Standard Life Aberdeen is to seek shareholder approval to merge Dunedin Smaller Company Investment trust into Citywire AAA-rated Harry NImmo’s Standard Life UK Smaller Companies
Ranger Direct Lending begins its wind-down with a new board after shareholders elect three of the four non-executive directors put forward by Oaktree Capital Management and LIM Advisors.
FTSE 250 companies have been the target of 10 bids this year, which star managers Neil Hermon and Georgina Brittain say underlines the ongoing appeal of small and mid-cap stocks two years after the Brexit vote.
Investor nervousness over emerging markets has forced Utilico Global Income to shelve its high-yielding investment trust launch.
Hedge fund manager Bill Ackman will be forced to take steps to reduce the wide discount on Pershing Square Holdings says British Empire manager Joe Bauernfreund.
US stock valuations have been a cause of concern for some time but Witan chief executive of global multi-manager trust believes world's largest stock market is cheaper today than four years ago.
Montanaro UK Smaller Companies proposing five-for-one share split as its performance continues to lag rivals, despite return of former manager Charles Montanaro last year.
Chairman Christopher Waldron and two directors are to resign as rebel shareholders tighten their grip on troubled investment company which last week announced it would wind up and return money to investors.
UK equity income trust run by contrarian value investor James Henderson makes accounting change to give it more scope to increase dividends after a difficult six months saw portfolio hit by collapse of drinks retailer Conviviality.
Best performing US investment trust halves its level of gearing, or borrowing, as fund manager Garrett Fish becomes more cautious.