Merian Chrysalis aims to soon be self funding as it raises £95m in latest placing
UPDATED: The investment trust had already announced it was jacking up its target on bumper demand
Investment Trusts
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Merian Chrysalis reveals investment targeted through £50m fundraise
US branding business represents investment trust’s first foray outside Europe
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Spate of contrarian investment trust IPOs after coronavirus drought stuns investors
Half of the total £900m being targeted is in out-of-favour UK equities
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Schroders trust stung by ex-Woodford unquoteds as Covid crisis delivers £37m in writedowns
NAV slumps 8% after the value of the trust’s unlisted assets falls to £390m
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Jupiter to shut Richard Buxton’s UK Growth trust
Assets had continued to dwindle since being taken over by Buxton
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Brexit investment trusts now chasing £450m as Buffettology becomes latest IPO
Keith Ashworth-Lord unfazed by rivals as wealth managers indicate support for his first closed-ended fund
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Schroders plans £250m UK public/private trust less than a year after landing Woodford mandate
Schroder UK Public Private co-manager Tim Creed jumps on board for trust with similar investment universe
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Dunedin Income Growth adds co-manager as Louise Kernohan defects to BNY Mellon IM
ASI UK equity income investment trust reveals changes in its update for H1 2020
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Murray Income ditches SJP in overhaul ahead of Perpetual Income & Growth merger
Board tucks into reserves to maintain rising dividend even as ASI warns of 14% decrease in portfolio income
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Temple Bar applauded for sticking with value as Alastair Mundy exits and RWC takes over
Ninety One reportedly had high hopes of keeping mandate despite star manager leaving for teaching career
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Paul Marriage seeks £100m for patriotic investment trust in barren year for IPOs
Tellworth British Recovery & Growth Trust becomes only the second investment company launch in 2020
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SDL’s planned Buffettology investment trust hires four directors
Former Franklin Templeton fund manager among appointees