Yield-hungry investors have had their demands met by an increasing number of investment companies paying out quarterly dividends, new research from the Association of Investment Companies has shown.
Alliance Trust has struck a deal to buy out the 19.75% of its shares owned by activist investment firm Elliott Associates.
Property funds became the most popular investment trust sector for the first time this year, accounting for 15% of all purchases between July and September, the Association of Investment Companies said.
More than a quarter of fund managers will favour financials next year, with 26% of those surveyed by the Association of Investment Companies (AIC) saying they will opt to invest in the sector.
Investments in commodities and natural resources bounced back to make it the top performing investment trust sector in 2016, according to new figures from the Association of Investment Companies (AIC).
Real estate investment trusts may see total returns come off recent highs by the end of calendar year 2016, as energy infrastructure and dividend-paying stocks take the lead among equity assets that provide regular income, said Mark McAllister, senior portfolio manager at Clearbridge Investments, a Legg Mason affiliate.
Home to some of the most recognisable names in the investment company universe, the Global sector offers variety through a multitude of different manager philosophies.
The investment trust experienced a negative total return on NAV (-0.1%), share price (-0.7%) and benchmark (-0.5%) amidst a 12% increase in its investments in private companies.
Neil Woodford has suspended a fresh round of fund raising for the Woodford Patient Capital Trust he launched last year.
The Association of Investment Companies has launched a policy paper called ‘Balancing the EU Funds Market’, something which it says is not optimised to benefit the continent’s economies.
Alliance Trust announced it is raising its dividend as it released its full year results this morning.
Highbridge Capital Management has been appointed manager of the BlueCrest All Blue Investment Trust, following a vote at Wednesday’s extraordinary general meeting.
Neil Woodford is seeking to raise more money for the Woodford Patient Capital Trust he launched last year.
Despite a 58% jump in full year profit, GCP Infrastructure Investment’s results for the year stuck a fairly down beat note.
The 2015 Association of Investment Companies annual poll of fund managers found significantly less optimism than last year, but those with a positive outlook were still in the majority.
Net fundraising and secondary issuance hit an all-time high in 2015, according to research from the Association of Investment Companies.
Nick Train’s Finsbury Growth and Income Trust had a ‘disappointing’ November in large part due to the performance of the Daily Mail and Pearson, the manager said.
The Association of Investment Companies has created a new flexible investment sector in a bid to further improve the comparability of open and closed ended funds.