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Oakley Capital Investments revs up spending with £90m automotive bet

The private equity trust is acquiring an indirect stake in Steer Automotive Group, providing up to £90m, making it its third-largest position.

Abrdn Asian Income hikes full-year dividend 17.5%

Investors in the Asia Pacific income fund will enjoy a fully-covered boost to the 2023 dividend as the managers' high-yielding picks pay off.

Winterflood: We see ‘excellent prospects’ for Scottish Mortgage

Peak interest rates, technological advances and a private holding listing could rerate the Baillie Gifford flagship this year, says broker after the trust's investor meeting last week.

JPMorgan Cazenove adds biotech, Japan and hedge fund after 3i-propelled 2023

Analyst Christopher Brown records three changes to his investment company model portfolio, which outperformed thanks to outsized returns from private equity giant 3i Group.

JP Morgan Cazenove backs biotech debt, Japan and a hedge fund after 3i-propelled 2023

Analyst Christopher Brown has recorded three changes to his investment company model portfolio, which outperformed thanks to outsized returns from private equity giant 3i Group.

OCI announces investment in Steer Automotive Group

Oakley Capital Investments Limited (OCI) is pleased to announce that Oakley Capital Fund V2 has agreed to acquire Steer Automotive Group, the UK’s lea...

QuotedData’s morning briefing 16 January 2024 – CORD, WKOF

In QuotedData’s morning briefing 16 January 2024. Cordiant Digital Infrastructure Limited (CORD) announced that Belgian foreign direct investment appr...

Panmure and Liberum merge to forge leading London fund adviser

Panmure Gordon, the broker backed by former Barclays chief executive Bob Diamond, has announced an all-share merger with rival Liberum to create the UK’s largest independent investment bank.

Edinburgh appoints new deputy as de Uphaugh prepares to retire

Liontrust analyst Emma Barnard will work with lead fund manager Imran Sattar £1.3bn UK equity income trust when James de Uphaugh retires next month.

Bearish Ruffer: Portfolio is properly balanced after ‘disappointing’ 2023

Ruffer Investment Company continues to see ‘significant risk’ in the stock markets but it is repositioning to ensure the defensive portfolio delivers if markets rally.

Templeton EM ready to deploy gearing as Saba positions for tender

The trust’s managers are confident their sector will perform this year as they face pressure to beat the benchmark over five years to prevent a 25% tender offer.

Gravis bolsters private credit push with Abrdn veteran

The UK-based infrastructure boutique creates a new position for Albane Poulin as part of push to develop new strategies and to help look after its London-listed funds.