Latest News - Gavin Lumsden
Baillie Gifford seeks $600m for new global ‘unicorn’ fund
(Update) Schiehallion Fund is a new closed-end investment company for institutional investors dedicated to the rapidly growing unlisted ‘unicorns’ that fund manager’s flagship Scottish Mortgage Trust has successfully pioneered.
Garrett Fish steps down in JPMorgan American shake-up
North America investment trust replaces its lead fund manager Garrett Fish and moves to a hybrid growth-and-value strategy under two fund managers in bid to revive investor interest.
Crystal Amber gains £1m profit on quick Patient Capital trade
Activist investment company backed by Neil Woodford pockets £1 million gain selling stake in fund manager’s Patient Capital investment trust.
Lord Rothschild: UK faces worst political crisis since Suez
Rothschild's RIT Capital Partners succeeded in protecting shareholders from last year's losses but Brexit deadlock and other geopolitical tensions keep veteran investor cautious about year ahead.
Numis: the sweet spots in ‘alternative’ investment companies
Numis Securities updates its recommendations for investment companies investing in ‘alternative’ asset classes such as property, infrastructure and debt.
Seven investment trusts for high yields & juicy dividends
Peel Hunt analysts pick out investment trusts and companies they believe will generate good dividends from equities and ‘alternative’ assets.
Nigel Thomas: ‘Goodbye! And buy good companies’
Exclusive final video interview with star fund manager of AXA Framlington UK Select Opportunities before he retires next month after 40-year City career.
Parliament demands RPI fix to stop ‘unfair’ gilt windfalls
(Update) Parliament steps up pressure on UK Statistics Authority to fix faults in the old retail price index (RPI) inflation measure behind billions of pounds of overpayments to holders of index-linked government bonds.
Brexit Meltdown: are property trusts better than funds?
With investors again pulling money from commercial property funds, our panel of experts debate the best way to access bricks and mortar and what the City regulator should do to avoid a damaging repeat of the 2016 fund suspensions.
Pound rallies as markets eye soft, not no-deal, Brexit
(Update) The pound rose after the government’s historic defeat in the House of Commons but all eyes are on this evening's no-confidence vote
A 'most interesting time': Inside eight wealth managers' minds
At our Wealth Manager Conference and Awards ceremony last week senior industry figures told us what is really on their minds
Revealed: Gars pain grows with £17.2 billion blow
We've crunched the data ahead of Aberdeen Standard's results tomorrow and it is not looking good for the multi-asset strategy.
IWD 2019: the unpalatable truth about the gender pay gap
Initial results are not encouraging: based on the reports filed so far the gender pay gap widened by 1%