Alternative income fund launched last year by Merck Mercuriadis, Beyonce’s former manager, is looking to place up to £100 million of new shares with investors.
US Solar Fund (USF) has become only the second investment trust launch of the year, raising $200 million (£153 million) in its initial public offer.
Real estate investment trust serves notice on its fund manager and launches a strategic review which could see it sold or wound up less than two years after launch.
Real estate trust hit by government ban on unfair leases and collapse of Carillion seeks support of larger investment group with its fund management team under James Agar moving to Schroders,
UK’s first listed energy efficiency fund, SDCL Energy Efficiency Income, looks to raise more money from institutional investors having committed most of the £100 million gathered at its December flotation.
A wave of gold mining mergers signals business reform in the sector making it the best way access the precious metal, says Scottish investment trust manager Alasdair McKinnon.
Early analysis indicates that provided Alliance Trust Savings customers choose the right service plan they can look forward to big savings when switching to Interactive Investor this summer.
‘It is clear that US-China tensions are not just about trade but something much bigger,’ says co-manager of Schroder Asian Total Return.
Shares in Woodford Patient Capital Trust advance as company unveils its best annual performance in three years and fund manager Neil Woodford expresses confidence in his next wave of tech disruptors.
Shares in Funding Circle Holdings drop 5% after board of Funding Circle SME Income Fund decides to wind up and return capital to shareholders, including Invesco’s Mark Barnett.