Temple Bar, the underperforming UK equity income trust run by contrarian value investor Alastair Mundy, hopes to keep investors sweet with biggest dividend hike since financial crisis.
Civitas Social Housing and GCP Infrastructure have sought to reassure shareholders over their exposure to First Priority, a struggling housing association in Kent.
Augmentum Fintech, a new investment trust backed by Rothschilds’ RIT Capital Partners, looks to raise £125 million for portfolio including Zopa, Seedrs, Interactive Investors and a new generation of financial challengers.
Declaration of 41.4p per share special dividend prompts Jefferies to lift its recommendation for 3i Infrastructure, arguing the shares have been unjustly de-rated over fears of a Labour government.
Departure of fund manager Talib Sheikh has not derailed JP Morgan’s Multi-Asset Trust launch with shareholders from another of the group's investment trusts switching to its shares.
PRS Real Estate Investment Trust has closed a £250 million fund raising early due to strong investor demand for its shares targeting a 6% yield.
Board of emerging markets fund of funds steps up efforts to placate investors, offering a chance to sell some shares at a narrow discount if they vote for its continuation in April.
Genesis Emerging Markets is generating decent returns but can't beat the MSCI Emerging Markets index while its managers underweight Tencent, Alibaba and Samsung.
Share price slump of Provident Financial dealt a blow to City of London and leaves popular investment trust lagging FTSE All-Share index over three years.
Board approves appointment of George Ensor as lead manager of River and Mercantile UK Micro Cap, following sacking of former manager Philip Rodrigs.