Richard Staveley leaves Gresham House and steps down from GHS trust With immediate effect Richard Staveley, co-manager of the Gresham House Strategic (GHS) investment trust and managing director at Gresham House, has resigned from the business after a 20-month tenure and will leave with immediate effect. Staveley, who is additionally sole manager of the open-ended Gresham House UK Smaller Companies fund since June 2020, will also step down as co-manager of the £49.4m GHS trust, which he runs alongside investment committee chair Tony Dalwood and deputy fund manager Laurence Hulse. GHS, which accounts for £58m of Gresham House s £4bn of assets under management, is one of several funds managed by Gresham House s strategic equity team, which includes Hulse and Dalwood, and has Gresham House fund managers Ken Wotton and Graham Bird on its committee.
Investegate |M&G Credit Income Investme Announcements | M&G Credit Income Investme: Annual Financial Report investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Picking up the pace of positive change: What progress are investment trusts making on ESG issues? investmentweek.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investmentweek.co.uk Daily Mail and Mail on Sunday newspapers.
Investegate |Albion Tech&Gen VCT Announcements | Albion Tech&Gen VCT: Albion Technology & General VCT PLC : Annual Financial Report investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Albion Technology & General VCT PLC : Annual Financial Report padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
Investegate |Albion Dev VCT Announcements | Albion Dev VCT: Annual Financial Report investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
Merchants Trust turns defensive to protect dividend yield record Rotating towards telecoms and housing-related stocks Simon Gergel of Merchants Trust The Merchants Trust shifted its exposure away from cyclical stocks towards more defensive sectors in 2020 in an effort to help sustain its 38-year dividend growth record, amid growing retail investor interest for the investment company. Merchants, which currently offers a dividend yield of 6.1%, has been adding to telecoms, tobacco and housing-related stocks at the expense of holdings in sectors where it will take some time for dividends. To continue reading. Upgrade Investment Week helps enlightened investment professionals to grow revenues and manage risk by reading the market more astutely via this industry leading title.
RISK WARNINGS AND DISCLAIMERS The value of stocks and shares and any dividend income, may fall as well as rise, and is not guaranteed so you may get back less than you invested. You should not invest any money you can’t afford to lose and should not rely on any dividend income to meet your living expenses. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, administrative costs, withholding taxes, different accounting and reporting standards, may have other tax implications, and may not provide the same, or any, regulatory protection. Exchange rate charges may adversely affect the value of shares in sterling terms, and you could lose money in sterling even if the stock rises in the currency of origin. Any performance statistics that do not adjust for exchange rate changes are likely to result in inaccurate real returns for sterling-based UK investors.