HgCapital rallies as it reassures investors and launches buybacks
The £1.8bn trust brought forward its trading update to put panicked investors' minds at ease following this week's software sell-off.
BlackRock Energy smashes its benchmark as clean power stocks rebound and AI drives mined metals
BlackRock Energy and Resources Income (BERI) is in strong shape ahead of next month’s continuation vote after notching up a third consecutive year of ...
Agent-ick AI? trusts hit by volatile share prices
On 5 January 2026, Ben Rogoff and Alastair Unwin, managers of Polar Capital Technology (PCT), published a think piece entitled “2026: The year AI’s im...
Baker Steel gains another 12% from volatile gold and silver but also copper, tin and Tungsten West
Baker Steel Resources Trust (BSRT) has seen its discount widen to 33% as its shares lag a portfolio surging in the commodity boom and benefiting from ...
HgCapital rallies after Investec upgrade, Jupiter purchases stake and board buys back shares offering “significant value”
HgCapital Trust (HGT) is the centre of attention with a flurry of news following a 25% share price slump over the threat to its private software compa...
Morning briefing: TR Property picks broker Peel Hunt after Stifel exit; JARA pays out £20.5m; Aquila European lines up £22.5m capital return
TR Property (TRY) has appointed Peel Hunt as its joint corporate broker with Panmure Liberum following the decision of its former joint broker Stifel ...
Syncona encouraged by biotech rally despite 40% discount
Syncona is on track to deliver £250m to shareholders, having backtracked on its wind-down proposal in October.
Nick Train: There may be panic but data companies are not AI losers
The ‘indiscriminate sell-off’ of software companies was ‘purely speculative’, says one of the best-known UK equity investors.
Activist investor backs Shin Nippon board’s reset proposal
An influential shareholder in Baillie Gifford Shin Nippon has thrown its support behind a package of reforms proposed by the trust’s board, arguing that the measures strike a pragmatic balance between shareholder liquidity and the long-term viability of one of the UK market’s most specialised investment vehicles.
Nick Train: “Panic” over Anthropic is wrong as RELX, Sage, Experian have “credible” opportunities to grow with AI
Finsbury Growth & Income (FGT) has pared some of this week’s losses after fund manager Nick Train argued the market’s “panic” over Anthropic’s threat ...
HgCapital manager says business software providers can survive AI if they “mobilise” and become “systems of action”
Long-term business software investor Hg has commented on the selloff in tech stocks this week that has crushed shares in HgCapital Trust (HGT), which ...
Morning briefing: Manchester & London slashes Microsoft; Ceiba warns of “catastrophic” US sanctions on Cuba; Syncona “encouraged” by biotech recovery; Alternative Income “riding the storm” well; plus THRL, CREI, MMIT, SEC
Manchester & London (MNL) technology fund manager Mark Sheppard has slashed his position in Microsoft from 21.8% to 4.8% as software stocks reel in re...
Developed by Moore-Wilson
Follow us
