As we fly into the New Year a trio of alternative income funds generating 8% yields from leasing jumbo jets to Emirates Airline are suffering turbulence.
Continental Investment Partners, set up by ex-3i partner Marco Fumagalli, has launched a £55 million private equity-style UK small cap fund.
Activist investor Bill Ackman's Pershing Square Holdings hopes to narrow its perpetual discount with a $300 million tender offer, following a torrid three years for the hedge fund.
David Horner, co-manager of best UK equity income trust over five years, expresses ‘disappointment’ after C-share issue raises just £5.5 million but vows to grow fund this year.
Hargreaves Lansdown, the UK's biggest online stockbroker, has temporarily removed 96 investment trusts from its platform for failing to provide a new EU-compliant information document to investors.
High-yielding Tufton Oceanic Assets overcomes tight new issues market to become UK's only listed shipping fund after Nimrod Sea Assets foundered last year.
UK investment trust and financial services group hopes to draw unusual period of change to a close with appointment of Denis Jackson as chief executive.
Shares fall in investment fund at centre of storm over unfair leaseholds as it takes stock of government vow to seek justice for home buyers.
Tech companies and Europe prove popular among fund managers, while uncertainty created by Brexit top their list of worries.
An end-of-year flurry among real estate investment trusts sees Regional raise money for two acquisitions and Supermarket Income and Civitas Social Housing spend more of the capital raised at their flotations.