Aviva Investors abandons IPO plans for Secure Income REIT

Aviva Investors abandons IPO plans for Secure Income REIT

Aviva Investors has decided not to proceed with the launch of its Secure Income REIT due to insufficient demand at the current time. The group was aiming to raise as much as £200m for the REIT via an IPO, in addition...
read more
AIC: Trust managers highlight their biggest concerns for 2018

AIC: Trust managers highlight their biggest concerns for 2018

Europe and emerging markets are favourite regions for next year according to the fund manager survey by the AIC According to the 2017 fund manager poll by the Association of Investment Companies (AIC), investment trust managers are generally positive about...
read more
Baillie Gifford promotes home-grown talent as named managers on two funds

Baillie Gifford promotes home-grown talent as named managers on two funds

Baillie Gifford has promoted two of its investment managers who joined the firm as graduates in 2012 to be deputies on its £344m Edinburgh Worldwide investment trust and named managers on the group’s £315m Global Discovery fund. Svetlana Viteva and...
read more
Electra's Edward Bramson to step down as interim CEO

Electra's Edward Bramson to step down as interim CEO

Activist investor Edward Bramson will step down from his role as interim CEO of the £360m Electra investment trust at its annual general meeting in March 2018, it was announced this morning. Bramson will remain as a non-executive director, but...
read more
Worldwide Healthcare trust manager Isaly faces harassment allegations

Worldwide Healthcare trust manager Isaly faces harassment allegations

Orbimed Capital has hired an external law firm to investigate allegations made against founding partner Sam Isaly, manager of the £1.2bn Worldwide Healthcare trust, that he harassed and demeaned women for years, claims which he denies. Five former employees h...
read more
Chelverton Small Companies Dividend trust unveils plans to double AUM

Chelverton Small Companies Dividend trust unveils plans to double AUM

Chelverton’s David Horner The £60m Chelverton Small Companies Dividend trust has announced plans to issue new shares with the goal of more than doubling its assets under management. The trust, which was launched in 1999, hopes to raise as much...
read more
Lindsell Train: Regulatory burden means hiring extra staff for 'no benefit and considerable extra cost'

Lindsell Train: Regulatory burden means hiring extra staff for 'no benefit and considerable extra cost'

Lindsell Train manager Nick Train Lindsell Train has warned it may need to add to its compliance team in order to cope with the “burden” imposed on the firm by greater regulation including MiFID II, even though it expects research...
read more
Foreign & Colonial trust board seeks alumni on 150th anniversary

Foreign & Colonial trust board seeks alumni on 150th anniversary

Paul Niven, current manager of the Foreign & Colonial investment trust The board of the £3.6bn Foreign & Colonial investment trust is keen to make contact with anyone who has worked on the vehicle as it prepares to celebrate its...
read more
Unicorn's Walls ups cash weighting on Mastertrust ahead of potential market correction opportunities

Unicorn's Walls ups cash weighting on Mastertrust ahead of potential market correction opportunities

Peter Walls of Unicorn Asset Management Unicorn Asset Management’s Peter Walls has increased the cash level on his £60m Mastertrust to nearly 18%, as he readies the portfolio to take advantage of a ‘natural’ turn in the cycle. The manager...
read more
Aberdeen Standard Investments targets £250m for new European logistics income trust

Aberdeen Standard Investments targets £250m for new European logistics income trust

Aberdeen Standard Investments’ global head of real estate investment research Andrew Allen Aberdeen Standard Investments is set to launch the European Logistics Income investment trust in December, which aims to capitalise on the rapid growth of e-commer...
read more
1 2 3 30