Who will win the Abrdn property trust bidding war? March 14, 2024 The bidding war over the Abrdn Property Income Trust has reached new heights between Custodian Property Income REIT and Urban Logistics REIT.
GCP Asset Backed Income proposes shuttering trust March 14, 2024 The debt-focused trust's merger with GCP Infrastructure fell through in September after a "significant minority" of the trust's shareholders said they did not support it, leading to a strategic review.
Amati’s AIM-focused venture capital trust could ditch the growth market as performance plummets March 14, 2024 The venture capital trust, which launched in 2001, has seen its share price continue to shrink in recent years and credited this to "ongoing challenges in the AIM market."
Empiric Student Property earnings skyrocket thanks to student housing shortage March 14, 2024 Empiric Student Property reported strong earnings growth in 2023 as the number of full-time students in the UK reached over 2.2 million.
Smartspace: Another London firm looking to go private with £28.4m buyout offer March 14, 2024 Software company Smartspace has received a £28.4m buyout offer (90p a share) from Sign In Solutions, the firm said today.
When will Liontrust stop trying to buy companies? March 14, 2024 Liontrust has a problem – they can’t stop trying to buy companies. Majedie Asset Management, Neptune Investment Management, the infamous failed takeover of GAM – and now Artemis. Reports came out from the FT this week that Liontrust and Artemis had been in talks over an acquisition, which would have made it the eighth asset [...]
Tesco and Sainsbury’s landlord reports profit boom despite declining assets March 13, 2024 Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses March 13, 2024 Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England.
Chasing dividends? The data suggests the best place to look is the banks March 13, 2024 Global dividends rose five per cent last year to a record $1.66trn (£1.3trn), with almost half of the growth coming from banks.
