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Citywire news
22 November 2018
Strong-performing Japan trust turns to controversial practice of lending some of the shares in its portfolio as it strives keep down costs.
22 November 2018
Tax savings from switching to a real estate investment trust could see relatively low-yielding but top-performing Picton Property increase quarterly payouts to investors.
21 November 2018
Edinburgh investment trust narrowly beats the FTSE All-Share in its half-year results prompting its chairman to reiterate support for the under-pressure fund manager.
21 November 2018
Fund managers Tim Stevenson and Jamie Ross cull their holdings after weeding out under-pressure businesses but remain confident of opportunities in a cheap European market.
21 November 2018
Hamish Baillie, lead manager of defensive Ruffer Investment Company (RICA), warns of further market turbulence as global monetary tightening continues.
21 November 2018
Two medical research companies and one semi-conductor designer backed by Woodford Patient Capital Trust announce major collaborations.
20 November 2018
Board of Perpetual Income & Growth states unease at ten-year under-performance of its share price but backs Mark Barnett to turn round UK equity income trust saying all fund managers suffer ‘ups and downs’.
20 November 2018
Securities Trust of Scotland hires digital marketing expert to its board as the 3.8% yielding global income trust strives to avoid falling foul of its tough discount control policy.
20 November 2018
‘Unrelenting negativity’ towards UK stocks is turning Fidelity Special Values manager Alex Wright ‘more and more positive on their prospects for 2019’.
19 November 2018
Global investment trust reinvests in Facebook after its year-long decline in bid to tap into companies benefiting from inordinate amount of time people spend staring at screens.
