Exemption from cost disclosures to make the products more attractive to both institutions and customers
Labour’s ambitious environmental agenda has lifted the outlook for clean energy groups and investment vehicles
Merger is latest in a slew of industry consolidations
My previous column on investment trusts filled my mailbag with expert responses
For me there is no sensible reason why their share prices trade at a discount to NAV
Act now before the Lords’ reform — the discounts may disappear
Reform of disclosure rules might lure back buyers
Cornerstone of UK equity market under pressure from low-cost competition and higher interest rates
Despite the trusts’ efforts, their shares continue to trade at discounts to net asset value
Sector has suffered from the impact of high inflation over the past two years
Baillie Gifford’s flagship trust says it is capitalising on opportunity to buy its portfolio for less than the market value
Performance struggled in a high-inflation environment
Music rights owner says valuation should be treated with ‘higher degree of caution’
The UK investment trust may have little option but to begin selling its catalogue
London-listed group says independent valuer’s figure ‘materially higher’ than numbers implied by recent industry deals
Investment companies seal tie up as investors shun sector
Richard Watts and Nick Williamson to set up their own investment advisory group
Once a highly successful vehicle for income investors, the sector has suffered as inflation took hold
Sector is a big investor in renewable energy, where discounts have widened to 25 per cent
Select a strongly performing manager with skin in the game
Trusts can keep back reserves to cover dividends in difficult years
Ensuring valuations are detailed, conservative and fully independent is a lesson to be learnt
Troubled company that owns song rights for artists including the Red Hot Chili Peppers must now review its options
Group battles to persuade investors to continue backing its status as an investment trust
Boaz Weinstein’s hedge fund Saba has been buying exposures to UK trusts and sparking speculation of an activist campaign
