98% Custodian REIT shareholders approve merger with Abrdn Property Income Trust
One day after Urban Logistics urged shareholders to vote against it
investment trusts
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Hipgnosis valuation reduced further 7.6% following double-counting error
Operative NAV reduced to 85.02p per share from 92.08p
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The income-generating trust sector trading at ‘ridiculous discounts’
Infrastructure trusts are trading at steep discounts, but could be overdue a re-rating
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Custodian REIT board offers further deal incentives ahead of proposed API merger
Comes one week before its consultation with shareholders
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AIC: UK small-cap trusts join Dividend Heroes club
Having raised their dividend for at least 20 consecutive years
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River and Mercantile UK Micro Cap chair steps down
Andrew Chapman retired following the trust’s AGM, to be succeeded by John Blowers
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Baroness Bowles calls FCA ‘illegal, irrational and inconsistent’ amid AIFMD campaign
Argued against cost disclosure rules for investment companies in reading of second Private Member’s Bill
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Investors lose over £200m in a year as the price of Hipgnosis Songs Fund collapses
The trust’s share price has collapsed by 65% from £1.61 to 56p over the last year
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Private investors and wealth managers becoming keener on investment trusts again
216 investors quizzed for the annual UK Investment Trust Study
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Could one spreadsheet column solve the cost disclosure crisis for trusts?
Gravis’s Bill MacLeod explains how a FinDaTex tweak could prevent double-counting of investment company costs
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Can smaller trusts survive without consolidation?
The trust sector has seen increased M&A in recent times, while investors have highlighted concerns over illiquid, sub-scale funds
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Abrdn Property Income postpones general meeting in wake of rival takeover bid
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
