Embark cements asset manager links in £40m funding round
Blackrock and Legg Mason partnerships turn into strategic investments
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Investment Trusts
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WPCT chair exits board of company held by Woodford
Susan Searle cites time commitments elsewhere as she leaves Mercia
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Jupiter trust looks into sticking by Darwall as he announces surprise exit
European equities star to set up his own boutique
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IA’s long-term asset funds fail to impress closed-ended devotees
75% of fund selectors prefer closed-ended funds for illiquid assets
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Lindsell Train shines spotlight on its ‘obvious’ succession risk
Michael Lindsell ponders his own mortality as trust hits 90% premium
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Merian Chrysalis manager takes short period of leave
UK smaller companies expert due to return at the end of September
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Nick Train anticipates period of poor performance for his trust
No surprise if such a highly concentrated portfolio hits the skids ‘at some point’
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Edinburgh board scrutinises Barnett as performance continues to lag
Woodford protege has been in the spotlight as his former mentor comes under fire
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Terry Smith continues buying Feet shares after stepping back
Emerging markets trust currently trades at a 6.2% discount
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Lindsell Train silent on £2.4m performance fee as it cuts charges
Global equities investment trust uses bond benchmark to calculate performance fee
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Woodford trust tumbles as board breaks ‘deafening’ silence
‘They’ve stopped short of an unequivocal statement of confidence in the manager’
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Woodford trust rattled by shared holdings with open-ended fund
Three quarters of Patient Capital holdings also sit in gated Equity Income fund