Saba Capital to exit ESCT through tender offer
European Smaller Companies Trust will launch a tender offer for up to 42.5% of its shares after talks between the board and Saba
Author: Christian Mayes
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LondonMetric tables £674m bid for Urban Logistics REIT
17% premium to SHED’s share price
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Neil Woodford to launch investment strategy platform
Woodford resurfaced last year following the collapse of the Woodford Equity Income fund in 2019
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AXA IM appoints US equity portfolio manager
Gordon Happell joins after 10 years at Columbia Threadneedle
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Fed has ‘no room for complacency’ as US inflation falls to 2.4%
Fall from 2.8% ‘smooths the way’ for interest rate cuts in the coming months, says Principal AM’s Seema Shah
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Nikhil Rathi reappointed as FCA chief executive
Rathi took up the role in October 2020
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Markets rise in relief on Trump tariff pause
S&P 500 rose 9.5% to record its best single day trading since 2008
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Chikara names portfolio manager on CC Japan Income & Growth Trust
Wyld has been promoted to portfolio manager/analyst on the investment trust and its sister fund
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AllianzGI announces public markets CIO as equities head exits
Michael Krautzberger will become CIO of public markets, while equity CIO Virginie Maisonneuve has decided to leave the firm
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Amundi expands US equity range with new S&P 500 Equal Weight ETF
Amundi S&P 500 Equal Weight UCITS ETF charges management fees of 0.12%
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Markets fall further as US/China trade war escalates
Imposition of additional tariffs sends another ‘jolt of pessimism’ through markets
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WisdomTree launches 3x Leveraged European Defence ETP
Follows the launch of the WisdomTree Europe Defence UCITS ETF last month