Troy Asset Management has listed Cameron Investors Trust on London Stock Exchange and aims to use it as vehicle to mop up small, unviable funds.
Top-performing JPMorgan US Smaller Companies becomes latest investment trust to trim charge it pays its fund manager as cost pressures intensify.
Schroder Real Estate Investment Trust has spied an investment opportunity in a new ‘winning city’ as it takes advantage of a booming security sector in the home of GCHQ.
Picton Property Income raises just £7 million in share placing but infrastructure investment company BBGI and private equity trust Hg Capital do better attracting £75 million and £64 million respectively.
Fund managers at Seneca Global Income & Growth keep an anxious eye on Woodford Patient Capital Trust as they hope its plunging share price does not offset any more of the impressive gains made on AJ Bell.
Nick Williamson, highly-rated manager of Merian UK Smaller Companies Focus fund and co-manager of Merian Chrysalis investment trust takes three-month leave of absence.
Famously defensive investment trust, managed by Sebastian Lyon of Troy Asset Management, passes landmark £1 billion market valuation point after another year of regular share issuance and capital preservation.
Shares in Woodford Patient Capital fell to a new low as investors continue to flee Neil Woodford's investment trust following the suspension of his flagship Woodford Equity Income fund.
Highly-rated renewables infrastructure company moves to Foresight Group after John Laing, the construction group, decided to pull out of asset management after losing its other listed fund to a £1.5 billion takeover last year.
The £106 million venture capital investment trust spun off from RIT Capital Partners last year takes first step in what it hopes will be £150 million fund-raising programme to take advantage of opportunities after Brexit.