Investment Trusts
Third Point Investors Extends Buyback Programme As Underperformance Persists
Markets - Published date: .
Third Point Investors has extended its share buyback programme, as the trust’s discount continued to widen and relat... Read more
European Opportunities Trust Lowers Management Fees As Continuation Vote Looms
Markets - Published date: .
The European Opportunities trust (EOT) has agreed to a reduced management fee with its investment manager, Devon Equit... Read more
Bust Home REIT Tenant Surrenders Leases On 146 Properties
Markets - Published date: .
Redemption Project CIC, Home REIT’s third largest tenant, has surrendered its leases on 146 properties following its... Read more
Fidelity Platform Restricts Crux European Special Situations Fund After Richard Pease Retirement
Markets - Published date: .
Fidelity’s personal investing platform has restricted new investments into the MIGO Opportunities trust and TM Crux ... Read more
Nippon Active Value Shareholders Approve Double Merger With Abrdn And Atlantis Japan Trusts
Markets - Published date: .
Nippon Active Value (NAVF) shareholders have voted in favour of the rollover of assets from the abrdn Japan investment... Read more
City Of London Trust Maintains Share Price Premium Despite Underperforming UK Market
Markets - Published date: .
The City of London (CTY) investment trust failed to beat the UK market in the year to the end of June 2023, but shares... Read more
Investec Downgrades Hipgnosis Songs To 'Hold' After Catalogue Sale To Blackstone-backed Fund
Markets - Published date: .
Investec has downgraded Hipgnosis Songs from ‘Buy’ to ‘Hold’ after the trust announced it would be selling a f... Read more
AVI Japan Opportunity Trust Dodges Widening Discount Trend As Profits Rise
Markets - Published date: .
The AVI Japan Opportunity trust has dodged the wave of widening discounts hitting the investment trust sector, while i... Read more
Supermarket Income REIT Refinances Its Debt Facilities
Markets - Published date: .
Supermarket Income REIT has completed a debt refinancing exercise, which included the reduction and extension of an ex... Read more
VH Global Sustainable Energy Opportunities Unveils £10m Share Buyback Programme
Markets - Published date: .
The VH Global Sustainable Energy Opportunities (GSEO) trust has unveiled a £10m share buyback programme in a bid to a... Read more
ThomasLloyd Energy Impact To Appoint New Investment Manager
Markets - Published date: .
ThomasLloyd Energy Impact trust will end its investment management relationship with ThomasLloyd Global Asset Manageme... Read more
Hipgnosis Songs Music Catalogue Sale Comes Under Scrutiny As Continuation Vote Looms
Markets - Published date: .
Hipgnosis Songs’ deal to sell a fifth of its music catalogue to a Blackstone-owned vehicle has been put under scruti... Read more
Hipgnosis Agrees $465m Catalogue Sale From Public Trust To Private Blackstone Vehicle
Markets - Published date: .
The Hipgnosis Songs fund (SONG) has agreed the sale of 29 catalogues to Hipgnosis Songs Capital to fund a share buybac... Read more
Home REIT Tenant Supportive Homes CIC Enters Voluntary Liquidation
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Home REIT tenant Supportive Homes CIC has entered into a creditors’ voluntary liquidation, almost a month after it f... Read more
Deep Dive: REIT Investors Must Weigh Rate Hikes And Potential Credit Crunch
Markets - Published date: .
Investors considering real estate investment trusts must consider the potential for both further rate hikes and a “b... Read more
Profits Dive 66% At Abrdn Investment Arm As Funds Struggle To Outperform
Markets - Published date: .
Profits across abrdn’s investment arm have fallen 66% over the first half of 2023 while heavy redemptions continue t... Read more
Home REIT Sells 40 Properties For 60% Average Loss
Markets - Published date: .
Home REIT has begun the process of stabilising its property portfolio with a series of sales that has seen the embattl... Read more
Two Home REIT Tenants Enter Creditors' Voluntary Liquidation
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Home REIT tenants Redemption Project CIC and Serenity Support CIC have entered into creditors' voluntary liquidations,... Read more
Home REIT Proposes Investment Policy Overhaul As Rent Collection Falls To 7%
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Home REIT has scheduled a general meeting for 21 August 2023 in order to allow shareholders to vote on a raft of chang... Read more
Jupiter AM's CEO And Investment Chiefs On Share Price Woes, Active Management And The Rebirth Of Absolute Return
Markets - Published date: .
Editor James Baxter-Derrington speaks exclusively with the investment chiefs of Jupiter Asset Management, sitting down... Read more