Latest News - Gavin Lumsden
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Gravis seeks ‘sane’ investors for global infrastructure fund
‘You’d have to be be mad to invest in UK PFI at the moment,’ says Stephen Ellis, chairman of Gravis Capital Management, who is looking to raise £200 million for the Global Diversified Infrastructure income fund.
BlackRock LatAm and CYN propose dividends from capital
The boards of BlackRock Latin American and City Natural Resources High Yield (CYN) decide that offering investors the certainty of dividends paid from capital is the best way to secure demand for their shares.
RM Secured Direct zeroes on fund raise with 6.5% yield
RM Secured Direct Lending hopes to clear the £100 million barrier with an offer of high-yielding C-shares and 3.5% yielding ‘zeroes’ .
Facebook fall could be ‘trigger’ for something bigger
Alasdair McKinnon, contrarian manager of Scottish investment trust, hopes yesterday’s drubbing of Facebook shares is prelude to significant shift in investor attitudes.
Rothschilds’ fintech trust misses IPO target
Augmentum Capital, the finch investor spun out of the Rothschilds’ RIT Capital Partners, raised £94 million, below the £125 million sought in its initial public offer of shares.
Go USA! Baillie Gifford managers eye ‘unique’ growth prospects
Gary Robinson and Andrei Kiselev, managers of the new Baillie Gifford US Growth Trust (USA), explain why they are not put off by lofty stock market valuations.
Activist Sherborne stuns City in swoop on Barclays
Edward Bramson's Sherborne Investors lines up its biggest target yet with a 5.16% stake in Barclays and a statement of intent regarding its potential turnaround.
Trust Watch: Shires Income hit by Aviva pref attack
We have a new format, analysing the big risers and fallers of the week as well as those investment trusts looking cheap or dear after moves in their share prices.
Morse puts on the ‘shorts’ at Fidelity European Values
Concern over the ‘relentless climb’ in stock markets saw manager Sam Morse raise his bets against company share prices in his £1 billion portfolio.