Chris Rice and Tim Russell have annnounced the fundraising for their first offering through new firm Sanditon Asset Management was oversubscribed.
The return of long-dated investment trust debt
Newly-launched boutique Sanditon Asset Management, formed by ex-Cazenove managers Tim Russell and Chris Rice, is poised to launch an investment trust within the next four weeks.
ITs: Going back to basics to understand investor needs
The management of Diverse Income Trust is considering increasing the company's capital base in order to cut costs.
Fidelity Worldwide Investment is to stop paying trail commission to IFAs on Anthony Bolton's China Special Situations investment trust.
Alliance Trust has begun to implement plans to relocate parts of the business to England, amid growing uncertainty caused by the upcoming referendum on Scottish independence.