Former Woodford biotech stock on the frontlines of Covid raises £84m
LF Equity Income has already ditched the unquoted company but Schroders trust set to benefit
Equities
-
-
Nick Train initiates stake in Experian as investors fret over ‘expensive’ stocks
Credit data company is more expensive than US rivals with a P/E ratio of 37.52
-
Which UK value favourites were among the 10 worst-performing funds in September?
Fears of a second lockdown and messy Brexit negotiations spook investors
-
Investment industry unsurprised as Tellworth’s Brexit Britain trust fails to IPO
‘Investors are likely to be wary of backing a launch only to find themselves with an illiquid holding’
-
‘Mind boggling’ Woodford wind-up fees show system needs overhauling
‘The only winners are often those able to charge fees against a fund in distress’
-
Merian Chrysalis aims to soon be self funding as it raises £95m in latest placing
UPDATED: The investment trust had already announced it was jacking up its target on bumper demand
-
Liontrust purges look set to continue as Stephen Bailey funds wind up on the chopping block
FTSE 250 fund house currently has 16 sub £100m funds
-
Hargreaves clients suffer £400m hit from Woodford as execs enjoy bonuses
Total losses of £1.4bn in the LF Equity Income fund ‘cannot be put down to a Covid effect’
-
Alister Hibbert steps back from Blackrock European Dynamic to focus on long/short
Protege Giles Rothbarth will takeover £4.5bn fund along with its Sicav equivalent
-
Spate of contrarian investment trust IPOs after coronavirus drought stuns investors
Half of the total £900m being targeted is in out-of-favour UK equities
-
Trapped Woodford investors told they have longer to wait after being hit with £16m wind-up bill
Link admits investors might not see their money back until mid to late 2021
-
Franklin Templeton follows footsteps of Mark Mobius with sustainable EM strategy
Both strategies pro-actively engage with developing market companies to improve their ESG credentials