Page 3 - Continuation Vote News Today

Chrysalis Investments (CHRY) has set out proposals to change its capital allocation policy and performance fee.

Hipgnosis Songs has placed Kenny MacPherson on leave of absence after the senior executive was accused of sexual assault and harassment.

The European Opportunities trust has agreed to a reduced management fee with its investment manager, effective from earlier this summer.

Merger talks between the GCP Infrastructure and GCP Asset Backed Income (GABI) trusts, both managed by Gravis, have been terminated.

Hipgnosis Songs’ deal to sell a fifth of its music catalogue to a Blackstone-owned vehicle has been put under scrutiny by analysts.

Investec has downgraded Hipgnosis Songs from ‘Buy’ to ‘Hold’ after the trust announced it would be selling a fifth of its music catalogues for $465m.

Global asset manager The Blackstone Group (NYSE:BX) will acquire rights to a catalogue of songs by best-selling artists such as Colombian superstar...

The Hipgnosis Songs fund (SONG) has agreed the sale of 29 catalogues to Hipgnosis Songs Capital to fund a share buyback programme and reduce debt.

Music catalogues investor Hipgnosis Songs Fund will sell some catalogues to a partnership between its investment adviser and funds advised by Blackstone for $465million, or around £372million.

Potential bidders for the £2.4bn Hipgnosis Songs fund (SONG) could be dissuaded from making a takeover offer by a number of impediments.