Investment company news brought to you by Citywire Financial Publishers Limited.
Citywire news
24 April 2019
Board of Polar Capital Technology realigns performance fee to ensure fund manager Ben Rogoff is incentivised to do well when markets slump like they did at end of last year.
23 April 2019
Fund manager hammers another nail in coffin of low-cost investment trust saving schemes with closure of its long-standing ISA, share and children’s savings plans and transfer of 21,000 customers to Hargreaves Lansdown.
23 April 2019
Stock market rebound encourages two more high-yielding, alternative income funds to pitch new shares at investors six months after previous attempts.
23 April 2019
German alternative asset manager looks to tap growing demand for renewable energy investments outside the UK with launch of new high-yielding investment company.
23 April 2019
There is no danger of investment company boards outstaying their welcome with three closed-end funds looking to wind up or sell assets after disappointments.
18 April 2019
Dan Whitestone, manager of smaller companies investment trust BlackRock Throgmorton, is concerned at the number of companies paying dividends he regards as unaffordable.
17 April 2019
Four months after floating on the stock exchange, SDCL Energy Efficiency Income Trust surpasses its original £150 million fund-raising target, thanks to a £72 million share placing.
17 April 2019
Henderson High Income manager David Smith urges investors not to lose perspective on the possibility of Labour winning the next general election.
17 April 2019
Leading life sciences investment trust has merged two of its retinal gene therapy companies as its shares recover from an unusual period of weakness that prompted some stock buying by its directors.
16 April 2019
Star fund manager delivers broadside against Pershing Square hedge fund manager who attacked payroll processor ADP, a Fundsmith Equity stock.
