Alliance Trust raises dividend after turbulent year
Alliance Trust announced it is raising its dividend as it released its full year results this morning.
Investment Trusts
-
-
JPM named new manager of BlueCrest AllBlue
Highbridge Capital Management has been appointed manager of the BlueCrest All Blue Investment Trust, following a vote at Wednesday’s extraordinary general meeting.
-
Alliance Trust names new chairman
Alliance Trust has announced Robert Smith as its new chairman.
-
Woodford seeking more money for trust
Neil Woodford is seeking to raise more money for the Woodford Patient Capital Trust he launched last year.
-
GCP profit jumps 58% despite growing competition
Despite a 58% jump in full year profit, GCP Infrastructure Investment’s results for the year stuck a fairly down beat note.
-
AIC annual survey finds big drop in sentiment
The 2015 Association of Investment Companies annual poll of fund managers found significantly less optimism than last year, but those with a positive outlook were still in the majority.
-
Trust fundraising at record levels – AIC
Net fundraising and secondary issuance hit an all-time high in 2015, according to research from the Association of Investment Companies.
-
Train dragged down by Daily Mail, Pearson
Nick Train’s Finsbury Growth and Income Trust had a ‘disappointing’ November in large part due to the performance of the Daily Mail and Pearson, the manager said.
-
AIC creates flexible investment sector
The Association of Investment Companies has created a new flexible investment sector in a bid to further improve the comparability of open and closed ended funds.
-
Schroders launches European real estate fund
Schroder Real Estate has launched a European real estate investment trust that will be listed on the LSE and the Johannesburg Stock Exchange (JSE).
-
Monks’ NAV drops while Plowden hails growth stocks
Monks Investment Trust saw its NAV total return drop 3.5% during the six months to end October, while a drop in earnings per share (EPS) was blamed on this year’s management restructure.
-
Alliance Trust Chair Foreseke steps down
Alliance Trust has announced that Chair Karin Forseke will step down from the board on 1 January 2016.