Hipgnosis Song Management calls Shot Tower report ‘inaccurate and misleading’
Investment adviser will ‘respond to the company’s board in due course’
Investment adviser will ‘respond to the company’s board in due course’
Disposals will reduce the trust’s loan-to-value ratio by 2%
Also concludes HSF held a ‘conflicted position’ when recommending the sale of 29 catalogues to shareholders
Redress to be paid out today, almost five years on from fund’s initial suspension
Trust will now pursue a managed wind down instead
Ayaz Ebrahim had been at its helm since July 2020
Article 8 fund will invest in a portfolio of 60 to 80 stocks
The equity UCITS strategies were launched due to the changing business models of clients
99.89% of votes were in favour of closure at a general meeting
63% of advisers believe volatility from central bank decisions and elections could threaten returns
Bi-annual report comprises 122 funds in total
Markets ‘ironically’ focusing too much on inflation prints and not long-term factors driving the data