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M&A and buybacks remove £3.9bn from trusts in first quarter
Net outflows from the investment company sector have accelerated with the amount of capital withdrawn nearly equalling last year’s £4.2bn, says JP Morgan Cazenove.
Law Debenture: Buy into this unique trust while its shares are depressed
The investment trust's unique combination of an UK investment portfolio run alongside a collection of specialist financial services businesses has impressed us for a long time.
Nick Train: ManU scores a goal with deal, but checks still required
Speaking at the Finsbury Growth & Income AGM, Train told investors he would have preferred a 100% equity transaction, but welcomed Jim Ratcliffe's accepted offer at a 60% premium.
Nick Train: Man U scores a goal with deal, but checks still required
Train tells investors at the Finsbury Growth & Income AGM that he would have preferred a 100% equity transaction, but welcomes Jim Ratcliffe’s accepted offer at a 60% premium.
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