European Assets Trust names lead manager
Mine Tezgul, CT head of European small cap equities, succeeds Sam Cosh
Mine Tezgul, CT head of European small cap equities, succeeds Sam Cosh
There are 32 trusts investing in equities with yields above 4%
Financial Services Regulation Committee said retained MIFID and PRIIPS rules has cost the UK an estimated £7bn
International Biotechnology Trust manager recalls his sporting career and the experiences that shaped him as an investor
It aims to deliver high levels of income by investing in UK smaller companies
Analysts said the bid may test the strength of HSM’s call option
Investment company sets out refinancing plans following prolonged double-digit discount
JOHCM’s share disposal reduces ‘irrevocable undertaking’ support bid down to 23.1%
Trust’s board said it would be minded to recommend the proposal to shareholders if a firm offer was made
Proposed deal values Hipgnosis at $1.4bn – a 32.2% premium to its closing price last night (17 April)
Also proposes removal of cap on number of holdings
Board considering options to reduce its ‘material discount’