Peter Elston, chief investment officer at Seneca Investment Managers, has resigned for personal reasons, the board of Seneca Global Income & Growth Trust has announced.
3i Infrastructure raises nearly £223 million, taking to £339 million the amount drawn in by infrastructure funds in the past two days and lifting total for year to £2 billion.
BlackRock Energy and Resources Income doubles investment in gold equities as prospects for safe haven metal brighten in deflationary world.
Real estate investment trust raises its maximum loan-to-value to provide it with headroom should commercial property prices slide after a no-deal Brexit.
Real estate investment trust plans to appeal to income investors by hiking its dividend 20% and raising its yield to 5.8% after paying £28 million early repayment penalty to refinance its debts.
Veteran co-manager of Ruffer Investment Company steps back from the defensive, global multi-asset fund as Ruffer reshuffles its investment team and promotes a new generation of fund managers.
Jupiter Fund Management faces dismissal from second investment trust in a week after board of small, poorly performing Jupiter UK Growth announces it is looking for ‘alternative arrangements’.
Future of small, global smaller companies trust up in the air after Tom Allen follows Ashish Swarup in resigning from fund manager Stewart Investors.
Renewables Infrastructure Group (TRIG) achieves second over-subscribed share issue this year, raising cash to repay overdraft and make further investments in UK and Europe.
Private equity investment company Oakley Capital Investments reports strong half-year boosted by £30 million gain on the sale of some of its stake in private school group Inspired.