Gavin Lumsden is a journalist at Citywire, where he has built a 25-year career focusing on finance, investment, and energy sectors. His work often delves into alternative investments, asset management, and renewable energy, reflecting a commitment to covering critical themes within financial markets and the aerospace industry. Gavin's insights and analyses have been featured in prominent outlets including Yahoo News UK, Yahoo Finance, The Telegraph, and QuotedData.
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Gavin Lumsden's coverage predominantly focuses on investment analysis and data citations. He is likely to be most receptive to pitches that provide in-depth analysis of investment trusts, stock market trends, financial performance insights, mergers and acquisitions within the business industry, and expert opinions on rate cuts.
Given his focus on finance & economy, business & industry, as well as real estate industries with a specific emphasis on investment trusts and stock markets, he may appreciate commentary from analysts or experts who can offer unique perspectives backed by reliable data.
When pitching to Gavin Lumsden it would be beneficial to reference recent market trends or specific companies' financial performances while keeping the geographic focus broad due to the nature of his topics covered.
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By: Gavin Lumsden
Impax Environmental Markets (IEM) has urged its reduced band of shareholders to vote against the new board of directors that activist hedge Saba Capital wants to impose. Acknowledging that New York-based Saba was in a strong position with a 31.4% stake in the company following this month’s 80% exit tender offer, chair Glen Suarez said […]
By: Gavin Lumsden
Scottish Mortgage Trust (SMT) has published strong annual results just as shares in the Baillie Gifford flagship complete their 30-month recovery from the 2022 growth crash. News that SMT shares gained 26.8% in the year to 31 March, beating the FTSE World’s 18% gain, came as the shares hovered below their November 2021 peak of […]
By: Gavin Lumsden
CQS Natural Resources Growth and Income (CYN) has decided to follow portfolio managers Keith Watson and Robert Crayfourd to Tufton Investment Management, appointing the latter as its new fund manager in place of Manulife where the pair handed in their notice in March. Having conducted a beauty parade of Tufton, Manulife and other investment groups, Christopher […]
Gresham House Energy Storage (GRID) has formed a strategic partnership with Summit Transition Partners (STP), a joint venture between Sumitomo Corporation of Japan and TPK Holdings, a Taiwanese touchscreen and supply chain management provider. STP will buy a 25% stake in the battery fund’s first three development projects on which it completed debt financing yesterday. These […]
By: Gavin Lumsden
Finsbury Growth & Income (FGT) plans to hike dividends by 50% from October and to fully gear up in order to boost shareholder returns after Nick Train’s underperforming investment trust suffered a 14.4% fall in the six months to 31 March after several of his key holdings slumped on fears of the competitive threat from […]
By: Gavin Lumsden
Sirius Real Estate (SRE) has added to its defence-related assets with the €49.8m (£43.1m) acquisition of a light-industrial business park in Fulda, north-east of Frankfurt. The £1.6bn Anglo-German business park investor said the 112,867 sqm plot was fully let with its main tenant, a “high quality” German personal armour manufacturer, accounting for 78% of the […]
By: Gavin Lumsden
European Opportunities Trust (EOT) is to wind up and give shareholders a choice of rolling into a new open-ended Liontrust fund run by manager Alexander Darwall or switch into the top-performing JPMorgan European Growth & Income (JEGI) if they wish to remain in an investment trust. There will also be a full cash exit at […]
By: Gavin Lumsden
CT UK High Income (CHI), the £132m UK equity income trust run by David Moss at Columbia Threadneedle, delivered a total underlying investment return of 18.3% in the year to 31 March, behind the 21.5% of the FTSE All-Share index. Ordinary shareholders received 15.3% and B-share holders, who receive capital payments instead of dividends, got […]
Bluefield Solar Income (BSIF) has accepted a £548m cash bid from biomass generator Drax (DRX) six months after the high yielding renewables fund put itself up for sale. Drax beat a shortlist of bidders after agreeing to pay 92.574p. Including a 2.25p interim dividend due this month, BSIF shareholders will receive 94.824p per share or […]
By: Gavin Lumsden
Universal Music Group (UMG) has rejected the $64.3bn (£48bn) takeover offer made by Bill Ackman’s Pershing Square Capital Management two months ago. The US-focused but Euronext Amsterdam listed business said on Friday evening that Pershing Square’s proposed merger with its New York listed special purpose vehicle SPARC Holdings was “not in the best interests” of […]
