Artemis wins Invesco’s underperforming UK small-cap trust
The trust’s shares soften 1% as the board announces Artemis’ surprise appointment, persuaded by lower fees, a strong track record and the promise of significant skin in the game.
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More details published on Invesco Asia / Asia Dragon combination
Invesco Asia and Asia Dragon have published circulars ahead of the proposed combination of the two trusts. The combination will be undertaken through ...
Trusts acknowledge Saba requisitions – aim to see off vulture investor
Baillie Gifford US Growth says: “The board considers these proposals to be fundamentally without merit, and in contravention of shareholder interests ...
Harmony Energy has a preferred bidder for its assets
Harmony Energy Income Trust has issued a positive update on its asset sale process. The company announced on 30 April 2024 that it had engaged Jones L...
Jupiter Green headed for the exit
On 25 July 2024, the company as part of its annual results announced that the board was currently evaluating options for the future of the business in...
Invesco Perpetual UK Smaller Cos switches manager to Artemis
Invesco Perpetual UK Smaller Companies Trust has reviewed its investment management arrangements and decided to appoint Artemis Fund Managers, where M...
QuotedData’s morning briefing 19 December 2024 – HGT, TENT, ENRG, CLDN
In QuotedData’s morning briefing 19 December 2024: Hg Capital Trust says a recapitalisation of The Citation Group adds about £3.5m to its NAV or 0.8p ...
I left Korea the day martial law was declared
Abrdn Asian Income fund manager Yoojeong Oh reflects on the impact for South Korea from president Yoon Suk Yeol's brief declaration of martial law on 3 December.
The impact of Korea’s martial law moment
Abrdn Asian Income fund manager Yoojeong Oh reflects on the impact for South Korea from president Yoon Suk Yeol's brief declaration of martial law on 3 December.
Saba eyes activist fund launch in campaign against seven trusts
Update: US hedge fund clears up months of mystery over its intentions, calling for meetings to oust the boards at seven trusts it accuses of failing shareholders. These include three at Baillie Gifford and two at Janus Henderson.
Saba Capital launches campaign “to deliver value” to shareholders of seven UK-listed investment trusts
Saba Capital Management has announced that it has requisitioned the boards of directors of Baillie Gifford US Growth Trust USA), CQS Natural Resources...
Downing Renewables & Infrastructure trust realises strong gain on wind farm sale
Downing Renewables & Infrastructure trust announced the completion of the sale of DORE’s entire interest in Gabrielsberget wind farm in Sweden to Ange...
