Abrdn set for FTSE 100 return
Its share price is up over 40% this quarter following a recovery in investor confidence
Its share price is up over 40% this quarter following a recovery in investor confidence
With moves for NextEnergy Solar Fund and Warehouse Reit also on the cards
Edinburgh fund group will have four trusts in the index, while Scottish Mortgage remains in the FTSE 100
As Supermarket Reit inches towards the mid cap league in latest quarterly reshuffle
FTSE Russell ousting Evraz and Polymetal International along with two other firms
Performance of the investment trust has vastly improved since RWC takeover
£711m trust has delivered over 40% outperformance in the year to date
Asset management boss tells Portfolio Adviser why the index promotion is relevant to intermediaries
Investment trusts account for over a quarter of the mid-cap index
The entry of Transact parent Integrafin into the FTSE 250 index has been described as good news for rival platforms and wealth managers considering a listing.
The discount on the Woodford Patient Capital investment trust could widen on its likely ouster from the FTSE 250, due to be announced next week.
City of London Investment Trust failed to beat the FTSE All-Share Index over the half-year, as Provident Financial and a low exposure to the mining and oil sectors weighed heavy on performance.