Investment company news brought to you by Citywire Financial Publishers Limited.
Citywire news
9 November 2018
Foreign & Colonial, the name associated with investment trusts since 1868, is consigned to history as £3.7 billion global fund adopts F&C name and five F&C trusts and savings schemes rebrand as BMO.
9 November 2018
Woodford Patient Capital Trust shares fall 2% after FTSE Russell announces it will remove listed fund from FTSE 250 after it ‘inadvertently added’ it to index last month.
7 November 2018
Healthcare trust expands on plans to raise money to take advantage of cheaper valuations following recent market sell-off.
7 November 2018
Real estate investment trust managers have criticised the regulator for failing to tackle the problems investors are facing by investing in commercial property funds
7 November 2018
Failure of Chris Mills’ Harwood Capital to convince institutional investors to back high-yielding real estate investment trust underlines challenging conditions facing investment company launches.
6 November 2018
After dealing with short-selling attacks on his key holdings, Neil Woodford now has a hedge fund shorting shares in his trust.
6 November 2018
Star value fund manager Alex Wright says contrary to popular belief big FTSE 100 stocks have underperformed small and mid-cap stocks since the EU referendum and it's here he is finding opportunities.
6 November 2018
Fund manager Angela Lascelles overhauls equity portfolio of Value & Income as she looks to raise dividend income for the 4.4% yielding trust while property manager Matthew Oakeshott grapples with Brexit downturn.
5 November 2018
Fund manager Mark Gordon-James hopes developing markets can bounce back from lows and allow the trust to grow after shrinking in a painful tender offer last month.
5 November 2018
PRS real estate investment trust praises last week’s Letwin report on planning system reforms saying they could help it supply thousands of new rental properties outside London.
