Citywire Investment Trust Awards: the shortlists!
Our second annual investment trust awards are nearly upon us. Find out which closed-end funds are in the running for one of our coveted performance prizes.
Scottish Mortgage slumps as growth trusts hit again
Growth stocks again bear brunt of stock market sell-off, with shares in investment trusts among some of worst hit.
Cautious American trust cuts gearing to zero after sell-off
JPMorgan American manager Garrett Fish reduces trust’s borrowing for the second time in four months as he grows more cautious on US stock market prospects.
Alliance Trust sells savings arm to Interactive for £40m
(Update) Global investment trust ends attempt to be broad financial services group with discounted sale of stockbroking business Alliance Trust Savings to its rival Interactive Investor.
James Carthew: why I heed the hawks at Capital Gearing
Peter Spiller and the team running Capital Gearing Trust have an enviable record on wealth preservation so their views on inflation are well worth listening to.
Blue Ocean fails to get out of the harbour as it halts IPO
Launch of shipping fund hits choppy waters but board says it will continue to engage with potential investors about flotation at a later date.
Biopharma Credit raising $150m to inject in drug loans
High-yielding life sciences debt fund hopes to issue £115 million of shares having invested twice as much in a C-share issue earlier this year.
John Laing Environmental smashes target with £105m raise
Renewables infrastructure trust raises more than double the amount it had targeted, showing continued demand for income from 'alternative' investments.
Trust Watch: Cowie’s ‘big box’ income trust goes on sale
Nearly a year after their launch and purchase by our columnist Ian Cowie shares in Aberdeen Standard European Logistics Income have moved to a discount.
British Empire managers raise £80m for activist Japan trust
AVI Japan Opportunity, the activist investment trust launched by British Empire managers Asset Value Investors, gets off the ground after raising £80 million.