Seraphim Space investment trust manager sells assets to itself to unlock value April 22, 2024 Seraphim Space investment trust has sold its stake in all nine of its early stage companies to a new venture capital fund managed by Seraphim.
Hipgnosis board approves £1.1bn Concord takeover offer April 18, 2024 Concord, which is controlled by Alchemy Copyrights, has proposed to buy Hipgnosis in a deal valued at $1.4bn (£1.1bn).
UK markets are ‘generationally mispriced,’ says youngest investment trust manager April 15, 2024 Laurence Hulse, manager of the Onward Opportunities trust, led the first float of an investment trust since 2021 last year.
Investment platforms blocking the purchase of investment trusts risk creating ‘another Woodford’ disaster April 14, 2024 DIY platforms like AJ Bell, Hargreaves Lansdown and Interactive Investor have been caught blocking the purchase of investment trusts.
Polar Capital sees ‘positive momentum’ as market returns offset outflows for the fund manager April 11, 2024 Polar Capital, the specialist fund manager, has reported an uptick in assets under management (AuM) in the last quarter, as well as a period of net inflows, as it expects investors to seek more exposure to improving global equity markets.
Spring Budget 2024: Investment trusts push for fee disclosure changes March 4, 2024 The issue of fee disclosure has long been an issue for the sector, with the Association of Investment Companies (AIC) leading the charge against this 'double dipping'.
Digital 9 Infrastructure lays out plans to shutter trust February 28, 2024 The board of embattled investment trust Digital 9 Infrastructure has today laid out plans to wind down the company.