Alzheimer’s drugs may be the ‘holy grail’ but Trevor Polischuk, the new co-manager of Worldwide Healthcare, is betting on new diabetes and sleep treatments for quicker returns for shareholders.
HICL Infrastructure caps difficult year with 13% write down on £250 million investment in Affinity Water, but describes performance of income fund as ‘resilient’ as dividends rise.
ICM, the fund manager behind Utilico Emerging Markets, unveils global income trust aiming for a sector-beating dividend yield.
Gore Street Energy Storage, the UK’s first listed ‘battery’ fund, scrapes on to London Stock Exchange after raising less than a third of its original £100 million target.
Invesco Perpetual Enhanced Income to summon shareholder meeting after its fund manager calls for removal of chairman and a co-director after its decision to resign last month.
Greencoat UK Wind, the largest listed renewable energy fund, considering transformational bid for 49% stake in wind farm business of French energy giant EDF.