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5 days ago | 
citywire.com | Lotte Edwards |Jeremy Gordon |Michelle McGagh
M&a 20 Jun, 2025 By Jeremy Gordon The board of the small green energy infrastructure trust says the 'certainty' of a cash offer from renewable arm of Downing Estate Planning represents the best outcome for shareholders. Energy storage infrastructure trusts had a dire 2024 but after the knockout takeover of Harmony Energy Income, things are looking up for the two remaining names in the sector.
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1 week ago | 
citywire.com | Algy Hall |Michelle McGagh |James Carthew
Citywire Elite Companies’ recent screen for historic bargains was festooned with healthcare plays, including three from the battered biotech industry. The cash-guzzling sector faces several headwinds, including:However, with all the biotechs highlighted by our screen boasting AA ratings from Elite Companies, the stocks are popular with the world’s best portfolio managers despite their woes.
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2 weeks ago | 
citywire.com | Michelle McGagh |Algy Hall |Himanshu Singh |Ebbani Juneja
Paycom was highlighted by Citywire Elite Companies collaborative screen with Canaccord Genuity’s Quest to find compounding champions.
Companies that use their success to channel more resources to improving the experience of customers often create significant value for shareholders in the long run. In the short term, though, this can seem counterintuitive as it often means incurring extra costs.
US human resources software company Paycom (US:PAYC) is a case in point.
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2 weeks ago | 
citywire.com | Michelle McGagh |Julian Bovill |Himanshu Singh |Ebbani Juneja
The FCA has partnered with Nvidia on an AI testing scheme that will allow financial services businesses to try out new services at an early stage of development.
Under the ‘supercharged sandbox’ project, firms will be able to apply to use Nvidia’s software to develop projects with support from the regulator.
In a statement announcing the launch of the scheme, the regulator said applications are ‘open to any financial services firm looking to innovate and experiment with AI’.
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3 weeks ago | 
citywire.com | Dylan Lobo |Frank Talbot |Michelle McGagh |Sophie Downes
Fund-of-funds are booming, driven by the popularity of low-cost passive multi-asset portfolios like Vanguard’s £44bn LifeStrategy range. But as money continues to flock to them, how are fund-of-funds actually performing?
Citywire analysed the returns of the UK’s 21 largest fund-of-fund ranges, each with more than £3bn of assets, to find out.
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1 month ago | 
citywire.com | Daniel Grote |Michelle McGagh |Natalia Vasnier |Dylan Lobo
Today we reveal the winners of the best portfolio manager awards.
The winning managers generated the highest risk-adjusted return in their investment sector.
The methodology can be found here. Already have an account? Do you personally advise on or manage investments for clients?
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1 month ago | 
citywire.com | Lotte Edwards |Jeremy Gordon |Michelle McGagh |david kempton
Scottish Mortgage (SMT) acknowledges it has been a ‘rollercoaster ride’ for its investors in recent years, but has returned to outperformance while buying back nearly £2bn of its own shares to try to tackle a stubborn discount.
Annual results for the 12 months to end of March capture a run of stronger performance for the £11.6bn investment trust, run by Baillie Gifford’s Tom Slater and Lawrence Burns.
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1 month ago | 
citywire.com | Dylan Lobo |Michelle McGagh |david kempton
Third Point Investors’ (TPOU) plan to turn itself into a reinsurance platform with the acquisition of Malibu Life has rankled shareholders, with Asset Value Investors (AVI) calling it an ‘odious’ deal that smacks of poor governance.
The £456m London-listed hedge fund run by Dan Loeb has announced its intention to acquire Malibu Life Reinsurance, a US reinsurance platform focused on the fixed annuity market.
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1 month ago | 
citywire.com | Danielle Levy |Michelle McGagh |Jeremy Gordon |James Carthew
Veteran European equity fund manager Richard Pease has joined the investment advisory group of UK smaller companies trust Rockwood Strategic (RKW).
He will work alongside manager Richard Staveley and other members of the investment advisory group, which includes Harwood Capital’s Chris Mills and Adam Parker, the co-founder of Majedie Asset Management, to generate investment ideas and provide advice.
Pease’s investment career spans more than 40 years.
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1 month ago | 
citywire.com | Michelle McGagh |Algy Hall |Himanshu Singh
The long-term prospects of UK drug giant AstraZeneca (GB:AZN) look the brightest they have in years, but its shares are also near their cheapest in a decade.
Despite the angst evident from the shares’ valuation, Astra remains hugely popular with the world’s best portfolio managers tracked by Citywire resulting in it having a top AAA Elite Companies rating. Already have an account? Do you personally advise on or manage investments for clients?
