Nick Train intervenes in debate over valuation of Lindsell Train (LTI), stating his and partner Michael Lindsell’s view that the investment trust’s stake in their fund management business is not undervalued.
Brunner's Lucy Macdonald praised St James's Place for its analysis into embattled manager Neil Woodford but asked why others did not do the same deep dive into his track record.
Future of Highbridge Multi Strategy, a London-listed hedge fund backed by JP Morgan, in doubt as fund manager offers to return investors their money after announcing plans to focus on credit markets.
Ground Rents Income Fund continues to assess its investment policies following government’s review of leaseholds and its change in fund manager from Brooks Macdonald to Schroders.
Losses from reinsurance investments have depressed shares in Aberdeen Diversified Income & Growth and made it a less defensive holding than investors would have hoped, although the multi-asset portfolio continues to generate good dividends.
Board of JPMorgan Global Convertibles considers liquidation and returning cash to shareholders after being told shareholders were unlikely to support a continuation vote in November.
Half-year review of Numis Securities’ investment trust recommendations reveals broker was ‘poised’ to slap ‘sell’ rating on Lindsell Train before its precipitous plunge last Friday.
Renewable energy infrastructure investment company gives institutional investors another chance to buy its shares on a reduced premium in a one-day fund raising.
Aberdeen Standard European Logistics Income offering £99 million of new shares at a price below its launch price in December 2017.
Global investment trust reports a good set of half-year results but says it is selling non-Asian emerging market holdings after deciding they are not worth the risk.