of the year but fund manager Sam Morse warns there are problems ahead.
Struggling UK real estate investment trust reinstates suspended dividend at half the pre-coronavirus crisis level.
Hot money from ETFs and the Chinese authorities’ aim to encourage a ‘healthy bull market’ are stoking fears that equities are getting overheated.
BP 'completes the set' of major dividend cutters, with many of the same UK equity income funds and investment trusts already hit by Shell and banks, once again in the firing line.
Gold miners rally as price holds above record $2,000 an ounce while Hastings jumps on higher-than-expected takeover offer.
Gold tops $2,000 an ounce for the first time ever as falling dollar and a drop in real yields sent investors scurrying for alternative forms of protection.