Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
Discounted shares in private equity giant rise after reassuring investors of a good start to the year with 'impressive' growth in budget retailer Action and other unquoted investments offsetting declines in two German retailers.
UK shares tread water ahead of an interest rate call in the Eurozone and news that surging inflation has pushed UK debt payments to a record high.
Directors of Miton UK MicroCap investment trust believe they are showing ‘restraint’ with a half-inflation fee hike after the portfolio, managed by smaller company stock pickers Gervais Williams and Martin Turner, slumps 13% in year to 30 April.
Hard-pressed plane-leasing funds seal their status as this year’s best recovery play after Emirates airline agrees to buy back the single jet owned by Doric Nimrod Air One for £25m, triggering a big return of capital to its shareholders.
European stocks pull back on uncertainty over key Russian gas supplies to the continent, but strong trading on Wall Street boosts Scottish Mortgage and growth-focused investment trusts.
India Capital Growth (IGC) fund managers have built up an overweight position in financials sector following prime minister Narendra Modi’s push for every family in the country to have a bank account.
Flight to the dollar, inflation and geopolitical risks are making life difficult for emerging markets investors this year, but long term the strength and depth of their companies will prevail, says Mobius investment trust manager Carlos Hardenberg.
Andy Ho of VinaCapital Vietnam Opportunity Fund says the arrest of business leaders earlier this year was the government maintaining standards on the stock market, not a move against innovation and entrepreneurialism.
Consumer-exposed and technology shares drive gains for UK indices despite rampant inflation hitting 9.4%, heaping pressure on the Bank of England to speed up its interest rate rise plans.
Exclusive: Exposure to private companies in Jupiter’s £1.6bn UK Mid Cap fund has risen even closer to the allowed 10% limit despite a big cut to the value of top holding Starling bank, a move which stablemate Chrysalis has yet to adopt.
Showdown between rebel shareholders and activist Nelson Peltz’ Trian Investors (TI1) hots up with independent investors demanding its broker Jefferies abstain from next month’s extraordinary general meeting.
Ecofin US Renewables Infrastructure, one of the smaller London-listed funds vying to exploit the energy transition, hit by the resignation of its three fund managers.
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