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The market capitalisation of Ruffer Investment Company passed £1bn for what is believed to be the first time late last week, following an 8% rally in the shares in 2022 due to inflation and global volatility.
European fund manager and landowner Alexander Darwall accused of seeking to overturn the historic right to camp on many areas of Dartmoor.
The managers of Baillie Gifford UK Growth are sticking with their portfolio of companies that made investment returns 24.7% below its FTSE All-Share Index benchmark in the year to the end of April after re-examining their fundamentals.
FTSE 100 slips 1% and UK mid-caps drop well over 2%, as news of an economic slowdown adds to recession fears.
AVI Global fund manager Joe Bauernfreund’s attraction to the music industry crescendoed in the half year to March, as he initiated positions in Universal Music Group and Hipgnosis Songs fund and added to Sony Music owner, Sony Media Group
Funds of funds BMO Managed Portfolio and MIGO Opportunities offer three ways to add value – getting the asset allocation right, picking good managers that outperform, and, most interesting of all right now, buying trusts on cheap discounts.
Private equity investment trust bucks the Friday sell-off after scoring a 48% gain on an investment it made two years ago.
It’s official, Odyssean is no longer the cheapest investment company in the UK after a 10% rally following our last report on the UK smaller companies trust this month. Annual results this week underline the concentrated portfolio's attractions.
UK stocks end the week poorly as global interest rate rises and surging fuel costs force investors to ‘redo their sums’. Apax Global Alpha is a bright spot as the private equity fund makes a good profit on a two-year investment.
An historic weighting to smaller and medium-sized companies continues to hold back the UK equity income trust with fund managers James Henderson and Laura Foll hoping the low valuations and good dividends will revive investor interest.