Strong growth in its private equity portfolio and measures to tackle the wide discount on its shares made Oakley Capital Investments one of the best-performing closed-end funds in 2019.
Civitas Social Housing has snapped up £7m of properties and says a ‘robust’ pipeline of new investments are pushing it towards full dividend cover in 2021.
Fidelity stock picker Alex Wright gets help to run Fidelity Special Values trust and Fidelity Special Situations fund with Jonathan Winton as co-manager.
Real Estate Credit Investments, a 7% yielding property backed loan fund, is looking to raise £33.5m in a new share issue priced at 168p.
The fortunes of Henderson Smaller Companies investment trust have turned around as sentiment to UK domestic companies improves.
Fidelity China Special Situations fund manager Dale Nicholls predicts stock market impact of coronavirus will not be as severe as Sars epidemic in 2002.
Funds formerly run by Neil Woodford and those under control of his successor at Invesco, Mark Barnett, understood to have sold stakes.
(Update) In a special update we take a quick look at the Asia and China investment trusts trading on lower valuations as investors worry about the impact of the coronavirus.
Fund manager says sorry to European Opportunities investors for investment trust’s large stake in Wirecard, the German internet payments processor, and promises he will not run out-sized positions in it or any other stock in future.
(Update) Invesco Income Growth piles pressure on Invesco and bows to shareholder demands for a continuation vote that could see £200m portfolio run by Ciaran Mallon wind up.