|
Finsbury Growth & Income Trust to broaden remit
By Fund Strategy 18-Dec-2009 12:00 AM
The company’s share price total return was up 22.9% over the reporting period, against a 10.8% return from its benchmark, the FTSE All Share, over the same period.The trust paid two interim dividends for the year totalling 9.5p per share, at a t...
|
|
AIC welcomes proposed changes to the AIFM directive
By Sabuhi Mir 13-Nov-2009 04:00 PM
The Association of Investment Companies (AIC) has welcomed possible amendments from the Swedish Presidency to the Alternative Investment Fund Managers Directive (AIFM Directive).
|
|
Pre Budget request from BPF
By Jonathan Boyd 13-Nov-2009 11:00 AM
The government should use December's Pre Budget Report to change tax rules for REITs, the British Property Federation says.
|
|
Shareholders push for wind-up of Welsh Industrial IT
By Leonora Walters 06-Nov-2009 04:30 PM
A majority of shareholders in Welsh Industrial IT have requested a realisation of the trust’s assets.
|
|
Investment trusts attract ‘balanced’ investors, says F&C
By Sabuhi Mir 04-Nov-2009 02:00 PM
The majority of investment trust investors have a 'balanced approach to risk when it comes to their investments, says F&C.
|
|
Templeton Emerging Markets IT proves popular with investors
By Sabuhi Mir 20-Oct-2009 01:00 PM
Templeton Emerging Markets investment trust has climbed into third place in Alliance Trust Savings quarterly ranking for the second quarter of 2009/10 tax year.
|
|
Witan restructures management team
By Fund Strategy 15-Oct-2009 05:00 PM
Witan Investment Trust has announced a restructuring of its management team which will see Robert Clarke, chief executive officer (CEO), and Mark Lynam, chief investment officer (CIO), leave the business after just over a year.
|
|
AIC responds to AIFM directive
By Fund Strategy 13-Oct-2009 05:00 PM
New rules proposed by the European Council's Alternative Investment Fund Managers (AIFM) directive could undermine the prosperity of investment trusts, says the Association of Investment Companies (AIC).
|
|
NB Private Equity confirms ZDP issue
By Leonora Walters 08-Oct-2009 02:00 PM
The ZDP issue will allow the company to strengthen its capital position.
|
|
Progressive AM sells Developing Markets
By Leonora Walters 02-Oct-2009 02:30 PM
Progressive Asset Management has sold its emering markets arm to Rassmal Investments.
|
|
Alliance Trust underperforms benchmark
By Fund Strategy 21-Sep-2009 05:00 PM
Alliance Trust grew its net asset value (NAV) by 6.8% over the first six months of 2009, it announced today.
|
|
Slashed dividends not terminal for AIC Growth & Income
By Leonora Walters 18-Sep-2009 01:00 PM
In spite of widespread dividend cuts AIC UK Growth & Income is still a relevant sector, say experts.
|
|
New ZDP issue to follow Jupiter merger
By Leonora Walters 16-Sep-2009 08:30 AM
Jupiter's proposed merger of three investment trusts will result in a new issue of ZDPs if shareholders approve.
|
|
Foreign & Colonial IT to leave FTSE 100
By Leonora Walters 10-Sep-2009 10:00 AM
Following the latest quarterly rebalancing of the FTSE indices, Foreign & Colonial Investment Trust is to be demoted to the FTSE 250.
|
|
F&C relegated to mid-cap
By Fund Strategy 09-Sep-2009 05:00 PM
The F&C Investment Trust has been relegated from the FTSE 100 and has returned to the FTSE 250 index.
|
|
Keydata Aim VCT to be renamed
By Fund Strategy 08-Sep-2009 05:00 PM
The board of Keydate Aim Venture Capital Trust (VCT) has appointed Hargreave Hale as its company administrator and propose to change the company's name to Hargreave Hale Aim VCT, it announced today.
|
|
Impax launches Asian Environmental Investment Trust
By Fund Strategy 07-Sep-2009 05:00 PM
Impax Investment Management is launching a new investment trust, Impax Asian Environmental Markets, on the London Stock Exchange.
|
|
City Merchants High Yield considers share issue
By Fund Strategy 27-Aug-2009 05:00 PM
The City Merchants High Yield investment trust is considering issuing new shares to existing and new investors to meet potential demand.
|
|
Alliance Trust boosts fixed income ahead of allocation increase
By Leonora Walters 27-Aug-2009 01:00 PM
Alliance Trust has hired four fixed income managers from Scottish Widows Investment Partnership (SWIP) who will join in early 2010.
|
|
Standard Life optimistic on property
By Fund Strategy 26-Aug-2009 05:00 PM
Standard Life said optimism was returning to the property market, as its Property Income Trust returned 8.3% over the first half of 2009, in its interim results announced today.
|
|
New Star Fin Opps proposes lower divi target
By Leonora Walters 26-Aug-2009 04:00 PM
New Star Financial Opportunities Fund is to revise its dividend policy.
|
|
SIM plans a follow-up to the Junior Oils Trust
By Fund Strategy 24-Aug-2009 05:00 PM
Sector Investment Management (SIM) is to launch a Junior Mining fund next month, investing in mining equities with a particular emphasis on gold.
|
|
Marwyn restructure bears fruit as discount halves
By Leonora Walters 24-Aug-2009 08:00 AM
Marwyn Value Investors’ discount to NAV fell from 65.2 per cent to 29.2 per cent over the first seven months of the year.
|
|
F&C UK Select Trust turns around performance
By Fund Strategy 21-Aug-2009 05:00 PM
Phil Doel's F&C UK Select Trust delivered a net asset value total return of 9.2% over the first half of 2009, outperforming its benchmark, the FTSE All-Share Index, by 8.4%.
|
|
Keydata VCT and VCT 2 appoint Giles Hargreave as NED
By Leonora Walters 14-Aug-2009 01:00 PM
Keydata Aim VCT and Keydata Aim VCT 2 have appointed Hargreave Hale chief executive Giles Hargreave as a non executive director.
|
|
F&C Trust makes first property purchase
By Fund Strategy 10-Aug-2009 05:00 PM
F&C Commercial Property Trust (FCPT) has made its first property purchase since its launch in March 2005.
|
|
VCT accused of not explaining fee change
By Fund Strategy 10-Aug-2009 12:00 PM
In March the group merged the Artemis Aim VCT and the Artemis Aim VCT 2 to create the Artemis VCT.
|
|
Get ready for growth with tech funds
By Leonora Walters 10-Aug-2009 10:00 AM
Technology funds have been out of favour but this is the best time to buy, say investment specialists.
|
|
Increasing dividend potential for tech stocks
By Leonora Walters 07-Aug-2009 08:00 AM
US technology stocks are no longer just a growth play as large caps in particular are increasingly paying dividends.
|
|
Henderson Global Property cuts divi target, abandons absolute return
By Leonora Walters 06-Aug-2009 10:00 AM
Henderson Global Property Companies is to reduce its dividend target and scrap its absolute return target in favour of an index benchmark.
|