The AIC backs investment trust capital requirements changes
While FCA CEO Nikhil Rathi reveals cost disclosure reforms will be announced before the end of the year
investment trusts
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The AIC: Record year for buybacks as trust boards battle double-digit discounts
Share price discounts remained above 10% throughout 2023, according to AIC’s year in review
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Nick Train backs Diageo despite ‘galling’ profit warning as shares slide 11%
The manager has been adding to Diageo, despite the company encountering problems with its operations in Latin America
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GABI to kick-off strategic review after merger flop
A wind down is one option on the table
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Q&A with Mercantile’s Guy Anderson: Consumer stocks could lead a UK equity comeback
The Mercantile Investment Trust portfolio manager answers our questions
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Abrdn invests more than £30m in shares of its own investment companies
Amount is equivalent to six months’ worth of management fees
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VinaCapital Vietnam Opportunity trust endures continuation revolt
Second largest shareholder voted to discontinue
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Lindsell Train Investment trust drops 3.6% in NAV as it maintains ‘consistent’ investment approach
Results come as share prices of consumer franchises fall
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Tech funds tops returns in ‘risk-takers’ November
Growth strategies, including Baillie Gifford American, enjoyed a strong month for returns
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The ‘gruffalo’ in the room?: FCA releases interim measures to protect trusts from cost disclosure regulation
Regulators acknowledges that requirements ‘may not result in representative cost information being published’ for investment companies
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Troy to combine income and growth trusts
Troy Income & Growth will merge into the STS Global Income & Growth, subject to shareholder approval
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Fidelity and Abrdn line-up £1.2bn China trust merger
Abrdn China Investment Company (ACIC) is being wound up
