David Stevenson: Did infrastructure end up with the wrong investors?
Part of the current malaise in infrastructure funds comes from a mismatch caused by selling what are essentially growth funds to income investors.
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‘Over-renting’ fear sees AEW sell Nationwide property at a profit
AEW UK Reit manager Laura Elkin bails out of Portsmouth high street property where main tenant Nationwide building society is likely to secure a rent cut when lease expires.
US activist Boaz Weinstein trains sights on deep discount trusts
Saba Capital founder, who is battling BlackRock investment companies in the US, has quietly started buying more UK investment trusts with analysts saying he could turn aggressive to extract value.
Hipgnosis investors prepare to vote against asset sale, says FT
Major shareholders in Hipgnosis Songs Fund tell the Financial Times they will vote against the sale of a fifth of its assets to a Blackstone-backed sister fund at the AGM on 26 October.
James Carthew: I’ve bought DGI9 but I’m voting against Hipgnosis
Our columnist plans to vote against the continuation of Hipgnosis Songs Fund under its current management but has bought shares in Digital 9 Infrastructure after its recent rout.
Long-held Murray International stock Grupo Aeroportuario plunges
Mexican airport operator, which Bruce Stout's has held in Murray International since its IPO in 2000, falls 20% after fee changes announced by its regulator.
Citywire Investment Trust Awards 2023: The shortlists of funds and boards in the running
We reveal the shortlists of our annual investment company awards. There are 18 awards for top performers over three years and one prestigious Best Board award.
Hipgnosis suspends senior exec over sexual assault allegations
Kenny MacPherson, the chief executive of Hipgnosis Songs Group, faces a lawsuit in Los Angeles brought by a former colleague.
Octopus rallies on premium Polish wind farms disposal
Shares in Octopus Renewables rise after the company sells two onshore wind farms in Poland at a 14% premium to their last asset valuation.
Unite boss bows out on record rental growth and 100% occupancy
Chief executive Richard Smith announces his surprise departure after eight years at the helm of the £3.8bn student accommodation provider.
Fifth of Miton UK MicroCap investors take exit opportunity
Almost 19% of investors took advantage of the annual redemption facility as performance lags and shares remain at a discount.
Interactive Investor follows Fidelity in restricting poor value funds and trusts
DIY investor platforms are taking different approaches to new Consumer Duty rules. Interactive Investor and Fidelity restrict access to some funds, while AJ Bell alerts investors.
