BioPharma Credit faces questions as borrower LumiraDx struggles
Sliding revenues and share price at BioPharma Credit borrower LumiraDx are raising concerns although analysts believe the high-yielding debt fund will probably restructure its big loan.
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Activist City of London calls for trust mergers amid discount ‘bleed’
Steep discounts in the investment company sector should give rise to more mergers and a renegotiation of management fees, says activist investor City of London.
Home Reit hires AEW and turnaround expert Starn
Suspended homeless accommodation provider attempts to chart a course to recovery with AEW UK Investment Management and freelance chief finance officer Bill Starn.
Home Reit hires AEW and turnaround expert Bill Starn
Update: Suspended homeless accommodation provider attempts to chart a course to recovery by incentivising its new fund manager AEW UK Investment Management to make disposals and and halt a slump in rental income.
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
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.
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.
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.
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.
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.
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.
