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(Update) Fund managers have been quick to exploit improving investor sentiment with Round Hill Music Royalty raising £282m while a trio of new infrastructure funds and one proposed UK equity launch look to attract £900m.
Fund managers continue to flood the market with infrastructure shares with two new investment companies launched today, while a third real assets fund launched last year offers a 'C'-share issue.
Signs of a possible rotation from ‘growth’ to ‘value’ stocks gather force as Scottish Mortgage, the growth investors flagship, tumbles 6% to be the FTSE 100’s biggest faller and Nasdaq, the US technology index, opens sharply lower.
Investment trust share prices swung wildly in yesterday's rush to buy cheap and out of favour stocks with signs of a rotation from growth to value starting to show.
Pfizer and Biontech’s successful trials of their Covid-19 vaccine are highly significant but will not lead to a quick end to the global pandemic, cautions BB Healthcare fund manager Paul Major.
Hope a Covid-19 vaccine could trigger a broad global recovery pushed London-listed closed-end funds sharply higher, particularly depressed shares in real estate and UK equity investment trusts.
Hope that a Covid-19 vaccine could trigger a broad global recovery pushed London-listed closed-end funds sharply higher, particularly depressed shares in real estate and UK equity investment trusts.
Dividend holdout GCP Student Living (DIGS) has bowed to reality and become the last of the three listed university property funds to slash shareholder payouts in the coronavirus pandemic.
Rathbones adds its voice to the growing chorus of shareholders demanding the immediate wind-up of Gabelli Value Plus, which is being blocked by the US trust's leading investor and an affiliate to its fund manager.
(Update) Scottish Mortgage fund managers James Anderson and Tom Slater make their first sale of Amazon stock on pure investment grounds, but keep faith in Tesla after electric car manufacturer's meteoric rise this year.