Jamie Colvin

Fund manager Alex O'Cinneide says incoming president is unlikely to repeal the Inflation Reduction Act given most investment has flowed into Republican states.

Fund managers Ben Rogoff and Alastair Unwin snap up power and network stocks that will supply data centres as US companies plan to hike AI infrastructure spending to $1trn by 2028.

The trust’s shares soften 1% as the board announces Artemis’ surprise appointment, persuaded by lower fees, a strong track record and the promise of significant skin in the game.

The seven trust boards advise shareholders that the US activist's demands to replace them are not in their best interests.

The FTSE 100 extends losses in a week where global central banks have downplayed expectations for interest rate cuts.

A global slump triggered by the Federal Reserve’s hawkish stance pushes the average investment trust discount out to 15.8% as US activist Saba launches a dramatic campaign.

The late-stage private equity fund receives a settlement of less than £6.1m from the AIM-listed company after mounting a £45m legal claim last year.

Chair Andrew Joy warns investors that the US activist will destroy shareholder value if it wins control of the board and appoints itself as manager.