Life Science Reit: Recovery is coming but we've got to be creative
Life Science Reit is looking at creative ways of funding for the future as manager Simon Farnsworth remains optimistic following its launch into a tough market.
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Manager of ThomasLloyd Energy beaten again as investors back board
Nearly two-thirds of the renewables fund’s independent shareholders vote to retain its board, resisting removal efforts by dismissed fund manager ThomasLloyd Global.
Schroders Capital sells £24.5m of investments to fund share buybacks
The trust formerly known as Woodford Patient Capital sells 22% of its publicly quoted holdings to pay for share buybacks to help rerate its depressed stock.
Darwall cuts fee and European Opportunities hikes dividend as Saba lurks ahead of vote
Board of European Opportunities and manager Alexander Darwall are doing what they can to keep shareholders sweet before a potentiallly dicey continuation vote in November. The trouble is performance has been poor.
Pantheon Int’l unveils £150m tender offer to speed up buybacks
Update: Shares in £1.5bn private equity fund extend recent gains after its board takes big step towards a £200m share buyback that one investor calculates could generate an 88% return.
Pantheon £150m tender offer to buy back shares at ‘material discount’
Pantheon International shares rise as the private equity fund takes a big step towards its £200m share buyback target.
David Stevenson: Biotech trusts still in bear’s grip
A revival in mergers and acquisitions has yet to re-rate an investment trust sector where portfolios of drugs developers trade at 20-year lows despite strong underlying drivers of growth from ageing populations and medical advances.
AVI Global lifts Hipgnosis Songs stake before continuation vote
Joe Bauernfreund’s trust ups its stake in Hipgnosis Songs to more than 3% as shares in the music royalties fund struggle ahead of a key shareholder vote.
City of London delivers dividends despite underperformance
Writing in annual results, chair Laurie Magnus said UK stocks offered high dividend yields relative to the main alternative equity markets and, on this basis, UK investors can assume they are being 'paid to hold on' until valuations improve.
City of London lags All-Share but delivers 57th year of rising dividends
Laurie Magnus, chair of the leading 'dividend hero', says UK stocks offer relatively high yields and investors are being ‘paid to hold on’ until valuations improve.
Home Reit takes another rent cut as it relets more properties to Mears
Redemption Project CIC, a tenant of the suspended homeless acccommodation provider that has not paid rent this year, will surrender leases on 146 properties.
Japan: Stronger yen should help UK investors
Citywire’s Gavin Lumsden asks Fidelity Japan Trust’s Nicholas Price about the prospects for the yen and its potential impact on sterling investors.
