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
The trust’s share price has collapsed by 65% from £1.61 to 56p over the last year
216 investors quizzed for the annual UK Investment Trust Study
Gravis’s Bill MacLeod explains how a FinDaTex tweak could prevent double-counting of investment company costs
The trust sector has seen increased M&A in recent times, while investors have highlighted concerns over illiquid, sub-scale funds
Shareholder meeting to discuss Custodian’s offer for the trust delayed to 20 March
Sale totals £5.6m, or 1.4% of portfolio
The trust’s board said it will cooperate fully with the regulator
Icelandic regulator has opened a ‘Phase II’ investigation into the proposed sale to Ardian France
99.9% of those who attended the EGM voted in favour
While Mercuriadis has stood down as CEO of the trust’s investment adviser
Delayed annual results expected to be published in Q2
Money continues to flow out of the UK equity income sector, yet dividend growth is on the up