Jupiter UK Growth board puts Richard Buxton’s takeover on ice for a month
Jupiter meeting to approve Merian acquisition has been pushed back to 21 May due to coronavirus
Investment Trusts
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Alastair Mundy takes leave from Ninety One portfolios
Fellow value managers to take over portfolio duties as Mundy takes leave for health reasons
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Michael Lindsell reassures investors Lindsell Train salaries will take a hit
Lindsell Train Investment Trust NAV takes a 7% hit as fund house valuation falls amid Covid-19 fallout
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Ruffer portfolio rises over 4% as defensive positioning pays off
Fund managers add to gold and linkers on expectation of central bank impotence
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Fundsmith EM trust adds two names on coronavirus share price falls
Feet discount neared 20% last month but NAV significantly outperformed
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Invesco trust assets shrink to £1bn as Mark Barnett loses second mandate
Perpetual Income & Growth and Edinburgh investment trusts collectively represented £1.5bn
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Smithson reveals stocks that have aided its coronavirus outperformance
Fundsmith investment trust delivers less than half the 23% falls seen in the MSCI index
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Nick Train and Michael Lindsell vow to keep buying trust shares at discount
Lindsell Train manager says recent purchases are not a futile attempt to calm shareholder nerves
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Coronavirus creates information delay for shareholders of ex-Woodford trust
Schroder UK Public Private Trust postpones results and shakes-up NAV reporting
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Temple Bar ramps up cash to address gearing as shares halve
Alastair Mundy sells down least cyclical holdings to build up £130m cash position
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Surging UK equity income fund yields set to fall back down to earth on scrapped dividends
Managers warn a fifth of income could be swiped as £3bn worth of dividends cut
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REITs face same uncertainty that prompted raft of property funds suspensions
Schroder REITs confirm coronavirus will mess with their next NAV updates