Latest News - Michelle McGagh
Schroder AsiaPacific cuts management fee
Schroder AsiaPacific manager Matthew Dobbs believes investors are failing to recognise China's stabilising influence on the global economy.
Activist Third Point takes aim at 'staid' Nestle
American activist Daniel Loeb has accused Nestle of being 'stuck in its old ways', as he calls for higher profit margins at the consumer brands giant.
Ranger starts arbitration over collapsed lender
Ranger Direct Lending has started arbitration proceedings against the parent company of Princeton Alternative Income following the collapse of lender Argon Credit.
NextEnergy Solar eclipses target with £126m raise
High yielding Guernsey-based investment company beat its £100 million target in an oversubscribed placing as investor interest in renewable energy heats up.
Vincent Devlin departs BlackRock Greater Europe
Co-manager for nine years leaves BlackRock with Stefan Gries stepping in to work with Sam Vecht on the £322 million investment trust.
Phaunos Timber shareholders give fund the chop
Shareholders in Phaunos Timber vote against continuation of fund after successful campaign by activist investor LIM Advisors.
Seneca forecasts global downturn in 2020
Up-and-coming defensive trust Seneca Global Income & Growth says eight-year economic cycle has further to run but is trimming sails of its multi-asset portfolio in advance of stormier conditions.
Charles Montanaro returns to turn round small-cap straggler
Former manager of Montanaro UK Smaller Companies returns to run it for at least five years to revive its disappointing performance.
Fidelity China doubles under Anthony Bolton successor
Dale Nicholls, the fund manager who succeeded star investor Anthony Bolton on Fidelity China Special Situations, has doubled its net asset value over three years.
Phaunos Timber: we’ve done the hard work, let us make a money tree!
Timber fund rejects rebel shareholder's call to wind-up, saying its prospects look good after a three-year turnaround.