The board of the forestry fund has told investors to reject former manager Stafford’s bid for its assets.
Investment trusts focused on developing economies fall heavily into the red as dollar's rally sends emerging markets into bear territory.
Matthias Siller, whose Baring Emerging Europe trust is among worst hit funds, says 'it's not too late' to stop currency rout.
Peer-to-peer lending trust was forced to cut payout due to currency hedging costs, but says higher interest rates should provide a boost.
Shares up 14% this year despite knock from Urica write-off, as managers continue to sell down unquoted holdings.
Crux, SW Mitchell and Latitude have all outperformed their benchmarks since they started running money for the global trust.
With value investors making inroads into their stock, Edinburgh and Perpetual Income & Growth have started to buy back shares for the first time in over a decade as their boards grapple with underperformance of their former star fund manager.
FTSE 100 falls as Turkish lira continues to tumble, weighing on travel stocks and emerging markets investment trusts.
Biotech Growth has had a dull 12 months after disappointments from its holding in Celgene but with its shares on a 7% discount and fund manager Geoff Hsu anticipating more mergers and acquisitions now could be a good entry point.
JPMorgan Claverhouse, a UK equity income trust run by William Meadon and Callum Abbot, has given Nick Train's Finsbury Growth & Income a run for its money over the past year.