‘Ugly duckling’ Ruffer sticks by market crash predictions July 23, 2024 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.
Why Lab-grown meat is a win for the UK’s investment industry July 17, 2024 With news today that the UK has become the first European country to approve the use of lab-grown meat, the investment industry should be taking this as a win.
Investors continue to buy Scottish Mortgage in bet on growth July 16, 2024 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
Baillie Gifford-run trust ditches £20m Rio Tinto stake over ESG concerns July 3, 2024 An investment trust run by Scottish asset manager Baillie Gifford has ditched its £20m stake in Rio Tinto, calling out the mining giant for inadequate ESG practices.
Tritax Eurobox extends bid deadline as other interest parties emerge July 2, 2024 The deadline for Brookfield Asset Management to make a formal offer for the European real estate investment trust (REIT) Tritax Eurobox has been extended, as more companies were revealed to have expressed an interest in the trust.
Apax X sells stake in Spanish real estate platform to private equity firm Cinven July 1, 2024 The Apax X Fund, backed by investment trust Apax Global Alpha (AGA), has sold its minority stake in idealista, a Spanish online real estate classifieds platform, to private equity firm Cinven.
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".