The first trust in a year just debuted – and it’s aiming for £500m May 29, 2024 The first public listing for a trust in over a year has unveiled its initial public offering prospectus and is aiming to raise £500m. Special Opportunities REIT (real estate investment trust), an internally managed REIT, said it would look to debut on the London market next month in the largest REIT IPO in well over [...]
Nick Train: We ‘acknowledge and apologise’ for our poor performance May 28, 2024 Nick Train, manager of one of the largest funds in the UK, has apologised for his poor investment performance, blaming the "malaise gripping the UK equity market".
US Solar Fund survives vote to kill trust May 22, 2024 In the trust's annual general meeting yesterday, 35.4 per cent of investors voted for it to wrap up.
Regional REIT posts steady earnings amid wider uncertainty May 22, 2024 Property investment trust Regional REIT posted a solid performance in the first quarter of this year, with rent income, collection rates and property value all staying steady despite ongoing uncertainty.
Georgia Capital begins share buyback following country’s protests May 17, 2024 Georgia Capital has moved to reduce the gap between its share price and underlying net asset value.
Polar Capital Healthcare trust rockets to success thanks to strong stock selection May 16, 2024 The trust performed much better than the previous year, where it grew only 4.2 per cent, thanks to strong stock selection and managing to outperform an already booming healthcare market.
Hydrogen-focused investment trust finds success in private companies May 8, 2024 Hydrogenone Capital Growth, the investment trust focused on cash into clean hydrogen, has reported a strong performance of its underlying holdings, even though its share price has struggled. The trust’s net asset value (NAV) has grown 0.6 per cent since the start of the year, and 3.6 per cent since March 2023, it reported in [...]
Investment trust body calls for Treasury to fix unnecessary rules costing billions May 8, 2024 The rules around investment trust disclosures are costing the economy billions in lost investment.
Small trust worth £30m moves in for £600m Abrdn Asia Dragon May 7, 2024 In a stock exchange announcement, Ashoka's trust said it had put forward a proposal to merge the two trusts, with the option of a cash exit of up to 50 per cent for Asia Dragon shareholders.
Meet the Fund Manager: Stephen Yiu talks Meta, Nvidia and AI boom May 1, 2024 In this weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Stephen Yiu, manager of the Blue Whale Growth fund.