Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.

QuotedData’s morning briefing 11 February 2025 – CMPG, CMPI, TRIG, PPET, PINT, PRSR, WHR, SOHO

In QuotedData’s morning briefing 11 February 2025: CT Managed Portfolio Trust (CMPG / CMPI) has a new two-year unsecured revolving credit facility wit...

Saba’s back again, now it wants to open-end four trusts

Here we go again – Saba published a press release this afternoon. [Despite its embarrassing failure to seize control of a number of trusts, Saba doesn...

Keystone Positive Change relaunches wind up proposals

Keystone Positive Change (KPC) has announced that it is relaunching its plans to liquidate the trust – offering shareholders the option of a cash exit...

Keystone revives cash return plan after Saba defeat

After facing down Saba Capital, Keystone Positive Change says it will offer investors an uncapped cash exit that will wind down the trust, a plan the activist had opposed.

James Carthew: Saba's wrong, discounts aren't all bad

Saba Capital's defeat at six of the seven investment trust votes it requisitioned doesn't mean the activist will give up, but it needs to work with boards rather than against them.

Shrinking European Opps plans another 25% tender

The Alexander Darwall-run fund is offering an additional 25% tender offer, just a year after the rapidly-shrinking trust offered shareholders a way out.

QuotedData’s morning briefing 10 February 2025 – BSRT, BGUK, SVM, BHMG/BHMU, CLDN, KPC, LABS

In QuotedData’s morning briefing 10 February 2025: Baker Steel Resources Trust (BSRT) has published a portfolio update and its NAV as at 31 January 20...

Baillie Gifford UK Growth bets on the tide turning to growth

UK Chancellor of the Exchequer, Rachel Reeves, is acting as though her body has been possessed by the spirit of a vintage pull-string talking doll, that just has the preloaded dialogue, ‘Growth’ on its internal disk; as for every question that she is asked, it seems that ‘Growth’ is the only response she has.

Stormy waters for investment trusts: Navigating the crisis

HMS Investment Trust is facing turbulent waters. Not only are the sharks circling, but the icebergs are proliferating, while the regulator seems deter...

Take the HINT: JPM Global swells to £3.4bn as it bags another trust

JPMorgan Global Growth & Income confirms its place as consolidator-in-chief in the investment trust industry as it merges Henderson International Income into its portfolio.

Property pick-up sees Custodian bag positive quarter

Custodian Property Income has enjoyed another quarter of positive returns after a tough few years, which it hopes marks the beginning of a sustained recovery.

European Opportunities to offer additional 25% tender

European Opportunities Trust (EOT) has released its interim results for the six months to 30 November 2024. During the period, EOT provided NAV and sh...