Miton Global Opportunities trust issues new shares to meet demand

Miton Global Opportunities trust issues new shares to meet demand

Miton Global Opportunities portfolio manager Nick Greenwood Miton’s £69.7m Global Opportunities trust, managed by Nick Greenwood, has issued 50,000 new shares to meet growing investor demand. Shares were issued at a price of 274.25p per share, bringing the trust’s total...
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Ruffer trio: UK rate hike could be insufficient to keep inflation genie in the bottle

Ruffer trio: UK rate hike could be insufficient to keep inflation genie in the bottle

Hamish Baillie, co-manager of the Ruffer Investment Company The managers of the £385m Ruffer Investment Company have committed to holding onto index-linked gilts as portfolio protection, despite recent price falls, as they fear interest rate hikes will fail t...
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City of London trust's Curtis: I am more confident about UK dividends than I have been for a long time

City of London trust's Curtis: I am more confident about UK dividends than I have been for a long time

City of London trust’s Job Curtis Janus Henderson’s Job Curtis, manager of the £1.4bn City of London investment trust, said he is starting to feel positive about equity markets and in turn, dividend cover, as growth begins to pick up...
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What are the real costs of holding investment trusts on platforms?

What are the real costs of holding investment trusts on platforms?

The Association of Investment Companies (AIC) and the lang cat have released new research to provide more clarity on platform costs when investing in investment trusts. The research, which was conducted by the lang cat, revealed the costs of holding...
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Smaller companies trusts top performance charts in Q3

Smaller companies trusts top performance charts in Q3

Top investment trusts in Q3 UK and European smaller companies trusts were among the best performers in NAV terms during the three months to 30 September, according to the latest quarterly review from Stifel. JPM Smaller Companies was the...
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AllianzGI's Macdonald: MiFID II could accelerate asset management M&A

AllianzGI's Macdonald: MiFID II could accelerate asset management M&A

Lucy Macdonald, manager of the Brunner investment trust The asset management industry can expect to see more consolidation following the introduction of MiFID II, according to Brunner investment trust manager Lucy Macdonald. Allianz Global Investors, which run...
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The People's Trust names chair of shareholder committee; Coram's Sullivan among members

The People's Trust names chair of shareholder committee; Coram's Sullivan among members

Catherine Howarth, chief executive of ShareAction, is to become chair of the shareholders’ committee of Daniel Godfrey’s The People’s Trust, as it reveals the names of the first six members. The committee is being established to provide an ef...
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Adviser trust purchases soar to record highs thanks to UK property and private equity demand

Adviser trust purchases soar to record highs thanks to UK property and private equity demand

Investment company purchases by intermediaries and wealth managers through adviser platforms hit a record high of £514m in the first six months of 2017, according to the latest data from the Association of Investment Companies (AIC). This is the highest...
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Northern VT launches £60m VCT fundraise

Northern VT launches £60m VCT fundraise

Northern VT launches £60m VCT fundraise Northern Venture Trust has opened a targeted £60m fundraise across three of its venture capital trusts (VCTs). The firm has given priority to existing shareholders, who have three weeks to invest before the offer exte...
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How the £583m Bluefield Solar Income fund is benefitting from a 'transformative market'

How the £583m Bluefield Solar Income fund is benefitting from a 'transformative market'

The outlook for the renewables fund sector is looking more positive than ever as demand continues to grow from investors searching for yield and renewable energy becomes part of the “mainstream” according to James Armstrong, managing partner at Blu...
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