Stifel tears Stripe off Baillie Gifford for ‘poor’ disclosure on unlisteds
Scottish Mortgage’s fund manager should be more transparent about unquoted investments, say Stifel analysts, although they conclude the valuations look up to date.
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Investec blasts RIT Cap for £55m share payments to fund managers
Hefty share-based incentives paid to J Rothschild Capital Management in past three years are ‘inequitable’ after the 'brutal derating' endured by shareholders in RIT Capital Partners, says Investec analyst Alan Brierley.
Credit Suisse ‘CoCo’ holders look to sue; investors ‘severely shaken’, says TwentyFour
Lawyers talk to Credit Suisse AT1 bond holders about possible legal action over their $17bn of losses as Bank of England and European Central Bank distance themselves from Switzerland's move.
Scottish Mortgage chair steps down as rebel director promises to reveal board ‘violations’
Long-standing chair of Scottish Mortgage Trust Fiona McBain and rebel non-executive Amar Bhidé are both leaving in a dramatic overhaul of the Baillie Gifford flagship’s board.
Analysts: Scottish Mortgage director likely to exit soon after board bust-up
Analysts say that Amar Bhidé, the director at the centre of a row at Scottish Mortgage, is still likely to exit soon despite the board trying to reassure the market late on Friday that he had not been pushed out.
Scottish Mortgage: JPMorgan downgrades trust after board row
Update: Analysts say Amar Bhidé, the director at the centre of a boardroom row at Scottish Mortgage, is likely to leave soon after the trust's statement that he remains 'at present'.
James Carthew: Where Scottish Mortgage’s board is falling down
The boardroom row at Scottish Mortgage raises questions over the composition and experience of those overseeing the £10bn global Baillie Gifford flagship investment trust.
Scottish Mortgage director questions trust’s expertise in unquoteds
Update: Amar Bhidé, an academic and author who has sat on Scottish Mortgage’s board for three years, tells the Financial Times he was forced out after disagreeing with chair Fiona McBain. Board insists he remains.
AT85 infrastructure fund gives itself three more months to float
AT85 Global Mid-Market Infrastructure Income has until 30 May to turn expressions of ‘significant interest’ into hard cash as it seeks to become first investment company to float in London for 18 months.
Home Reit extends Bluestar bid deadline by a month
Bluestar, a real estate lender founded by a former employee of Home fund manager Alvarium Investments, has until 13 April to firm up its cash offer for the suspended real estate trust.
FT: Scottish Mortgage director removed after row over unquoteds
Amar Bhidé, a business academic and author who has sat on Scottish Mortgage's board for three years, tells Financial Times he was forced out after disagreeing with chair Fiona McBain.
David Stevenson: If investors won’t buy, music funds should sell
Growth in music streaming is impressive but if royalty funds Hipgnosis (SONG) and Round Hill (RHM) want to re-rate their depressed shares, they need to validate their valuations.
