The AIC: IT-focused investment companies and UK trusts tipped to be top performers in 2024
AIC takes poll of investment trust managers for 2024
Investment Trusts
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Picton Property Income merger off after major shareholder rejects deal
Trust’s board was in talks with UK Commercial Property Reit over a potential combination
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Tech funds tops returns in ‘risk-takers’ November
Growth strategies, including Baillie Gifford American, enjoyed a strong month for returns
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The ‘gruffalo’ in the room?: FCA releases interim measures to protect trusts from cost disclosure regulation
Regulators acknowledges that requirements ‘may not result in representative cost information being published’ for investment companies
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Indonesia throws off ‘Fragile Five’ tag
Indonesia is starting down an exciting economic development path so its companies should enjoy a natural tailwind, argues Emily Fletcher
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Troy to combine income and growth trusts
Troy Income & Growth will merge into the STS Global Income & Growth, subject to shareholder approval
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Fidelity and Abrdn line-up £1.2bn China trust merger
Abrdn China Investment Company (ACIC) is being wound up
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‘Cutting away the fat’: Investment trust selectors ‘applaud’ decision of Chrysalis’s board
Chair Andrew Haining told Portfolio Adviser that the move provides ‘a better structure’ to shareholders
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Chrysalis to leave Jupiter and poach managers to create new entity
Investment company is currently trading on a 49.6% discount to net asset value
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Kepler: Edinburgh IT’s succession plan ‘one of continuity’ in run-up to de Uphaugh’s retirement
Kepler analysts expect the investment company’s discount to narrow over time
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Hipgnosis and founder hit with legal claim over alleged ‘diversion of opportunity’
Claim made by Hipgnosis Music Limited
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Treasury’s cost disclosure promise in Autumn Statement ‘welcome’ but pace of change ‘disappointing’
Baroness Altmann warns that a ‘rapid rate of change’ is required
