Half-year results from TR Property boosted by rally in London-listed developers in August. Trust sits on the cash as it and other Reits such as LXi, Schroder Real Estate and Regional remain defensive.
European investment trust will give shareholders a chance to sell some of their holdings after Baillie Gifford becomes its new fund manager tomorrow.
Private equity investment trust invests a further £12.2 million in Embark Group as rapidly expanding pension administrator looks to complete its acquisition of the Zurich investment platform.
Chairman of Aberdeen Standard Equity Income upbraids fund manager after ‘considerable disappointment’ of 11% drop in net asset value in the past year.
Investment trust speeds up disposal programme to strengthen its balance sheet after warning last month that its US property assets are probably over valued.
The FTSE 100 is not as cheap as it looks with a high dividend yield of over 4% looking unsustainable, say managers of defensive equity income investment trust.