Polar Capital Tech’s Rogoff: ‘Concentration risk remains elevated’
Shares soared 50.5% over the past year, but more than half its assets were concentrated in 10 stocks
Investment Trusts
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Home Reit proposes wind-down amid debt repayment issues
Size of the trust may be too small for some investors once its £114.6m debt has been paid down, the board said
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Hipgnosis shareholders approve $1.58bn sale to Blackstone
99.97% of votes cast were in favour of the deal
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Investment trust industry calls on Labour to resolve cost disclosure issue
AIC chief executive Richard Stone says resolving the issue of double-counting could be an early win for the new government
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Scottish Mortgage buybacks: ‘We’d rather be spending that money on new investments’
The trust is spending £40m a week on buybacks, following £311 payout to halve ‘uncomfortable’ stake held by Elliott
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Monks: Analysts weigh in after trust lags benchmark for third successive year
Monks share price return for the year to 30 April matches FTSE World Index at 19.1%
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Home Reit loan fee rises to 7%
Lender Scottish Widows revised terms from 5% after Home Reit’s failure to secure refinancing
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Merck Mercuriadis to step away from Hipgnosis Song Management
Founder and chair will step away upon completion of Hipgnosis Song Fund’s sale to Blackstone
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AIC: Seraphim Space tops investment trust performance in H1
While Technology & Technology Innovation was the best performing sector in the first six months of the year
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Regional REIT launches £110m capital raising to avoid potential August liquidation
The trust needs to pay its £50m retail bond liability by the 6 August 2024
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Witan Alliance merger ‘best-fit outcome’, but questions raised over WTAN’s trust holdings
Some 8% of Witan’s portfolio is invested in other trusts
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Alliance Trust joins forces with Witan in UK’s largest-ever investment trust merger
The merger is the result of Witan CEO Andrew Bell’s impending retirement
