Pembroke VCT to raise up to £60m in latest funding round Funds September 10, 2024 The subscription offer comprises £40m of B ordinary shares and an overallotment facility of £20m of B ordinary shares. Triple…
AIC calls on government to invest in listed partnership funds to boost UK growth Funds September 9, 2024 According to the AIC’s Making people better off paper, the proposed National Wealth Fund could invest in public and private…
Number of active portfolios in decline as costs weigh on managed portfolio sector Funds September 9, 2024 The number of passive and blended managed portfolios in the sector has been on the rise since Morningstar published its…
Lazard AM expands private markets offering with launch of Listed Private Markets fund Funds September 9, 2024 Run by LAM’s discounted assets team, which includes portfolio mangers Kun Deng, Andrew Lister, Ming Zhong, Steuart Marshall and Edward…
Asset Value Investors offloads entire Balanced Commercial Property stake after takeover bid Funds September 5, 2024 The firm confirmed on Wednesday (4 September) it had sold its 16,165,520 BCPT shares, representing around 2.3% of the trust’s…
Brooks Macdonald to move over £146m Defensive Capital fund to RM Funds Funds September 5, 2024 Subject to regulatory and fundholder approval, RM Funds will take over investment management and distribution of the SVS Brooks Macdonald…
Fundsmith Equity ditches Diageo amid declining share price Funds September 5, 2024 Over the past three months, Diageo’s share price has struggled, dropping 6.5% from 2,656.5p in June to 2,450p in early…
Latest from Investment IQ: US election year Funds September 5, 2024 As the US gears up for the presidential election, investors are looking at an increasingly uncertain landscape. From regulatory overhauls…
AllianceBernstein opens up US large-cap value strategy to UK and European investors Funds September 4, 2024 The Luxembourg-domiciled portfolio, which has been seeded by an unnamed client and already holds $229.6m in assets under management, will…
HMRC lifts ban on fractional shares in ISA – reports Funds September 4, 2024 While a number UK investment trading apps allow investors to purchase fractional shares within ISAs, the UK tax authority said…
