9
th June 2021 8:00 am
Baillie Gifford UK Growth Fund has amended its name to replace ‘Fund’ with ‘Trust’ in a bid to clarify the company is an investment trust.
The company also hopes to obtain shareholder authority at its annual general meeting (AGM) on Thursday 5 August 2021 to permit it to invest up to 10% of total assets in private companies.
The intention of the name change is to highlight the “different corporate structure and opportunity set when compared to an open-ended fund,” it said.
Over the year to 30 April 2021, the company’s net asset value per share total return was 37.7% compared to a total return of 25.9% for the FTSE All-Share Index.
Good morning and welcome to your Morning Briefing for Wednesday 9 June, 2021. To get this in your inbox every morning click here. Retirement income adequacy The Pension Policy Institute has stressed the need to rethink the adequacy of retirement income. Changes in the way people work, save and retire has resulted in
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(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Webis Holdings PLC - Isle of Man-based gaming firm - Receives West Virginia wagering license which allows company to accept online wagers from state residents. We are delighted to receive this license from the West Virginia Racing Commission for WatchandWager. We believe that this license will be mutually beneficial to both the company and the state in the forms of revenue and taxes generated from wagering, says Webis.
A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;