Woodford Patient Capital Trust shoots to top of stock market as unexpected revaluation of one of its most controversial holdings, cold fusion specialist Industrial Heat, adds 5.5% to its battered share price.
Winterflood Securities, broker to Woodford Patient Capital, has pitched the struggling investment trust as a potential safe haven in a stock market downturn.
Sequoia Economic Infrastructure Income looks to brush past £1 billion mark as 5.5% yielding debt fund offers investors chance to buy new shares on a small discount to its current price.
Over a year after launch global smaller companies investment trust is proving achingly slow to deploy its assets although the currency crisis in Turkey prompted its Stewart Investors managers to buy a drinks company.
An investment trust lending to privately-owned shipping companies is latest alternative income fund to test waters of busy flotation market, promising to generate returns not linked to either stock markets or the economy.
UK’s largest venture capital trust hopes latest share offer will lift its assets to £800 million and give it the funds to plough into the next generation of technology disrupters.
Edinburgh fund group has implemented a dramatic overhaul to the former Schroder UK Growth portfolio it inherited.
Investment trust bargain hunter Miton Global Opportunities set to become first London-listed fund to drop scandal-ridden Libor interest rate benchmark and use Sonia, the Bank of England's preferred alternative.
Global Sustainability Trust hopes to offer ethical investors annual returns of around 6% through investments in microfinance and conservation.
Scottish American manager Toby Ross unimpressed by handling of founder Martin Sorrell's departure from advertising agency.