API asset sale ‘casts doubt’ on merits of Custodian merger
QuotedData analysts argue that a managed wind-down should be preferable
Investment
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UK model portfolio purchases outstrip overall fund sales
Tatton Investments ranks as best-selling model provider for the period
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98% Custodian REIT shareholders approve merger with Abrdn Property Income Trust
One day after Urban Logistics urged shareholders to vote against it
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Scottish Mortgage unveils largest ever trust buyback programme
Analysts react to the minimum £1bn programme as SMT looks to narrow discount
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Andrew Bell retires from Witan triggering management review
The £1.5bn trust will review its multi-manager strategy as Bell leaves after 14 years as CEO
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Hipgnosis valuation reduced further 7.6% following double-counting error
Operative NAV reduced to 85.02p per share from 92.08p
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Urban Logistics urges API shareholders to reject Custodian merger
Ahead of shareholder meetings on 27 March
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Ark Invest’s Cathie Wood: Fed hiking cycle ‘one of the biggest mistakes in monetary policy history’
Ark CEO believes the central bank should be concerned by deflation, not inflation
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LSEG Lipper: ETF value breaks £1trn on London Stock Exchange
Equity ETFs bring in £8.8bn in February while bonds drop £1.7bn
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The income-generating trust sector trading at ‘ridiculous discounts’
Infrastructure trusts are trading at steep discounts, but could be overdue a re-rating
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Morningstar: Active managers find value in fixed income but passives still favoured
According to Morningstar’s latest Active/Passive Barometer report
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Janus Henderson: Global dividends reach yearly record $1.66trn
Payouts up 5% on an underlying basis in a record year in 2023