Decided against change of benchmark
Shareholders offered rollover or cash exit
'We want to be involved'
Managers of the £385m Ruffer IT
Listing on LSE on 17 October
Challenges for income investors
Ceremony on 22 November
More 'realistic valuations'
Around £183m in assets
'Emphasis on active portfolio management'
Now approximately 1/3 invested
'LatAm was the standout performer'
MiFID II also a challenge
'Dividend history' information for each AIC member
Company progress started to be reflected in valuations
Hoping to expand past 40% limit
Lucy Macdonald, manager of the Brunner investment trust, takes a closer look at the prospects for global equity markets.
'Blurring of the lines' between capital and income
Effective from 1 November
Management fee down from 0.7% to 0.35%
Higher stakes and limited options
Latest research from the AIC
Affecting £90m of assets
Having met a number of clients recently, it is interesting to observe that views are fairly consensual - significant bearishness on bonds (so significant as to encourage a contrarian to be long bonds?), nervousness about equities (although fully invested...