Update: ACG maintains Gabelli Value Plus+ liquidation would be ‘short-sighted’ Lauren Mason, Investment week, 8 February 2021 The GVP board announced on Monday (8 February) morning it would convene a general meeting in July, followed by a special resolution, to place the vehicle into members’ voluntary liquidation. The board said ACG, the trust’s largest shareholder […]
Investment trust insider on Round Hill Music – James Carthew: RHM beats SONG on royalties disclosure The new year’s initial public offer (IPO) market has got off to a roaring start. We already have our first successful new issue, in the form of VH Global Sustainable Energy Opportunities (GSEO). The now 17 investment companies in the […]
Investment trust insider on European Opportunities – James Carthew: Why I’m giving Darwall benefit of the doubt A lot has happened to European Opportunities (JEO) since I last wrote about it in October 2019. Back in 2019, I questioned the wisdom of the size of its holding in Wirecard. This was well-founded as it turned […]
Make a shed-load of money the REIT way: Warehouses could deliver the goods in your portfolio By ANNE ASHWORTH FOR THE DAILY MAIL PUBLISHED: 21:53, 29 January 2021 | UPDATED: 09:02, 30 January 2021 The re-ordering of the retail hierarchy continues. Boohoo, the online fast fashion business, is to acquire Debenhams, and perhaps also Burton, Dorothy Perkins and Wallis, while Asos – the […]
Ship shape and ready to float? IPO market picks up but headwinds remain for small launches Larger vehicles in better stead David Brenchley, Investment Week, 26 January 2021 The 21 months to end-September had been quiet for new issuance from investment companies, with 2019 the lowest annual total (£1.4bn) raised through IPOs since 2016, and […]
Investment trust insider on RM Secured Direct Lending – James Carthew: A debt fund that passed the Covid test It is some time since I took a look at RM Secured Direct Lending (RMDL), but recently I managed to catch up with its manager James Robson. It is safe to say that the debt sectors have […]
Brevan Howard demands fee increase on BH Macro – but has it shot itself in the foot? David Brenchley, Investment Week, 25 January 2021 BH Macro, alongside its sister fund BH Global, published a letter from investment manager Brevan Howard, who said they wanted the fee structure reset to 2%/20%, reversing concessions previously agreed in […]
Is America’s bubble about to burst – or can you cash in on a BIDEN BOUNCE as Democrat takes the reins By ROSIE MURRAY-WEST, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:50, 23 January 2021 | UPDATED: 10:38, 24 January 2021 In the last few days, the world’s eyes have been on the United States as the presidency has transferred from Donald […]
MONTANARO EUROPEAN SMALLER COMPANIES TRUST: Fund finds big returns from its small firms By JEFF PRESTRIDGE, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:53, 23 January 2021 | UPDATED: 11:46, 24 January 2021 London-based investment manager Montanaro eats, sleeps and breathes ‘good’ smaller companies. Its investment view is simple: smaller companies offer the potential to deliver investors stellar long-term returns, especially […]
Will property investment trusts bounce back in 2021? by Cherry Reynard from interactive investor | 13th January 2021 12:23 Some sectors of the property market could be ripe for a revival. Cherry Reynard asks experts for trust tips to profit. In early December, the government extended its ban on evicting commercial tenants. While it gives UK companies some much needed […]
