Balanced Commercial Property trust agrees to £670m takeover offer by Starwood Funds September 4, 2024 Under the terms of the deal, shareholders will receive 96p in cash for each BCPT share, which represents a premium…
Manchester & London investment trust introduces tiered management fee structure Funds September 3, 2024 Up until now, the trust paid the manager 0.5% per annum of its net asset value, with a variable fee…
RM Infrastructure Income tables tender offer as part of managed wind down Funds September 3, 2024 According to a stock exchange notice today (3 September) the tender offer will be in the range of £16m to…
Jupiter shuts UK Smaller Companies Focus fund after AUM slumps below £38m Funds September 3, 2024 In a letter to shareholders dated 30 August, Jupiter said the fund’s total AUM had fallen to around £37.4m, which…
PRS REIT board pushes back against shareholder revolt Funds September 2, 2024 The move follows a requisition notice put forward by a group of shareholders last Thursday (29 August), which called for…
Bill Ackman sets eyes on refreshed US IPO Funds August 30, 2024 According to a report by the FT, the billionaire has been meeting backers to give new life to his IPO…
Home REIT exchanges on additional 101 properties for £18.5m Funds August 30, 2024 In a stock exchange notice today (30 August), the trust said the sales took place at a series of public…
Candriam unveils ESG equity market neutral fund Funds August 29, 2024 Candriam Equities L ESG Market Neutral is an active fund that adopts a long position in companies the managers see…
AllianceBernstein closes UK-domiciled Concentrated Global Equity fund Funds August 28, 2024 In an investor letter seen by Investment Week, the fund’s authorised corporate director, Equity Trustees Fund Services, said the closure,…
abrdn calls time on Sterling Bond and China A Share Equity funds Funds August 27, 2024 Both funds closed on 8 August, and had become too small to be commercially viable, the firm told shareholders in…
