Coronavirus weekly round-up: Google joins $2trn club, Elon Musk dumps Tesla shares and UK growth slows
Three investors mull the events shaping portfolios over the past week
Investment
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AVI calls for Third Point director to be ousted amid row over discount control
Activist shareholder retaliates after board of Dan Loeb’s UK feeder fund rejects proposals to narrow its discount
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Property funds warn landlords over stranded assets risk
Massive capex bill coming as most UK assets fail to meet impending EPC standards
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Pantheon impresses with £400m raised for infrastructure investment trust
Private equity specialist will target up to 10% annually
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M&G adds to private assets with £19m investment in self-driving tech start-up
Follows fund group’s investment in Oxford Nanopore pre-IPO and pair of early-stage carbon capture and storage companies
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Ruffer sails past FTSE All Share as inflation hedges deliver
Gold, energy companies and inflation-linked bonds push the trust’s shares up 5% in October
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II places Lindsell Train Japan fund under review for performance issues
Michael Lindsell’s fund has lost investors 9% in one year while the Topix has risen 25%
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Majedie slams deal to take Daily Mail owner private as ‘substantially below’ fair value
Manager Chris Field says DMGT is worth double what the Rothmere family are willing to pay
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Scottish Mortgage spikes 25% as James Anderson moves into the final lap
Moderna replaces Tencent as £22bn trust’s largest holding
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Gresham House Strategic to be wound up after board review crumbles
Trust’s board accepts that almost half of shareholders agree with former portfolio manager’s demand to liquidate portfolio
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All that glitters is not gold… it’s silver too
Fund managers and buyers are split on the white metal for now but see longer term prospects as a renewable play
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UK govt seeds its first ever investment trust with £25m for EM infrastructure
ThomasLloyd is targeting a £250m IPO for its Energy Impact Trust
