India’s stock market has plunged on fears coronavirus will pose a severe test to its health system but the prospect of low oil prices is a help for the economy.
Fund manager urges shareholders in Pollen Street Secured Lending to appoint representatives to board of investment trust that sacked it last month.
Augmentum Fintech keen to re-rate its shares after a mark-up of its stake in broker Interactive Investor offset a writedown in its holding in peer to peer lender Zopa.
Keeping corporation tax at 19% in today's Budget will depress net asset value of HICL Infrastructure but alternative income fund will benefit from increasing competition for the sort of projects it owns.
Bill Ackman’s London-listed hedge fund leaps 17% after activist fund manager reveals the portfolio has gained over 10% this month as a result of protections he put in place.
Investment trusts, which are generally geared to take advantage of long-term rising stock markets, fall heavily in today’s savage correction caused by coronavirus fears and a plunging oil price.
Multi-manager trust says it emits 30% less carbon emissions than typical global equity portfolios and with help of Hermes is engaging with oil giants like BP.
Shares in investment trusts have suffered renewed heavy falls, slumping towards the bottom of the stock market as they were hit hard by a sell-off on fears over the spread of the coronavirus.
The extraordinary row between Pollen Street Secured Lending and fund manager Pollen Street Capital escalates as rival Waterfall waits to see if it can proceed with a 900p per share bid.
Global thematic investment trust run by Artemis has sold out of travel stocks over fears environmental pressures will cut tourism. And that was before the outbreak of coronavirus.