Funds & Fund Managers
Syncona merges eye therapy firms as directors spy bargain
Leading life sciences investment trust has merged two of its retinal gene therapy companies as its shares recover from an unusual period of weakness that prompted some stock buying by its directors.
Terry Smith attacks ‘shockingly bad’ Bill Ackman over raid on his stock
Star fund manager delivers broadside against Pershing Square hedge fund manager who attacked payroll processor ADP, a Fundsmith Equity stock.
Nick Train ramps up Schroders stake as he pushes US invasion
Citywire AA-rated manager now owns 10% of the company and is second only to the Schroder family on the shareholder register.
Woodford rocked as Guernsey suspends his unquoted stocks
Shock move represents blow to manager's strategy of listing unquoted stakes offshore to keep flagship fund within City regulator's rules.
Crystal Amber offers to wind down Allied Minds for big backers Woodford and Barnett
Shares in Allied Minds, the early-stage tech investor backed by Neil Woodford and Mark Barnett, jump 12% after activist investor also owned by both fund managers proposes taking over and winding down company.
Funding Circle SME Income falls on its sword as shareholders seek cash
Shares in Funding Circle Holdings drop 5% after board of Funding Circle SME Income Fund decides to wind up and return capital to shareholders, including Invesco’s Mark Barnett.