JP Morgan AM launches euro-denominated public debt money market fund Funds May 13, 2024 The JPMorgan Liquidity Funds – EUR Government CNAV fund will invest in short-term debt securities issued by eurozone governments, including…
US activist investor Elliott takes profits and reduces Scottish Mortgage stake to under 5% Funds May 13, 2024 According to a stock exchange notice on Friday (10 May), Elliott’s stake has been reduced to below 5%. The sale…
Foresight Solar enters into BESS framework ahead of continuation vote Funds May 13, 2024 In a stock exchange notice today (13 May), the trust said the framework with the Chelion Renewables Group subsidiary will…
AQR Capital Management unveils multi-strategy UCITS fund Funds May 10, 2024 The AQR Apex UCITS fund was created by enhancing and renaming the AQR Systematic Total Return UCITS fund, effective from…
Hargreaves Lansdown removes Richard Ford fund from Wealth Shortlist following retirement Funds May 10, 2024 Ford currently serves as the group’s co-head of the Broad Markets Fixed Income team, as well as manager on several…
Schroders places European Alpha Plus fund under review as underperformance lingers Funds May 10, 2024 In its assessment of value (AoV) report, the asset manager noted “disappointing” portfolio performance over the past year, influenced by…
Reports of investment trusts’ demise are greatly exaggerated Funds May 10, 2024 One thing I have learned in my career is that the day you relax and walk into work thinking ‘I…
ICG Enterprise unveils £25m opportunistic share buyback programme Funds May 10, 2024 In a stock exchange notice today (8 May), the £1.3bn trust said the scheme will run alongside its progressive dividend…
Concord sticks with $1.51bn offer for Hipgnosis Songs Fund Funds May 10, 2024 The firm said its offer of $1.25 per SONG share, which values the trust at around $1.51bn, is “final and…
Number of investment trust share buybacks hits record high but effectiveness called into question Funds May 10, 2024 At the same time, an increasing number of investment trusts veered towards tender offers, with a total of 28 funds…
