Cost disclosure campaign steps up calls for trusts to be removed from AIFMD
114 co-signatories, including AIC CEO Richard Stone, have backed calls for cost disclosure reform
114 co-signatories, including AIC CEO Richard Stone, have backed calls for cost disclosure reform
The £3.4bn trust outperformed global markets despite an underweight to the Magnificent Seven – and no exposure at all to Apple and Tesla
19% of these strategies are lead-managed by women while 55% adopt a team-based approach
Amid the FCA’s investigation into the investment company
The trust’s share price has collapsed by 65% from £1.61 to 56p over the last year
The trust will repay £115m in the first half of the year, but the remaining £188.8m may not fully mature until 2029 at the earliest
Gravis’s Bill MacLeod explains how a FinDaTex tweak could prevent double-counting of investment company costs
The trust sector has seen increased M&A in recent times, while investors have highlighted concerns over illiquid, sub-scale funds
Sales of investment companies overtook purchases by £53m
Custodian board expects API to maintain its recommendation for all-share merger
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
Custodian had proposed an all-share merger with API in January