Global Sustainable Farmland Income Trust hopes to raise up to $300 million to invest in operational farms in US, Europe, New Zealand, Australia and some countries in Latin America.
Canada’s Sun Life Financial buys fund manager of HICL Infrastructure and Renewables Infrastructure Group.
UK’s first listed energy efficiency fund hopes to cap a busy year of fund raising with share issue priced at 104p, 5% below last night’s close.
Global multi-asset investment trust backed by Rothschild family uses its highly-rated paper to buy stake in US investment banking.
Pound falls on reports prime minister Boris Johnson will block the extension of a Brexit transition deal with the European Union beyond next year.
The post-election rally may prove a turning point to save some fund managers’ reputations, but if not, merging rather than jumping ship should be the solution underperforming UK trusts seek.
Woodford Patient Capital (WPCT) is no more but the renamed Schroder UK Public Private Trust (SUPP) gains time in its restructuring with lender Northern Trust renewing credit facility for another year.
Under-pressure fund manager believes today's sharp share price moves on Tory win are the start of a longer-term re-rating for the stocks he favours.
Fund managers believe commanding Tory majority will help to erase the political risk that has weighed on UK stocks for more than three years.
Shares in investment trusts focused on UK smaller, mid-cap and equity income stocks alongside infrastructure and property investment companies jump after Conservative party landslide.