Star fund manager's income boosted bv record £882 million Smithson investment trust launch but payments to Mauritius-based company mean his personal wealth is understated.
Neil Woodford and his chief executive Craig Newman received £13.8 million of dividends in 12 months leading up to the crisis that engulfed Woodford Investment Management, accounts for the business show.
JPMorgan Indian, a cherished long-term holding of our columnist Ian Cowie, is going on a crash diet with an £195 million return of capital after failing to beat its stock market index.
Investment trust fund managers ended 2019 on a bullish note, with a third backing the UK to be this year’s best stock market.
Multi-manager investment trust says move preceded Morningstar’s downgrade of Nick Train’s UK funds and reflects its aim to cut UK exposure in the medium term.
Investment research group downgrades Lindsell Train UK Equity fund and Finsbury Growth & Income investment trust.
Woodford's £80 million funding promise to Rutherford Health is continuing to hang over his former flagship fund, which this week was forced to plough £15 million into the cancer treatment company.
Shares in underperforming Invesco UK All Companies investment trust rise as it looks to capitalise on post-election rally with purchases of up to 1.2 million or 8.9% of its shares.
High-yielding lender to US drugs companies takes a big step towards restoring dividend cover with flurry of loans that consume its big pile of cash.
GCP Student Living (DIGS), a £700 million student accommodation fund listed on the stock exchange, caps off good year with fund raising of up to £75 million.