Montanaro European Smaller Companies initiates strategic measures
The measures include introducing regular tender offers, an active share buy back policy, and reducing management fees
investment trust
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Achilles requisitions Urban Logistics REIT over internalisation proposal
The activist investor, alongside Waverton, TR Property IT and Harwood, are calling for board changes and a strategic review
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Foresight Solar announces fee changes, succession plan and liquidity debate
Tony Roper will become chair of the trust in September this year
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Gresham House Energy Storage fund lowers management fee
New fee arrangement ‘better reflects current market conditions and investor sentiment’
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Keystone postpones wind down proposals due to Saba action
Board had proposed rolling the trust into the open-ended Baillie Gifford Positive Change fund
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Lindsell Train IT’s NAV return slumps as LTL valuation falls
The trust’s double-digit discount remains “a concern” for the company’s board
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Home REIT repays Scottish Widows loan
Final £28.6m payment was made this week
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Miton UK MicroCap board proposes wind up
Shareholders raised concerns over the size and liquidity of the trust following its 2024 redemption point
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Baillie Gifford China Growth introduces tender offer of up to 100%
Shareholders will be eligible if the trust underperforms its benchmark between 29 November 2024 and 30 November 2028
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Weiss Korea Opportunity to undergo strategic review
Investment manager says the trust’s opportunity set is ‘less attractive’ than it has been in the past
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Beneath the bonnet: The case for Yihai International, Jollyes and EM healthcare
Three fund managers on stocks that are whetting their appetite
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JLEN Environmental Assets rebrands to Foresight Environmental Infrastructure
Decision voted on at JLEN’s AGM on 13 September