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Investment company news brought to you by Citywire Financial Publishers Limited.

1 October 2018

Decision of US regulators to heavily fine Elon Musk but not banish him from board of Tesla is victory for shareholders in electric car company, according to Walter Price of Allianz Technology Trust.

1 October 2018

Peter Hewitt, manager of the F&C Portfolio Growth and Portfolio Income trusts, bought 5% of Mobius investment trust in its £100 million flotation last week.

1 October 2018

Robin Boyle, the long-serving manager of the Athelney Trust, a tiny UK smaller companies investment trust, says he has quit after a disagreement with its board.

25 September 2018

Buying stakes in under-loved investment trusts and closed-end funds was the speciality of Lazard World Trust but ironically its own shareholders fell out out of love with the discount hunter and have voted to end its 27-year tenure.

25 September 2018

UK equity income trust Merchants piled into Imperial Brands after fund manager Simon Gergel bet its ‘next-gen’ vaping and heated tobacco products would light up its prospects.

25 September 2018

Templeton Emerging Markets manager Chetan Sehgal dismisses threat from Mark Mobius’ rival investment trust, saying he has more people on the ground.

25 September 2018

Trian Investors launches on London Stock Exchange with remit to find poorly performing cap company to turn around.

24 September 2018

Long-lease real estate investment trust launched last year aims to lift assets by nearly 50% with Spanish banking multi-millionaire Ram Bhavnani backing a share issue to UK investors.

24 September 2018

Investors attracted to the inflation-linked 5-6% yields offered by the three social housing investment trusts need to beware the ‘potential risks’, Numis Securities warns.

21 September 2018

Emerging market veteran Mark Mobius is confident his timing is good and enough investors will back his crack team of fund managers in launching his new investment trust.


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SAINTS – Stock Stories

The managers of the Scottish American Investment Company (SAINTS) explain the appeal of two investments which perfectly fit the trust's long-term objectives: a resilient income, with attractive growth.

Gresham House Strategic PLC update

An update on the Gresham House Strategic fund, provided by Graham Bird, Head of Strategic Equity.

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The video explores Vietnam’s adoption of the East Asian development model and its impact on the country’s growth prospects. This is the same model that was employed by regional peers, including China, Taiwan, South Korea and Japan.