Warehouse REIT reports double-digit rental growth as race for space heats up property Warehouse REIT was able to push through average rent hikes of more than 15 per cent over the last quarter, but the trust’s stock price has failed to keep up. In a quarterly trading update, the trust said it had inked 12 new lettings during the second quarter of this year, bringing in £515,000, a [...]
‘Ugly duckling’ Ruffer sticks by market crash predictions Investment The £1bn 'ugly duckling' Ruffer Investment Company has reported a tough year after making wrong calls about the path of the economy, but analysts hope that the long-term bets made by the trust will pay off.
Investors continue to buy Scottish Mortgage in bet on growth Investment UK investors continue to be drawn to growth-focused investment trusts like Scottish Mortgage and JP Morgan Global Income & Growth.
Investment trust industry urges Labour to win ‘early success’ on cost disclosure rules July 8, 2024 The investment trust sector has called for the incoming Labour government to scrap "misleading" cost disclosure rules on the sector that it says are hampering its performance.
Downing Strategic Micro-Cap hits back at activist investor attempt to ‘thwart’ wind-down July 8, 2024 Activist investor Milkwood Capital has been condemned by an investment trust it is targeting for an attempt to thwart its pursuit to shutter.
Investment trusts dropping like flies as mergers hit all-time high July 4, 2024 The total number of investment trust mergers has already hit an all-time high this year, with six acquisitions going ahead in 2024
3i Group: Dutch supermarket Action continues strong performance June 27, 2024 3i Group, the country's largest investment trust, has reported its main holding Action has "continued to perform strongly".
Alliance Trust and Witan Investment Trust agree to merge in sector’s largest deal to date June 26, 2024 Two massive investment trusts have agreed to the largest merger from the sector ever, as Witan investment trust is set to be rolled into Alliance trust.
Warehouse REIT completes £57.5m of sales to reshape portfolio and boost dividends June 24, 2024 Warehouse REIT, the real estate investment trust, has completed £57.5m worth of sales as it looks to reshape its portfolio and increase its dividend coverage.
Nick Train rakes in £16m despite fund’s poor performance June 4, 2024 Despite publicly apologising for the poor performance of his fund, Nick Train has been raked in millions from running his trust.