Castelnau plays games master as Hornby takes stake in Warlord
The £236m portfolio has provided funding and support to help Hornby win a 25% stake in the wargame and miniatures group.
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
The £236m portfolio has provided funding and support to help Hornby win a 25% stake in the wargame and miniatures group.
The 8.2%-yielder will initiate a buyback programme in September to address a 30% discount as it prepares to appoint a new manager.
Peter Spiller will continue to chair the asset allocation committee while newly promoted Chris Clothier will focus on the investment process.
Revolut, the international ‘neobank’, lost $23m of its corporate funds last year after criminals exploited a flaw in its systems, according to the Financial Times.
Small high-yielding RM Infrastructure Income rules out a partial exit for shareholders as it continues to look for a potential merger partner.
Residential real estate estate investment trust cuts its exposure to rising interest rates and reports a rise in rental growth.
Smaller companies have been neglected in the selloff of UK stocks, but Gervais Williams of Miton UK MicroCap believes their qualities will shine through in a 1970s inflationary slump.
Craig Baker of Willis Towers Watson explains how a multi-manager investment approach helps Alliance Trust beat a tough global benchmark and maintain its dividend growth record of 56 years.
Top-performing infrastructure fund says it will take more than a year to sell stake in waste power generator, with proceeds due to repay some of its large overdraft.
Full-year trading update sees the high-yielding energy storage fund emphasise international expansion, while questioning the merit of two-hour batteries in the UK.
After nine consecutive quarters of growth, the four-strong management team of the growth capital fund hope valuations continue to rise and rerate the heavily discounted share price.
Japan small companies activist fund AVI Japan Opportunities claimed a significant victory at the AGM of its seventh biggest investment, NC Holdings, a parking equipment manufacturer.
Developed by Moore-Wilson