Hipgnosis rival suitors ‘could not justify’ paying higher price than Blackstone-backed bid
$440m (£359m) bid for a fifth of the trust’s portfolio to be voted on this week
Investment Trusts
-
-
Q&A with Temple Bar’s Ian Lance: Why it’s time for value to shine
We ran some questions past Ian Lance, co-fund manager of Temple Bar Investment Trust
-
Stifel analysts warn of ‘breakdown’ between Hipgnosis board and manager as trust launches strategic review
Ahead of looming continuation vote
-
JP Morgan’s Elliott: What will it take for investment trust discounts to narrow?
The investment companies sector is enduring another tough year
-
Abrdn proposes merger of Smaller Companies and Shires Income investment trusts
ASCI’s average discount over the last 12 months stands at 13.2%
-
AVI urges Hipgnosis shareholders to vote against ‘truly dreadful’ proposed portfolio sale
And will vote against continuation at 26 October AGM and EGM
-
Hipgnosis Songs scraps dividend after hit to expected royalty payments
Retroactive payments plummeted 54% to $9.9m (£8.1m) following an industry-wide decision by US Copyright Royalty Board
-
Q&A with Fidelity’s Nitin Bajaj: Contrarian opportunities in Asia
The Fidelity Asian Values portfolio manager answers our questions
-
Regional Reit appoints ARA as investment adviser
Appointment takes immediate effect
-
Cash funds and passives dominate Hargreaves Lansdown charts
Five L&G passive funds in top ten
-
Henderson Diversified Income and High Income trusts to merge in a bid to narrow discounts
Shareholders will vote on the plan in January 2024
-
Mid Wynd switch to Lazard Asset Management completes
Lazard will waive fees for three and-a-half months amid initial portfolio changes