Smithson refocuses on small caps to fire up ‘mediocre’ returns
Smithson manager Simon Barnard tweaks his strategy to focus on small-cap companies with the potential for outsized returns as he lags benchmark for second time since 2018.
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DeepSeek Chinese AI threat shakes Wall Street giants and tech trusts
A slide in US stocks has heaped pressure on UK tech investment trusts as China's new AI darling, DeepSeek, challenges American dominance in the burgeoning sector.
Carthew: Platforms could still do better as Saba threat to trusts remains
Despite Saba’s resounding defeat against Herald, the challenge of rallying support for upcoming investment trust shareholder votes could still be greater than realised.
RTW Biotech Opportunities’ Kailera announces positive data in phase 2 obesity trial
Kailera, a portfolio company of RTW Biotech Opportunities (RTW), has announced positive topline data from the 8 mg dose of Hengrui Pharmaceutical’s Ph...
Glass Lewis and ISS recommend Henderson Opportunities shareholders vote “AGAINST” the Requisitioned Resolutions
The independent proxy advisors Glass Lewis and ISS have both published recommendations for shareholders of Henderson Opportunities Trust (HOT) in whic...
Smithson letter tells shareholders of “mediocre” performance
Smithson (SSON) has published its letter to shareholders that is also its investment manger’s review for 2024. Simon Barnard, SSON’s investment manage...
Patria Private Equity extends loan facility for three more years
Patria Private Equity Trust (PPET) has agreed a three-year extension of its syndicated revolving multi-credit facility agreement (a loan facility) tha...
QuotedData’s morning briefing 27 January 2025 – OIT, CVCE/CVCG, PCTN
In QuotedData’s morning briefing 27 January 2025: Odyssean Investment Trust (OIT) says that, following a review of its operational arrangements, NSM F...
Why Reits saw ‘dramatic decline’ to end 2024 – and what next?
Broker Deutsche Numis reviews another tough year for UK commercial property, which now offers investors a 6.9% average yield.
Saba Capital loses vote on Herald Investment Trust: what next?
Shareholders in the Herald Investment Trust voted against the proposals of US hedge fund Saba Capital this week, in the first of a series of critical votes as Saba seeks to make board changes at several investment trusts.
Don’t throw away the upside potential of Edinburgh Worldwide’s exciting portfolio
Saba Capital’s (Saba) requisitioned meeting to oust the existing board and install two of its own nominees in its place is scheduled for 14 February. ...
ISS recommends shareholders vote “AGAINST” Saba’s resolutions for Keystone Positive Change
The independent proxy adviser ISS has published its recommendation in relation to the upcoming requisitioned general meeting for Keystone Positive Cha...
