Saba vs EWIT: War of words heats up ahead of crucial vote

The trust’s smaller investors will need to cast their votes this week with investment platform voting deadlines on the 14th and 15th of January. Saba ...

Picton hoists 'for sale' sign as small size and big discount take their toll

Picton Property Income, which had set out to become a consolidator just a few years ago, is now looking for a buyer or merger partner.

Edinburgh Worldwide’s investment in SpaceX doubled last month and even before that it had made a stonking 947% return. That’s why shareholders should vote against Saba

Edinburgh Worldwide (EWI) has published its annual report, confirming the dramatic doubling last month in the valuation of SpaceX, its biggest holding...

Picton Property puts itself up for sale saying international investors want bigger REITs

Picton Property Income (PCTN), a £400m real estate investment trust that has previously spoken of its ambition to be an acquirer in a consolidating se...

Morning briefing: Saba lifts SDCL stake to 11%; LondonMetric buys nine Premier Inns for £89m; Primary Health Properties progresses Assura integration; & ASLI, MMIT, AERI, LMS

Saba Capital has lifted its stake in SDCL Energy Efficiency Income (SEIT) from 10% to 11%. Most of the position is in total return swaps. Shares in th...

Nick Train reiterates faith in Finsbury ahead of continuation vote

Nick Train says Finsbury Growth & Income will recover as the fate of the underperforming trust is placed in shareholders' hands this week.

Trust round-up: Pantheon Infra, GRID, ORIT, Digital 9, Ecofin US

We summarise sales and purchases from five alternative investment companies as the transaction market picks up pace.

Onward Opps completes largest fundraising yet as NAV hits record

Fledgling UK-smallers trust Onward Opportunities raised nearly £4m, having more than tripled in value since launch.

Columbia Threadneedle exports two “redefined” active quant ETFs from US to Europe

Columbia Threadneedle, the US fund management giant behind F&C (FCIT) investment trust, has joined the influx of North American groups expanding into ...

Nick Train “thinking about” investing in soaraway Rolls-Royce as Finsbury Growth continuation vote looms

Finsbury Growth & Income (FGT) fund manager Nick Train has revealed he had been “definitely thinking about” investing in Rolls-Royce (RR), the UK aero...

Saba says Baillie Gifford and Edinburgh Worldwide “impossible to believe” as they dismiss as “complete nonsense” activist’s claim that SpaceX shares were sold to ease USA merger

(Update) Baillie Gifford has issued a statement clarifying the decision to sell a third of Edinburgh Worldwide’s stake in SpaceX “was not made to faci...

Morning briefing: RTW backs first biotech flotation of 2026; Herald publishes circular for Saba tender offer; British Land boss takes P3 job; plus ONWD, HICL, ASLI

RTW Biotech Opportunities (RTW), the tenth-best performing investment company last year, has backed the first biotech flotation of 2026. Atkis Oncolog...