Investment company chairs will no longer have to step down after nine years on their boards, the Association of Investment Companies reveals.
City regulator reportedly steps up its monitoring of property funds after investors pull £336 million in last three months of 2018.
Veteran Japan fund manager Andrew Rose to hand over Schroder Japan Growth investment trust and Tokyo fund to Masaki Taketsume after a 38-year career.
Merian Chrysalis, which invests in late-stage private companies preparing to float, has backed AI and fintech companies as part of its initial £65 million investment.
Investment firm of star fund managers Nick Train and Michael Lindsell doubles position in UK's biggest broker to become Hargreaves Lansdown’s leading external shareholder.
3i Infrastructure gets a boost after selling stake in Thameslink train supplier for 29% more than it was worth four months ago.
Seneca Investment Managers becomes latest trust picker to swing back behind Woodford Patient Capital, arguing its depressed shares do not reflect progress in the portfolio of mostly early-stage healthcare stocks.
Fund manager Walter Price sells last of his Apple shares after its recent profits warning but rebuilds stake in Facebook after selling social media platform last year.
Looking at a list of investment companies from 10 years ago, it amazes me how many are no longer around. The market is quite efficient at working out which closed-end funds it does and does not want.
VCT managers shake off Brexit uncertainty and concerns over funding for smaller companies if a Labour government came into power.