JP Morgan trust director joins Witan board
Shefaly Yogendra is also a member of the Temple Bar Investment Trust board
Shefaly Yogendra is also a member of the Temple Bar Investment Trust board
Ben Durrant joins Roderick Snell at the helm of the Pacific Horizon trust
City of London the most popular trust on AIC’s website as income piques investor interest
Stefan Gries, previously co-manager, in sole charge
Steve Bates joins following deal with JP Morgan Elect
Liontrust has struggled since buying Majedie AM
It has cut management fees and restructured its debt in a bid to cut costs
Share price and net asset value of the CT UK High Income Trust lagged its benchmark in H1
Trust has agreed to lower the overall fee to 12.5% of adjusted NAV above a high-water mark
In just over a year the value of the investment had plummeted to £5m
Augmentum Fintech trades at a wide discount but NAV held steady during the half
The ‘article 9’ trust saw NAV grow 1.5% during the three months to 30 September