Weakening market conditions knock 3.9% off Schroder European Real Estate ahead of wind-down
Schroder European Real Estate (SERE), the £85m commercial property investment trust drawing up plans for a managed wind-down, saw its portfolio fall 3...
Morning briefing: Andrew White leaves Great Portland Estates; Montanaro European says 5% tender over-subscribed; SDCL Efficiency Income’s wind-down approved; Saba exits Herald
Great Portland Estates (GPE) says development director Andrew White will leave the central London real estate investment trust after 13 years. Chief e...
Going against the crowd – is an AI hangover coming?
Last week, I attended Troy Asset Management’s annual investment trust seminar. The event clearly has a loyal following, with many investors returning ...
LondonMetric and Schroders raise offer for Picton
The increase from 76.4p per share to 77p represents a 6.8% premium the latest closing price but an 8.5% discount to net asset value.
Polar Capital Tech doubles index in best year in over two decades
The trust was rewarded for its 'AI maximalist' approach as well as an underweight to software and the Magnificent Seven.
AI leadership drives another standout year for popular Polar Capital Technology Trust
FTSE 100 tech specialist trust Polar Capital Technology Trust (LON:PCT) delivered another exceptionally strong year to 30 April 2026, comfortably outp...
LondonMetric and Schroder REIT up offer for Picton
LondonMetric Property (LMP) and Schroder REIT (SREI) have increase their offer for Picton Property (PCTN) by 0.8%. The consortium announced a revised ...
Golden Prospect opts for Baker Steel as new manager
Golden Prospect Precious Metals (GPM) has agreed heads of terms to appoint Baker Steel Capital Managers as its new investment manager and AIFM, opting...
Polar Capital Technology doubles NAV as AI bets pay off
Polar Capital Technology Trust (PCT) delivered an exceptional year to 30 April 2026, with its net asset value (NAV) per share rising by 102.2%, comfor...
Top performer Invesco Global Equity lifts dividend by 18.5%
The increase to 16p over the next financial year follows the trust's merger with Franklin Global earlier this year.
3 UK investment trusts with super wide NAV discounts: bargains or value traps?
A number of investment trusts are still trading at discounts exceeding 20%, offering potentially attractive opportunities if sentiment improves. After...
Workspace brands Saba’s latest proposals as “high-risk, short-sighted” and “unrealistic”
Workspace (WKP) has blasted the latest proposals for its turnaround from Saba Capital, its second largest investor, as “high-risk, short-sighted and n...
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