The AIC: City of London most viewed trust as investors eye income
Seven of the 20 most-viewed trusts on the AIC website in 2023 were UK Equity Income-focused
Investment Trusts
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Londonmetric Property reaches agreement on terms for merger with LXi REIT
Merger set to create the UK’s fourth-largest REIT
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Abrdn Diversified Income and Growth will repay £115m in the first half of 2024
The trust will return some capital this year as it winds down, but shareholders may not see a full repayment until 2033 as private assets mature
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Interactive Investor: Interest rate-sensitive funds come roaring back in market rally
A potential end to monetary tightening has ricocheted rate-sensitive funds back into vogue
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‘Disclose: don’t double count’: Gravis calls on industry to provide feedback to Treasury
Consultation period ends on Wednesday 10 January
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Home Reit collects 12% of invoiced rent in December
Further 98 properties sold at auction for a total £26.5m
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Will Saba Capital succeed?
The hedge fund promises to disrupt the investment trust industry
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Octopus Renewables Infrastructure proposes merger with AERI
AERI board exploring a range of initiatives to address ‘issues facing the sector’
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Hipgnosis reports 9.2% NAV drop as it narrowly beats results deadline
Driven by a reduction in the fair value of the portfolio
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Home Reit shareholders progress compensation claim after portfolio revaluation
Harcus Parker has sent a letter of claim on behalf of over 250 claimants, including institutional shareholders
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Home Reit sees £564m wiped from portfolio value after reassessment
‘Very material reduction’ came as a result of external inspections
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LondonMetric Property and LXI Reit in talks over merger
LondonMetric has until 15 January to firm up its interest in the acquisition
