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Ex-Laxey activist pops up at Abrdn Property to demand wind-down
Abrdn Property Income’s sale of two holdings at asset value convinces former Laxey Partners activist Andrew Pegge it should wind down slowly and not sell at steep discount to rival Custodian.
Tough year for trusts sees record buybacks and rush of board action
Deep discounts and difficult conditions prompted a raft of corporate action from investment companies, including buybacks, liquidations, mergers and manager changes.
David Stevenson: Three fantastic ‘frontiers’ funds
If global emerging markets aren’t fit for purpose, as I suggested last week, what about single country funds investing in Georgia, Cuba and sub-Saharan Africa?
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