Nippon to reduce small-cap focus after Abrdn and Atlantis mergers
Half-year results show small-cap Japan actvist Nippon Active Value plans to broaden its approach to mid-cap stocks as mergers with two weaker rivals bring in influx of cash.
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BBGI’s projected dividend growth fails to rally shares
Analysts commend BBGI's robust results, but several say the current discount and dividend yield are not as attractive as its social infrastructure peers.
BBGI’s projected dividend growth fails to bring the shares to par
Analysts commend BBGI’s robust results, but several say the current discount and dividend yield are not as attractive as those of its social infrastructure peers.
LondonMetric keeps it green with solar panel installations
LondonMetric Property is increasing its eco credentials with the addition of solar panels to two of its warehouses.
Henderson European’s John Bennett to retire
Fund manager of Henderson European Focus Trust for 13 years announces he will retire next year to focus on chairing Scottish football club Rangers.
BlackRock World Mining loses power amid commodity chaos
BlackRock World Mining manager Evy Hambro is hoping to add further exposure to mining royalties to boost returns.
Invesco bond trust maintains premium despite Credit Suisse exposure
Invesco manager Rhys Davies is confident in allocations to the banking sector, which make up a significant part of the portfolio.
Abrdn UK Smaller lowers management fees as post-Nimmo returns swing negative
The growth-style trust was thwacked this year by inflation, rising interest rates and weak sentiment, meaning shareholder returns over one, three and five years are now negative.
David Stevenson: Funds for the nuclear revival
For ages anything nuclear found itself on the ESG naughty step – a trend that is now, thankfully, reversing as the EU embraces nuclear in its own regulatory requirements.
David Kempton: Inflation-linked bonds I’m buying and growth trusts I’m holding
Rising yields and falling prices of government bonds (or gilts) tempt our experienced investor, who retains a portfolio of investment trusts for long-term growth.
James Carthew: Legal actions could follow trust management failings
While some progress is being made to sort out the problems at ThomasLloyd Energy Impact and Home Reit, the severe governance and management failings could require time in court to resolve.
Fidelity: We want to do M&A to help make ‘cleaner, sharper’ trusts
Consolidation of the investment trust sector has picked up this year as closed-end fund shares have derated. Claire Dwyer, head of investment companies at Fidelity, wants to play her part.
