Chrysalis set for ‘material uplift’ to NAV after top holding becomes £1bn unicorn
Comes shortly after £818m trust slips into the FTSE 250
Investment Trusts
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Scottish Mortgage two-day slump continues after Tesla sees shares pummelled
Managers James Anderson and Tom Slater sliced their stake in Elon Musk’s EV company to 5.1% at the end of January
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Chrysalis eyes new placing fundraise as it targets £1bn investment pipeline
Board believes placing will put trust in a strong position to take advantage of ‘compelling pipeline’
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Seneca Global Income & Growth Trust to rebrand following Momentum acquisition
Seneca Investment Managers was acquired by Momentum Global Investment Management in October last year
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AIC unveils three sectors to reflect changing India, China and property markets
‘Given the distinct characteristics of each of these areas, it makes sense to compare them like-with-like’
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Nick Train blames hedge fund ‘shenanigans’ for HL and Pearson share price volatility
Finsbury Growth & Income’s heavily shorted stocks shoot up during the Gamestop rally
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Annabel Brodie-Smith: What does 2021 have in store for investment trusts?
Investment companies showed resilience in the face of the pandemic, with assets smashing a record £229bn
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Schroders trust receives muted reception as it offloads ex-Woodford holdings at 20% discount
Sale is expected to knock an additional 3.2% off NAV
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Schroder British Opportunities trust realises 30% gain on first holding weeks after launch
Trainline and Gym Group among 26 holdings added to the portfolio in the seven weeks since IPO
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Scottish Mortgage managers dismiss notions £18bn trust is too big to take meaningful stakes in unquoteds
‘If there is a potential investor who can write the whole cheque… that is the phone call I will make first’
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Ruffer defends bitcoin holding amid FCA warnings on cryptocurrency
‘Think of bitcoin’s bad reputation as a risk premium’
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Former Woodford trust reveals last minute extension on £100m of debt
Schroder UK Public Private has now climbed 20% this week on its second bout of good news