Former Woodford holding Crystal Amber to wind down within two years
Only a slim majority of shareholders were in favour of keeping the £130m activist investment trust afloat
Investment Trusts
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Alasdair McKinnon delivers valedictory ahead of £1.5bn Scottish Investment Trust merger
‘There are many lessons to draw but perhaps the most striking is that change is constant’
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Fate of Gresham House Strategic sealed as shareholders vote to wind up troubled trust
Shareholders overwhelmingly green-light proposals put forth by former manager Gresham House AM
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Lindsell Train bagged £14.5m of performance fees with gilt benchmark
‘For any investment trust that has a performance fee, the measure of success should be fair’
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Majedie’s value plunged 19% ahead of Liontrust deal
Majedie Investments writes down value of holding due to Covid outflows and pulled mandates
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Sequoia trust questions government actions as value of collapsed energy supplier halves
Bulb Energy has become the first supplier to be put through the special administration regime
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Chrysalis falls short of £125m placing target as Omicron jitters bite
Managers Watts and Williamson raised £300m in an oversubscribed placing in March
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Ruffer dials up protection as Fed says inflation not transitory
Equity and credit markets as vulnerable as they have been since the market falls of March 2020
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Monks underperforms in first results since Charles Plowden’s exit
Managers say pandemic has triggered ‘an avalanche of change’ which is not yet fully understood or appreciated
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Could rising rates finally see the stars align for specialist financial funds?
Polar Capital Global Financials Trust has doubled in price since pandemic tender offer slashed its total assets
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Schroders trust rises week after sell rating due to deal on Woodford holding
Investec downgraded Schroders UK Public Private due to concerns over inherited holdings like Rutherford Health
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Ruffer raises less than a quarter of the £170m it was seeking from share issue
Investment trust board remains confident in investment philosophy targeting steady, positive annual returns in all conditions