JP Morgan trust appoints director after merger
Steve Bates joins following deal with JP Morgan Elect
investment trusts
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Liontrust stake weighs on Majedie Trust’s performance
Liontrust has struggled since buying Majedie AM
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Abrdn property income trust pinches pennies
It has cut management fees and restructured its debt in a bid to cut costs
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Struggling Columbia Threadneedle trust sells off Jupiter stake
Share price and net asset value of the CT UK High Income Trust lagged its benchmark in H1
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Chrysalis slashes manager fees after hefty January pay out
Trust has agreed to lower the overall fee to 12.5% of adjusted NAV above a high-water mark
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Chrysalis ditches stake in struggling Revolution at nearly 90% loss
In just over a year the value of the investment had plummeted to £5m
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Shares in fintech trust take 30% haircut
Augmentum Fintech trades at a wide discount but NAV held steady during the half
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Downing renewables trust discount widens
The ‘article 9’ trust saw NAV grow 1.5% during the three months to 30 September
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Train praises ‘reassuring’ holdings despite LTIT’s October decline
Investment trust trailed its MSCI benchmark last month
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Scottish Mortgage to up dividend by 5%
Despite the trust’s half-year results painting a grim picture
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Strategic review sees Majedie change investment manager
As it aims to pay a 3% annual dividend
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BlackRock’s Gallagher: ‘I love making investment trusts still relevant’
BlackRock head of investment trusts Melissa Gallagher talks about the suitability of closed-ended funds for holding alternative assets, the crucial role of boards and ensuring trusts remain relevant