BlackRock Greater Europe: Stop ignoring ‘under-owned’ region
The European equity investment trust’s manager Stefan Gries has cheered investors with outperformance in his first set of interim results in sole charge
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
Lindsell Train defends risk approach after Hargreaves criticism
The company tells Citywire that risk is ‘best mitigated by investing in high-quality companies’ after broker Hargreaves Lansdown expresses concern.
James Carthew: Activists in Japan make the future
Activist investing is a rational response to Japan's market conditions. Abrdn Japan did the right thing waving the white flag and merging with Nippon Active Value.
Big Broadcast: What we’ve done with Patient Capital
In the ‘Big Broadcast’ of this week’s virtual event, fund managers Tim Creed and Harry Raikes explain how they restructured the £250m Schroders Capital Global Innovation portfolio, formerly known as Schroder UK Public Private and Woodford Patient Capital.
Schroders: What we’ve done with Patient Capital
In the 'Big Broadcast' of this week's virtual event, fund managers Tim Creed and Harry Raikes explain how they restructured the £250m portfolio, formerly known as Schroder UK Public Private and Woodford Patient Capital.
GRID tests fragile market with £80m fund raise for US expansion
Gresham House Energy Storage, the UK's biggest and best-performing listed battery investor, becomes first renewables fund to issue new shares this year after sector's derating in 2022.
Sun sets on Abrdn Japan as it opts to merge with Nippon Active Value
Faced with a continuation vote after its share price underperformed, sub-scale £73m Abrdn trust agrees to combine with larger and more successful activist smaller companies fund.
Abrdn Japan to merge with Nippon Active Value
Faced with a continuation vote after its share price underperformed, sub-scale £73m Abrdn trust agrees to combine with larger and more successful activist smaller companies fund.
Abrdn Property falls out of step with real estate recovery
Abrdn Property Income has fallen behind its diversified property peers in the first quarter, as buying a Morrisons’ store and an uncovered dividend weighed.
Pershing Square’s Ackman buys $1.1bn stake in Alphabet
Google parent Alphabet is the hedge fund manager’s first stock purchase since he reversed a foray into streaming giant Netflix early last year.
Scottish Mortgage cuts Illumina after ‘disappointing’ year for gene stock and trust
Baillie Gifford fund managers insist they will not change course after Scottish Mortgage shares slumped by a third in year to 31 March, but have slashed their position in gene sequencer Illumina.
Blackstone got a bargain in Industrial as recovery cuts bid premium
Positive first quarter update from Industrial Reit reduces slashes the premium Blackstone is paying in its £511m bid from 42% to 12%, says Peel Hunt.
