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Lindsell Train fund managers Nick Train and Michael Lindsell plan to increase the transfer of shares and profits in their business to the next generation of fund managers they have hired.
Josh Golomb, a partner at New York headquartered Orbimed, appointed co-manager to Biotech Growth after the Geoff Hsu managed trust reported a second year of falling assets.
Former top-performing global small-cap trust has suffered biggest decline of any Baillie Gifford closed-end fund in the growth selloff, half-year results reveal.
Markets are ignoring the prospect of a US recession, says Personal Assets fund manager Sebastian Lyon after difficult year sees wealth preservation fund lose money but cut equities to new low.
High-yield bond pickers Rob Ford and Gary Kirk are to step down from their investment companies and funds at TwentyFour Asset Management in September.
Triple Point ends seven months of uncertainty by appointing Diego Massidda as lead manager of Digital 9 Infrastructure, as investors focus on how quickly he can shore up the investment company’s finances and dividend.
A handful of lending funds have been unjustly overshadowed by rising interest rates but offer good track records and high returns that should offset the risk of a US recession.
Schroder Real Estate shares offer a wide 29% discount and high 7.5% dividend yield growing rents in a year in which property values fell sharply in the facing of rising interest rates.
The £1.9bn Orbimed-managed investment trust proposes ten-for-one share split after enduring its second tough year in succession.
Update: One of the longest-standing investment company discounts at Hansa narrows on speculation it could merge with its top holding Ocean Wilsons after it announced a strategic review of its investment in Brazilian port and shipping company Wilson Sons.
One of the longest-standing investment company discounts narrows as Hansa-backed Ocean Wilsons announces a strategic review of its Brazilian port and shipping company.
Annual results from Fidelity China Special Situations remind investors to consider the long-term story not the short-term constrainst on its economy.
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