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

Gergel: ‘Encouraging’ signs that UK outflows are reversing

The 4.9%-yielding Merchants Trust manager says there are signs that UK outflows are reversing thanks to government action.

Gergel: ‘Encouraging’ signs UK outflows are reversing

The manager of 4.9%-yielding Merchants Trust says there are signs UK outflows are reversing thanks to government action.

QuotedData’s morning briefing 1 October 2024 – BGCG, DIG, AIE, VNH, PEY

In QuotedData’s morning briefing 1 October 2024: Baillie Gifford China Growth Trust (BGCG) announced its interim results for the six months to 31 July...

Bluefield Solar cuts dividend growth as it focuses on discount

The 8%-yielding UK renewables fund lifts its dividend target by just 1.1% as it focuses on share buybacks, repaying debt and new investments.

Podcast: Majedie’s Dan Higgins on liquid endowment investing

Dan walks the armchair trader through Majedie’s multi-faced approach to investment management and how the trust has evolved since Marylebone began advising it.

Merchants: Bids and buybacks mean UK won’t stay cheap forever

More than 5% of FTSE 350 companies have received bids this year and companies are hoovering up their undervalued shares, says Merchants Trust manager Simon Gergel.

China soars, Japan tumbles and FTSE falls in turbulent start to week

China’s Shanghai index leaps 8% after banks are ordered to lower their mortgage rates to boost the economy but the FTE 100 falls on a revision to UK growth.

3i falls after report of Shadowfall short position

Shares in private equity giant slip after report that short-seller Shadowfall is betting that a £15bn investment in Action, the discount retailer, is ‘significantly overvalued’.

Baillie Gifford’s Keystone trust to ‘reluctantly’ wind up early next year

Keystone Positive Change gives shareholders the option of an uncapped cash exit or a rollover into the £1.8bn Baillie Gifford sister fund.

Baillie Gifford’s Keystone ‘reluctantly’ winds up as Saba takes 23% stake

Keystone Positive Change gives shareholders the option of an uncapped cash exit or a rollover into the £1.8bn Baillie Gifford sister fund.

JPMorgan Global Growth & Income outperforms buoyant market

JPMorgan Global Growth & Income (JGGI) has announced its annual results for the year to 30 June 2024. During the period, JGGI provided NAV and share p...

Triple Point Social Housing REIT appoints new manager

The board of Triple Point Social Housing REIT has announced the appointment of Atrato Partners as the company’s new investment manager, replacing Trip...