Ruffer trust to more than double its 2021 issuance with £170m raise
Jonathan Ruffer halved his stake in the investment trust several weeks ago
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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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7IM launches ESG calculator for advisers
‘Confusion around product types and areas such as impact vs return is still widespread’
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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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Colin Morton’s UK equities team transfers to Martin Currie
Morton will continue to lead Franklin Templeton UK equities team
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Omnis dumps Schroders for Western Asset Management on £600m bond fund
Schroders head of fixed income Paul Grainger had been running the global mandate
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Fundsmith changes its tune with new position in Amazon
Terry Smith has previously been critical of the tech giant’s ecommerce business
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Winterflood adds discounted Nick Train investment trust to recommended list
Finsbury Growth & Income Trust has this year delivered its weakest relative returns since 2007
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Alliance Trust increases dividends over 30% as it shuffles reserves
‘Alliance Trust is unusual in that it has a very large merger reserve’
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Junior Gold fund changes name and ACD as silver weighting climbs
Silver now accounts for 40% of the portfolio due to growing industrial demand for the metal
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Abrdn confirms £1.6bn merger of UK property funds
Both funds have been losing money since reopening in November 2020 after Covid-induced suspension
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Lindsell Train lauds Fevertree as investment trust lags benchmark
Nick Train’s fund house is the largest shareholder in the UK drinks business