Saba looks to oust boards of seven investment trusts
Activist Saba Capital clears up months of mystery over its intentions, calling for general meetings at seven trusts including three at Baillie Gifford and two at Janus Henderson.
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Activist Saba unleashes campaign against seven investment trusts
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.
QuotedData’s morning briefing 18 December 2024 – TMI, RGL, SERE, CATCo
In QuotedData’s morning briefing 18 December: Taylor Maritime Investments (TMI) has released its interim results for the six months to 30 September 20...
Phoenix Spree looks to wind down after lender agrees ramped-up sales
The board of Berlin property fund Phoenix Spree Deutschland reveals it failed to find a cash buyer for the firm but can now speed up sales of its flats in the German capital.
JPMorgan Japanese rides corporate reform wave to beat Topix rally
Fund managers Nicholas Weindling and Miyako Urabe have more than doubled the Topix index return despite their quality growth style being out of favour in a value market.
Ecofin US Renewables forced to accept cut-price sale of solar assets
Restructuring specialist Brett Miller helps board of subscale fund decide whether it should replace its fund manager or complete a wind-down on its own.
Foresight Environmental solar sale puts £20m dent in debt
Looking to recover from last month’s write-down of a German investment, the diversified renewables fund sells its rooftop solar installations.
Utilities shine for Ecofin Global Utilities and Infrastructure, driving banner year
Ecofin Global Utilities and Infrastructure Trust (EGL) announced its annual results for the year ended 30 September 2024. The company delivered an imp...
Landsec acquires Liverpool ONE for £490m
Land Securities has acquired a 92% stake in Liverpool ONE, one of the premier shopping centres in the UK, from the Abu Dhabi Investment Authority (ADI...
Phoenix Spree Deutschland commences realisation programme with initial €75.9m sale
Phoenix Spree Deutschland has commenced a realisation programme that will see it sell down its portfolio of Berlin residential assets and return capit...
QuotedData’s morning briefing 17 December 2024 – GSCT, SRE
In QuotedData’s morning briefing 17 December 2024: The Global Smaller Companies Trust (GSCT) announced its interim report for the six months to 31 Oct...
Asia: The global growth engine that is home to strong dividend stocks
Abrdn Asian Income Fund manager Yoojeong Oh identifies the factors behind the region’s profusion of growth companies paying good dividends.
