Investec: Saba’s record as fund manager is a “cautionary tale” for investors in UK trusts the US activist wants to seize
If shareholders in Herald (HRI), Impax Environmental Markets (IEM) and Edinburgh Worldwide (EWI) investment trusts require any reminding of the peril ...
The ‘inverted pyramid’: winners from new US food guidelines
Impax Environmental Markets: The US government’s action to shift the national diet towards nutrient-rich foods provides tailwinds for companies in ‘re...
City of London is first trust to increase dividend for 60 years in a row
The 135-year old investment trust has reiterated its confidence in hitting the milestone of 60 years of consecutive dividend increases this year, the first trust to do so.
Winds of change: Greencoat UK returns to reinvestments after bumper buybacks
Though the trust has committed to further buybacks for 2026, JPMorgan Cazenove says we may see less capital committed here in the future.
Impax urges Saba to be ‘reasonable’ as it rejects tender offer
The board of the £840m environmental trust is now pursuing an 'exit tender' to give shareholders an out before Saba potentially takes control.
Blackstone deal propels Tritax Big Box into FTSE 100 as £4.6bn real estate trust chases full rental “reversion”
Tritax Big Box REIT (BBOX) has marked its promotion to the FTSE 100 with annual results demonstrating the momentum in the £4.6bn logistics fund after ...
Impax Environmental Markets urges Boaz Weinstein to be “reasonable” and consider his reputation after Saba puts trust at risk by refusing to sell its stake in tender offer
Impax Environmental Markets (IEM) chair Glen Suarez has published an open letter to Saba boss Boaz Weinstein after his activist hedge fund refused to ...
Morning briefing: TRIG to give “fulsome update” before continuation vote; City of London shuns AI sell-off stocks LSEG and Experian; BOOK knocked by “soft” RCI; plus MUT, MWY
The Renewables Infrastructure Group (TRIG) will present a “fulsome update on strategy” at a capital markets seminar in May, one month before sharehold...
PIN to refocus on 25 core managers in performance push
The private equity giant's discount shrank 12% last year, but the board continues to rethink its strategy amid activist attention.
Premium-rated Invesco Global slips up ahead of Franklin merger
Invesco Global Equity Income, whose shareholders have agreed can merge with Franklin Global, has hit a bump in its impressive performance track record.
Pantheon picks the 25 top private equity fund managers it needs to focus on to survive and prosper
Pantheon International (PIN), the £1.5bn private equity fund under pressure from activists Metage and Saba, is looking to improve performance by refoc...
Greencoat UK Wind vows to return more capital ahead of second continuation vote but says it’s eyeing acquisitions
Greencoat UK Wind (UKW) has promised to sell more assets, buy back more shares while reducing borrowing after another “challenging” year delivered a 4...
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