Third Point Investors commits to 25% tender offer after discount hits double-digits
Third Point Investors (TPOU) has committed to returning up to 25% of issued share capital to shareholders after its discount widened to double-digits.
Third Point Investors (TPOU) has committed to returning up to 25% of issued share capital to shareholders after its discount widened to double-digits.
Rathbones Investment Management has hired five veteran investment professionals from Brown Shipley for its Leeds office, following recent exits at the Quintet Private Bank subsidiary.
Supermarket Income REIT (SUPR) has extended its unsecured debt facility with Japanese bank Sumitomo Mitsui Banking Corporation by £37.5m, to £104.5m.
RSMR has awarded TM Tellworth UK Select a rating for its “pragmatic” approach, praising the targeted absolute return fund’s lack of market correlation and marking the first rating for the recently acquired fund house, Investment Week can reveal.
Close Brothers Asset Management has expanded its investment management team with a further hire from Investec Wealth & Investment.
Schroders Capital Global Innovation Trust (INOV) has reduced its stake in Oxford Nanopore, its largest public holding, following the biotech company’s contribution to the trust’s 2023 performance slump.
Home REIT has continued its board reshuffle with the hire of Peter Williams, a chartered accountant and company restructuring specialist, as senior independent non-executive director, with immediate effect.
UK shop price annual inflation fell to the lowest level since December 2021, according to the British Retail Consortium-NielsenIQ Shop Price index.
Fundsmith Equity made a new portfolio allocation in March, but is currently withholding the name of stock until a bigger position has been built up.
When a new plan to create a platform for secondary trading in private company shares was announced in the Budget (known as the Private Intermittent Securities and Capital Exchange System – or PISCES), the private investment community could be forgiven for feeling a sense of déjà vu.