Former star Goldman Sachs emerging market fund manager Prashant Khemka hopes to raise £200 million for Ashoka India Equity, an investment trust that will only charge investors a fee for outperformance.
Nick Train’s highly rated global investment trust notches up another successful 12 months, achieving ten-fold rise in its shares over 17 years. Concern about succession issues at its fund manager continue to worry chairman Julian Cazalet, however.
Canaccord Genuity analyst Alan Brierley abandons long-standing caution on Fidelity China Special Situations, upgrading highly geared trust to ‘buy’ from ‘hold’ after another impressive year of performance.
Jeff O'Dwyer of Schroder European Real Estate looks for high-yielding industrial assets to redeploy cash made from sale of two French supermarkets.
Seneca Global Income & Growth trust's team explains why alarm bells rang regarding their investment in Civitas Social Housing back in February.
Healthcare real estate investment trust buys £63.8 million property portfolio three weeks after announcing it would cut its uncovered dividend.
Ranger Direct Lending surrenders to investors’ demands to wind up and return money to shareholders after Ares Capital Management said it did not want to be the loan fund’s new fund manager.
Financial Conduct Authority contacts board of Invesco Perpetual Enchanced Income raising prospect of regulatory intervention in investment trust’s dispute with fund manager Invesco Perpetual.
BlackRock Latin American may have newfound dividend appeal, but the volatile region is not an easy sell to investors admits fund manager Will Landers.
Long-suffering shareholders in Jon Moulton’s Better Capital 2012 receive rare item of good news as private equity company announces agreement to sell Northern Aerospace, one of its few remaining holdings, for £44 million.