Think you can beat the market? Most active managers can’t March 15, 2024 Only 17 per cent of actively managed equity funds beat the index over the last decade, new research revealed.
Could Glencore really ditch the so-called ‘home of mining’ the London Stock Exchange? March 15, 2024 Activist investor Tribeca sent jitters through the City yesterday with the claim that London had lost its lustre for the likes of Glencore - but could it leave?
Who will win the Abrdn property trust bidding war? March 14, 2024 The bidding war over the Abrdn Property Income Trust has reached new heights between Custodian Property Income REIT and Urban Logistics REIT.
GCP Asset Backed Income proposes shuttering trust March 14, 2024 The debt-focused trust's merger with GCP Infrastructure fell through in September after a "significant minority" of the trust's shareholders said they did not support it, leading to a strategic review.
Bridgepoint reports ‘robust’ investment returns despite tough market conditions March 14, 2024 Private equity firm Bridgepoint has posted an 11.5 per cent rise in underlying pretax profit despite "more challenging, but improving, market conditions".
IG Group posts rise in revenue despite lowest market volatility in over five years March 14, 2024 Online trading platform IG Group has posted an increase in revenue in the third quarter despite seeing the lowest level of market volatility in more than five years.
Amati’s AIM-focused venture capital trust could ditch the growth market as performance plummets March 14, 2024 The venture capital trust, which launched in 2001, has seen its share price continue to shrink in recent years and credited this to "ongoing challenges in the AIM market."
Tesco and Sainsbury’s landlord reports profit boom despite declining assets March 13, 2024 Supermarket Income REIT, which rents out properties to some of the UK's biggest supermarkets, saw operating profit jump 18 per cent last year, even as its net assets dropped eight per cent in the same period.
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
Mercia’s venture capital trusts raise £60m as investors bulk up exposure to private businesses March 13, 2024 Mercia Asset Management has raised £60m for three of its venture capital trusts focused on the North of England.