Citywire news

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One of London’s new renewable energy funds has closed a deal on a project in Utah, selling the power to a subsidiary of Warren Buffett's Berkshire Hathaway.
An extraordinarily volatile 12 months saw the Harry Nimmo managed trust suffer its worst first half in 10 years with its best second half in 16 years, annual results show.
Ninth fund manager to global multi-manager roster is Alabama-based Vulcan which describes itself as ‘value investors who don’t look for cheap stocks’.
Merger talks between the direct lending funds reportedly collapsed over the summer before we knew they had begun. Nevertheless, combining the two is a good idea.
Woodford Patient Capital announces further boardroom shake-up as the investment trust continues to battle a plunging share price.
Merian Chrysalis, the venture capital investment company up 31% since launch last November, looks to raise more money for investments in technology disrupters.
Analysts at Stifel update list of global investment trusts’ exposure to UK as a guide for how much they could be affected by further volatility in the pound.
Gresham House Energy Storage Fund (GRID) says the disruption that hit over 1 million people earlier this month underlines the urgent need for infrastructure to support renewable sources of power.
The need for Japanese retirees to fund more of their retirement could help bolster dividends and returns, argues Coupland Cardiff's Richard Aston.
Popular music royalty trust seeks to grow its share capital by a fifth in order to buy more catalogues from leading song writers.