Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.

‘Frustration’ grows as ex-Woodford trust SUPP faces long haul as global fund

Share buybacks and an ambition to become a more conventional global private equity fund are the best hopes for long-suffering investors in Schroder UK Public Private, more than two years after Schroders took over former Woodford Patient Capital Trust.

Renewable funds smash forecasts in first quarter surge

Rising inflation and power price forecasts are powering impressive first quarter updates from high-yielding renewable energy funds such as Foresight Solar and Greencoat UK Wind.

FTSE slips after long weekend as BP surfs oil price surge

UK shares slip, feeling the delayed effect of Friday’s US selloff, while bumper underlying trading offsets costly Russian exit at BP. Real estate trusts sell off but renewable energy continue their rally.

GRID battery fund: How we make money from renewables

Ben Guest, manager of Gresham House Energy Storage, explains how the volatility of power prices, not their high level, enables the battery fund to make impressive returns while helping the UK transition to clean energy.

Investors’ fingers crossed as Anderson leaves Scottish Mortgage at turning point

James Anderson, the man who made Scottish Mortgage the flagship for the entire investment trust sector leaves today. Investors will again wonder what the future will bring after a 40% slump in its shares since November.

Corporate results push FTSE through more US tech clouds

UK stocks continue to rally on Friday, driven by strong company earnings, while Scottish Mortgage delivers strong gains on fund manager James Anderson’s last day. Riverstone Energy leaps 9% on big first quarter gain.

International Public raises £325m for inflation-linked infrastructure

Shares in the global core infrastructure fund International Public Partnerships rise 4% as it becomes latest investment company to take advantage of volatile stock markets with a big share issue.

The shipping news is good as Taylor Maritime boasts 22% first-quarter return

Shipping fund Taylor Maritime Investments has been going full steam ahead, achieving a 22% return in the first quarter that lifts underlying gains to 78% since the portfolio floated last May.

Standard Chartered propels FTSE but China woes cap gains

UK shares power ahead as Standard Chartered jumps more than 10% but Sainsbury’s warns on cost-of-living crisis. Global trust Manchester & London rallies 7% following recent US tech stock results.

Inflation beater Supermarket Income loads up on £307m

Specialist property trust overtakes long-dated real estate rivals with a fundraise that smashed its initial target of £175m as investors jumped at the chance to access its 4.7% index-linked yield.

Inflation beater Supermarket Income loads up on £307m share issue

Specialist property trust overtakes long-dated real estate rivals with a fundraise that smashed its initial target of £175m as investors jumped at the chance to access its 4.7% index-linked yield.

Investors call bottom on China stocks, but growth bounce needed to lift battered trusts

UBS Global Wealth Management and Invesco are among investors calling the bottom of the Chinese equity market, which holds out hope for a revival in London’s four China trusts.