RLAM chair named as successor to Finsbury Growth & Income’s outgoing Simon Hayes Funds May 28, 2024 In the trust’s unaudited half year results for the six months ended 31 March 2024, Hayes, who has been chair…
Franklin Templeton rebrands Metaverse UCITS ETF to include AI and blockchain Funds May 24, 2024 According to Franklin Templeton, the name change, effective from 7 June, has been made to “better reflect” the ETF’s exposure…
LGIM red flags two underperforming Future World funds in assessment of value Funds May 21, 2024 Out of 83 funds assessed, 81 strategies were found to be delivering value for investors. However, the L&G Future World…
abrdn reduces platform fees and simplifies charging structure Funds May 20, 2024 The changes include: 5bps+ reduction at all tiers up to £1m; 15bps reduction between £500,000 and £750,000; simplified platform charging…
Shareholders approve discontinuation of GCP Asset Backed Income Funds May 20, 2024 The proposal to wind down the trust was taken at the end of strategic review in March, following shareholder feedback.…
Lindsell Train IT’s bet on its own asset manager hurts performance in Q1 Funds May 20, 2024 In the three months to the end of March 2024, LTIT’s net asset value remained broadly flat at 0.6%, compared…
Triple Point Social Housing faces shareholder dissent over directors re-election Funds May 17, 2024 Resolutions to re-elect four directors received 18.6% of votes against each, regarding chair Christopher Phillips, Ian Reeves, Peter Coward and…
Invesco relaunches £203m Global Equity Income trust Funds May 17, 2024 The £203m trust will target capital growth and income, and includes a new 4% dividend target set by the board…
Sequoia Economic Infrastructure Income amends investment policy to lock in higher rates Funds May 17, 2024 In a stock exchange notice today (17 May), SEQI explained it has amended its investment policy to decrease its exposure…
abrdn relaunches two fixed income portfolios as part of ongoing consolidation Funds May 15, 2024 The Edinburgh-based firm announced back in 2022 that it was undertaking a widespread assessment of all its portfolios and product…
