The wild fires that struck California at the end of last year knocked more than 16% off the net asset value of CatCo Reinsurance Opportunities in December.
Beatrice Hollond, chair of Keystone, the UK investment trust managed by rising Invesco Perpetual star James Goldstone, faced a shareholder rebellion at its annual general meeting.
John Kay, senior investment director of UK's largest equity trust, and its co-manager James Anderson, join forces to condemn new 'key information documents'.
Investors who can stand the political risk can seize a buying opportunity in listed income funds like HICL Infrastructure following the collapse of Carillion and a critical audit office report into private finance initiatives.
Henderson Smaller Companies urges investors not to rely on the future performance figures in the new ‘key information document’ it and other investment companies have had to publish.
Independent, the best performing investment trust last year with a shareholder return of 71%, is also one of the cheapest after its stellar growth helped cut shareholders’ annual costs to just 0.25%.
The research team at Killik & Co highlights Utilico Emerging Markets as an investment company that could take off this year.
Artemis Alpha one of 24 investment trusts anxiously hoping to keep shareholders sweet ahead of continuation votes this year.
Franklin Templeton Investments has bought Edinburgh Partners in a move that brings the boutique’s founder back into the US group’s fold and trebles its range of investment trusts.
Investment trusts and investment companies enjoyed a bumper 2017, raising £11.9 billion from a mixture of record share issuance and a revival in flotations.