Shot Tower Capital confirms Hipgnosis valuation amid damning due diligence report
Also concludes HSF held a ‘conflicted position’ when recommending the sale of 29 catalogues to shareholders
Funds investing in Asia, Greek real estate and the medical use of cannabis in the US all feature in a fairly oddball list of the top-performing investment trusts in the second quarter of 2018. Sitting alongside these are an emerging markets trust that started being wound up four years ago and a realisation vehicle pegged…
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Also concludes HSF held a ‘conflicted position’ when recommending the sale of 29 catalogues to shareholders
Glavin spent over 16 years at State Street Global Advisors
Redress to be paid out today, almost five years on from fund’s initial suspension
451 properties sold since August 2023
Trust will now pursue a managed wind down instead
Reunites with Newton CEO Euan Munro