Future of India Capital Growth Fund in doubt
Board faces a choice between winding up or taking ‘strong measures’ on underperforming investment trust
Investment Trusts
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Perpetual Income & Growth says ‘patience ran out’ with Mark Barnett as it hunts for a replacement
Investment trust board says it expects to appoint a replacement UK equities manager over the summer
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Witan dumps Crux and SW Mitchell as it exits all European funds
The two fund houses had been collectively running £200m for the investment trust at the end of 2019
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Rathbones halves its 9% stake in Jupiter trust as Richard Buxton takes over
Renowned fund manager is running investment trust money again for first time in seven years
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Terry Smith successors dial up concentration in emerging markets trust
Fundsmith Emerging Equities Trust lost investors 7% compared with benchmark gains of 14% in 2019
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Boutique manager initiates large stake in ex-Woodford trust as Link exits
Closed-end fund specialist now owns a 7.9% stake in Schroder UK Public Private
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Link sells remaining stake in former Woodford investment trust
ACD had already halved the weighting in the LF Equity Income fund last week at a 74% loss
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Woodford investors nurse 74% losses from liquidity trick employed before suspension
Link sells equity income fund’s stake in the former Woodford Patient Capital Trust at significant discount
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Schroders trust warns former Woodford holdings it will not be an ‘endless source of capital’
Over a quarter of the portfolio is expected to need further financing within the next two years
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Allianz GI admits to ‘unfortunate’ timing of Lucy Macdonald podcast launch
Brunner Investment Trust podcast featuring Lucy Macdonald was promoted days before she stood down as manager
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Allianz GI global equities boss makes surprise exit in management reshuffle
Allianz GI management team has taken over the Brunner Investment Trust but for how long?
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Nick Train describes Covid-19 as most distressing period of four-decade career
Finsbury Growth and Income manager outlines how he will participate in ‘burst of hedonism’ on other side of the crisis