QuotedData’s morning briefing 14 January 2025 – IBT, HRI, RTW, TMI, FP, CBA
In QuotedData’s morning briefing 14 January 2025: International Biotechnology trust (IBT) has announced Johnson and Johnson’s acquisition of Intra-Cel...
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Retiring US manager bags AA rating while Saba targets leap to A
Jonathan Simon, manager of JPMorgan American, has picked up an AA Citywire investment trust manager rating just as he’s about to retire.
David Stevenson: My useful questions for trust investors in 2025
What effect will Saba have? Are there too many alts trusts? How to deal with US concentration risk? Our columnist reveals the topics he is mulling over for the year ahead.
Investment trust investors urged to vote in Saba Capital raid
US-based hedge fund Saba Capital launched a stunning raid on UK investment trusts in December, pushing for wide-ranging governance changes at seven UK-listed trusts.
Pantheon Infra’s ‘milestone’ first sale
Pantheon Infrastructure is set to make its first realisation since launch in 2021 with the sale of US power generator Calpine.
Pantheon Infrastructure makes ‘milestone’ first sale
Pantheon Infrastructure is set to make its first realisation since launch in 2021 with the sale of US power generator Calpine.
‘Frustrated’ Keystone puts pin in cash exit to focus on Saba fight
Baillie Gifford-run Keystone Positive Change has delayed its wind-up and rollover after Saba Capital said it would block the plan.
Keystone Positive Change presses pause on capital return pending Saba vote
Keystone Positive Change (KPC) has announced that it intends to open and immediately adjourn general meeting scheduled for 27 January 2025, that was m...
Sale of Calpine adds 3p to Pantheon Infrastructure’s NAV
A sale of Calpine – a portfolio company of Pantheon Infrastructure (PINT) – has been agreed between Energy Capital Partners (ECP) and Constellation En...
QuotedData’s morning briefing 13 January 2025 – CRS, CORD, ESP, SERE, GPE
In QuotedData’s morning briefing 13 January 2025: AIM-listed Crystal Amber (CRS) has announced that the board of Morphic Medical Inc. has approved the...
Shareholders must get out and vote against Saba’s self-serving and destructive proposals for Baillie Gifford US Growth
After several years of uncertainty, US hedge fund Saba Capital Management finally made its intentions for the UK investment trust sector clear on 18 D...
Chrysalis must avoid ‘de facto’ wind-down after Klarna payday
The anticipated Klarna listing this year will present a crossroads for Chrysalis, as activist Asset Value Investors builds an increasingly large stake.
