SDCL Energy Efficiency: We see the bear, now we must act
SDCL Energy Efficiency Income’s Jonathan Maxwell welcomes government backing of energy efficiency but says the prize is bigger than the chancellor stated in last month’s Budget.
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
AEW UK’s Elkin looks for deep value after planning shakeup
Laura Elkin, manager of AEW UK real estate investment trust, is taking advantage of planning permission changes as she looks to redeploy £30m of cash and underpin its high 8% dividend.
Baillie Gifford UK rues Just Eat ‘mistake’ after tough year
Half-year results show Baillie Gifford UK Growth has 'continued to disappoint' as its style remains out of favour with the shares down 30% this year, though a 10% rally in the past month suggests hope of a turnaround.
UK shares tick up after Fed signals slower US rate rises
FTSE 100 starts December in the black as US Federal Reserve delivers early Christmas present, signalling a slower pace of interest rate rises. Home Reit continues to fall, but Chrysalis rallies after its investor update.
Chrysalis takes £40m hit as it dumps Revolution Beauty
Chrysalis suffered another blow to its portfolio of late-stage growth companies after offloading its stake in Revolution Beauty which was suspended in the midst of an accounting probe.
Home Reit rejects Viceroy’s ‘baseless’ claims but faces scrutiny on Circle collapse
Update: Shares in homeless property provider sink another 10% after it publishes detailed rebuttal of the ‘baseless and misleading allegations’ made by short-seller Viceroy Research last week.
Chrysalis slashes Jupiter’s unfair performance fee
Chrysalis Investments proposes cutting the performance fee it can pay its Jupiter fund managers but appears to leave a controversial link to unrealised gains intact.
Frustrated Home Reit rejects Viceroy’s ‘baseless’ claims
Update: Home Reit shares remain under pressure after it publishes detailed rebuttal of the ‘baseless and misleading allegations’ made by short-seller Viceroy Research last week.
‘Bear market has room to run’, says Lyon as Personal Assets poised to lose money in 2022
Troy's Sebastian Lyon positions Personal Assets as conservatively as his predecessor did in 2008 financial crisis as popular wealth preservation fund faces its first calendar year loss since 2018.
Conviction Life Science targets 20% annual return as it looks to float in biotech bear market
Conviction Life Sciences is seeking £100m from investors in the middle of a biotech downturn as fund manager, and bestselling author, Andrew Craig believes he can uncover structurally undervalued gems.
Liontrust: ‘Deep recession not a certainty’ say Edinburgh duo
Edinburgh Investment Trust fund managers James de Uphaugh and Chris Field cautiously optimistic UK stock market can recover next year as inflation peaks and sentiment improves.
Miners and oil bounce back on China hopes to keep FTSE in the black for 2022
Mining, oil and Asia-focused financial stocks help FTSE 100 regain its footing as optimism resumes on potential shift in China’s unpopular zero-Covid policy.
