Funds & Fund Managers
F&C marks birthday re-issuing shares for first time in 60 years
Investors gave F&C Investment Trust a big present for its 150th birthday last year, with a re-rating that enabled the £3.7 billion global investment trust to issue its first shares in six decades.
Temple Bar could bar Mundy from ‘unethical’ tobacco stocks
The £850 million UK equity income trust managed by Alastair Mundy is considering a ban on ‘inherently unethical’ investments such as tobacco stocks.
Baring’s Siller: ‘more than a fighting chance’ of survival
Baring Emerging Europe manager Matthias Siller believes the trust's now unique proposition and performance means it should not suffer the same fate as wound-up rival BlackRock Emerging Europe.
Micro Focus and AstraZeneca keep FTSE firing
Software firm and pharmaceutical giant help drive FTSE 100 to fresh four-month highs.
Seneca buys back into fallen Woodford Patient Capital
Seneca Investment Managers becomes latest trust picker to swing back behind Woodford Patient Capital, arguing its depressed shares do not reflect progress in the portfolio of mostly early-stage healthcare stocks.
FTSE leaps 100 points as MPs back May in Brexit vote
Blue-chip shares advance after pound recovers from slide caused by MPs voting down proposals that would have prevented a messy 'no-deal' Brexit