Unquoted investments dispensed double-digit returns for International Biotechnology Trust during its 25th year, while its quoted investments bled capital amid the wider biotech market sell-off.
FTSE 100 and FTSE 250 profits fell 4.5% in the third quarter, the first drop in almost three years, according to The Share Centre.
Sky News reports WG Partners is poised to enter exclusive talks to acquire £500m portfolio of Woodford Equity Income's unquoted and hard-to-trade healthcare stocks.
Huge writedown to valuation of controversial cold fusion developer is second in less than three months.
Award made in recognition of role independent, non-executive directors have played in overhauling the global investment trust after its defeat in a bruising corporate governance battle four years ago.
JZ Capital Partners shares slump by almost a quarter after US property and micro-cap stock investor warns its real estate assets could be over valued by $50 million to $150 million.
High-yielding small business lender Hadrian’s Wall Secured Investments increases exposure to pooled loans after collapse of two borrowers and a toughening economic environment.
Fund manager Calum Bruce considers ramping up the number of development projects undertaken by Ediston Property as its shares suffer in the retail downturn.
Pershing Square, the £3 billion investment company run by US activist hedge fund manager Bill Ackman, has announced a further £77 million share buyback as it steps up efforts to narrow its wide discount.
Fintech investor Merian Chrysalis deploys half the £175 million it raised last month with a top-up investment in Starling Bank and purchase of stakes in Transferwise and Hut Group previously held by its managers’ open-ended funds.