Scottish Mortgage buybacks: ‘We’d rather be spending that money on new investments’
The trust is spending £40m a week on buybacks, following £311 payout to halve ‘uncomfortable’ stake held by Elliott
The trust is spending £40m a week on buybacks, following £311 payout to halve ‘uncomfortable’ stake held by Elliott
Aegon’s Komulainen has called on fund managers to vote against climate transition plans at Shell’s AGM
Trust trading at 12.1% discount to NAV
Finsbury Growth manager had envisaged a full takeover of the club rather than a minority sale
Investment adviser’s call option a ‘structural conflict’, the trust’s board said
Second largest shareholder voted to discontinue
Board to put forward proposals for ‘reconstruction, reorganisation or winding-up’
Given the Home Reit saga and TLEI’s suspended shares, PA looks at governance concerns in the investment trust space
Key events for UK wealth managers for the week starting 24 July