Manager of Henderson Opportunities Trust says rival will see health of Woodford Patient Capital Trust improve although he questions the wisdom of early-stage investments in healthcare.
Jefferies upgrades recommendation for GCP Infrastructure Investments saying £1 billion listed debt fund offers high 6.4% yield and better-than-expected protection against inflation that justifies the political risks from a future Labour government.
New Year rally in Ranger Direct Lending halts after distressed loan fund says arbitration to settle legal dispute with one of of its investments has been extended by two months.
P2P Global Investments, the heavily discounted loan fund recently tipped as a ‘compelling’ value opportunity, increases provisions by 2.5%-3% but says it will restore coverage of its dividend six months early.
Infrastructure fund share prices revive after John Laing and International Public Partnerships expect minimal financial impact from collapse of contractor Carillion.
The three Doric Nimrod Air investment companies offer high yields and their shares are cheap, but not in the way they first appear.
Shares in HICL Infrastructure drop 5% after high-yielding investment company warns collapse of its biggest contractor will knock 1.8% off asset value.
Neil Woodford attacks US hedge fund Kerrisdale Capital shorting a top holding in his underperforming Woodford Patient Capital Trust, sayings its claims are ‘inaccurate and unsubstantiated’.
JPMorgan Russian Securities is stepping up efforts to curb the wide discount on its shares, pledging to buy back at least 6% of them each year.
Lower fourth quarter net asset values from Ediston Property and AEW UK Long Lease reflect new investments while Picton Property Income focused on raising rents.