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News by: Gavin Lumsden

The Quindell-hit stock that’s hurting Fidelity Asian Values

by Gavin Lumsden on Jul 27, 2015 at 14:48

Investment trust cuts annual charge after difficult start to its new smaller companies focus sees shares in top holding, Australian law firm Slater & Gordon, halve amid regulatory inquiries. 

Ex-BP boss in bid to launch global energy trust

by Gavin Lumsden on Jul 27, 2015 at 13:56

Former BP chief executive Tony Hayward among group of oil industry veterans seeking to exploit a ‘compelling’ investment opportunity.

Over 8% of Nimmo trust investors sought exit in tender offer

by Gavin Lumsden on Jul 27, 2015 at 11:07

Harry Nimmo's Standard Life UK Smaller Companies trust hopes to get back on track after its 5% tender offer was over subscribed by investors wishing to sell their shares.

Investment Trust Watch: mad miners & peculiar prices

by Gavin Lumsden on Jul 24, 2015 at 12:27

Is BlackRock World Mining a buy and what happened to Brunner and Scottish American?? Our weekly roundup of investment trusts.

What an interest rate rise means for your money

by Gavin Lumsden on Jul 23, 2015 at 09:15

Finally, after six years, the Bank of England wants to raise interest rates. What's the impact on our ISAs and pensions?

Alliance Trust promises change after Elliott battle

by Gavin Lumsden on Jul 23, 2015 at 09:03

(Update) Alliance Trust, the global fund attacked by US activist investor Elliott Associates earlier this year, promises changes in the autumn.

BlackRock Income Strategies scraps tender offer

by Gavin Lumsden on Jul 21, 2015 at 08:30

Former British Assets trust says the recent re-rating of its shares makes a big buy-back unnecessary.

Unicorn runs off with Rensburg VCT

by Gavin Lumsden on Jul 21, 2015 at 07:42

Rensburg AIM venture capital trust agrees to merge with its largest rival after running out of stocks in which to invest.

Royal Mail leads FTSE lower as rate rises loom

by Gavin Lumsden on Jul 17, 2015 at 16:30

Investors belatedly take fright of Ofcom's review of Royal Mail and debate the impact of interest rate rises in the UK and US.

Why we're loving European banks!

by Gavin Lumsden on Jul 17, 2015 at 16:12

Spanish and Italian banks like Bankia and Unicredit have pulled through the crisis and look good value, says Jeroen Huysinga of JPMorgan Overseas.

Investment Trust Watch: Murray International going cheap

by Daniel Grote, Gavin Lumsden on Jul 17, 2015 at 13:10

A rare chance to buy shares in Bruce Stout's Murray International at fair value plus biotechnology trusts continue their astonishing run.

JPMorgan Brazil nears 'rock bottom': time to go in?

by Gavin Lumsden on Jul 17, 2015 at 08:00

Investment trust cuts dividend but pleads for investors' patience saying Brazil could bounce back after four years of losses. 

Nick Train: Diageo must 'fix or be fixed'

by Gavin Lumsden on Jul 16, 2015 at 11:06

Manager of top-performing Finsbury Growth & Income investment trust says Diageo must tackle strategic issues if drinks giant to avoid bid.

Marwyn redeploys fat Peppa Pig profits

by Gavin Lumsden on Jul 16, 2015 at 07:14

Private equity fund Marwyn Value Investors has sold a third of its stake in Entertainment One, owner of rights to Peppa Pig, for £87.5 million.

Alex Wright: why Barclays is even better than Lloyds

by Gavin Lumsden on Jul 15, 2015 at 08:00

Lloyds could yield 6% next year but Barclays has got great retail assets, says Citywire AAA-rated manager of Fidelity Special Values.

Investment Trust Watch: investors leap on Fidelity China

by Gavin Lumsden on Jul 13, 2015 at 16:58

Fidelity China Special Situations was among the big buying opportunities in investment trusts last week as the Shanghai bubble burst.

Climate levy change hits clean energy funds

by Gavin Lumsden on Jul 13, 2015 at 07:43

The chancellor’s decision to make renewable energy generators pay the climate change levy has cast a cloud over wind and solar power investment funds.

How to make sure your peer-to-peer ISA isn’t ‘iffy’

by Gavin Lumsden on Jul 10, 2015 at 14:56

The new ‘Innovative Finance’, or IF, ISA will not fall under the Financial Services Compensation Scheme so pick your investments carefully.

Pension curbs could push wealthy into high risk venture funds

by Gavin Lumsden on Jul 09, 2015 at 16:58

Budget cuts on the amount top earners can save in pensions and changes to dividend tax could raise interest in venture capital trusts (VCTs) and enterprise investment schemes (EIS).

Osborne's buy-to-let tax grab won't help first-time buyers

by Gavin Lumsden, Michelle McGagh on Jul 09, 2015 at 16:51

Experts argue first-time buyers are unlikely to benefit from chancellor's cut to tax relief for buy-to-let landlords.

 

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