Home Reit: Two more tenants have collapsed
The move into voluntary liquidiation by Redemption Project and Serenity Support underlines the financial crisis at the suspended homeless accommodation provider.
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RIT Capital: Share buybacks demonstrate our ‘compelling’ value
Despite being suspended by Fidelity's investment platform for high charges, Rothschild-backed RIT Capital Partners insists its shares offer investors good value after another difficult first half.
ThomasLloyd hits out at ‘self-serving’ trust board
Swiss-based fund manager of ThomasLloyd Energy Impact claims its board is acting against shareholders' interests in calling for the investment trust to be wound up.
RM Infrastructure receives fourth merger approach
The 9.5%-yielding debt fund is no longer in talks with the investment company that sparked its strategic review in May but is in discussion with two other funds.
Allianz Tech: Seidenberg delivers 30% in first year
Excitement over AI has powered Allianz Technology since Mike Seidenberg replaced Walter Price as fund manager, but the mid-cap fund has struggled to beat its benchmark.
Ediston Property sits on cash as strategic review nears completion
Retail park investor says it will have news for shareholders soon on a merger or other measures to narrow the wide discount on its shares.
Smithson returns to form after ‘watershed’ shift knocks tech from the top
Half-year results show global mid-cap equities begin to repair the damage from the painful 2022 selloff that knocked nearly a third off the investment trust’s net asset value.
James Carthew: Need to cut charges lies behind Abrdn and trust changes
The imperative to cut costs as well as boost assets is a big factor in the spate of mergers and manager changes we’ve seen from investment companies recently.
Chrysalis achieves second quarter of growth as it eyes next year’s shareholder vote
Following its share price hammering last year, Jupiter's growth capital fund has notched up a second quarter of growth as it looks ahead to a continuation vote next year.
ThomasLloyd Energy slams fund manager, urges investors vote for wind up
Chair Sue Inglis says board of government-backed trust is ‘extremely disappointed’ at fund manager ThomasLoyd’s lack of cooperation in uncovering problems in India that led to shares’ suspension.
Fidelity China: A jewel in our crown that’s up 67% in a year!
Dale Nicholls, fund manager of Fidelity China Special Situations, talks about the success of jewellery chain Lao Feng Xiang.
Valuations: The most compelling part of China’s growth story
China’s stock market trades on just 10 times earnings, which doesn’t reflect the 20% profits growth the country’s companies are recording, says Fidelity China Special Situations manager Dale Nicholls.
