Monks’ long-term gains wiped out as growth ‘mistakes’ sting
The global trust viewed as a more balanced alternative to Baillie Gifford's Scottish Mortgage has seen its outperformance of the past eight years shrivel away.
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The global trust viewed as a more balanced alternative to Baillie Gifford's Scottish Mortgage has seen its outperformance of the past eight years shrivel away.
Annual results show high-yielding renewables fund pulling out the stops to avoid triggering a continuation vote next year if its shares continue to trade below asset value.
Abrdn Diversified Income & Growth, a 125-year old investment trust formerly known as British Assets, could be starting its final chapter as the heavily discounted fund launches strategic review and looks for merger partner.
Shares in Triple Point Energy Transition (TENT) rise as annual results show a much-improved performance after it broadened its investment approach last year.
The prospect of further interest rate rises adds to the uncertainty over the economy but should be positive for this financials fund, which invests in much more than banks.
Fidelity Special Values' Alex Wright says BP and Shell don't spend shareholders' capital wisely, which is why he prefers smaller oil companies that 'stick to their knitting' and don't expand into renewable energy.
Politicians don’t want to admit this, but it’s very clear that Brexit has caused the undervaluation of the UK stockmarket, says Fidelity Special Values manager Alex Wright.
Investors, including rival fund managers, misunderstand banks, says Alex Wright, who explains why he holds 16% of Fidelity Special Values in banks’ shares.
The investment company fronted by Merck Mercuriadis is among the music owners suing Elon Musk’s social media site for copyright breaches.
JLEN Environmental Markets raises its dividend target by 6% after a good year saw high inflation and power prices boost assets and revenues.
London's only listed European renewables fund wins shareholder approval to continue for another 15 months but will be concerned that over a quarter of investors disagreed.
Value has been the right investment style for the past three years and its revivial has only just begun, says Fidelity Special Values fund manager Alex Wright.
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