Morningstar UK

21 hours ago | morningstar.co.uk | Sunniva Kolostyak

The UK equity income trust’s fourth biggest holding is BAE Systems BA., which is up 48% this year. Its biggest holding, HSBC HSBA, is up 12% this year. The rest of the rated trusts are all trading at a discount, and eight of these have a discount of more than 10%. Baillie Gifford Japan BGFD has the biggest discount among the trusts, with its share price trading 11.97% below NAV. The trust has struggled to reach its previous share price highs in late 2020, fighting growth style headwinds.

1 day ago | morningstar.co.uk | Sunniva Kolostyak

So which funds have managed to come out on top after extreme market swings? Of the 258 trusts in our dataset, nine have seen double-digit growth in 2025, including Morningstar Gold Medalist City of London CTY, one of the few trusts currently trading at a premium to its net asset value. Meanwhile, 15 trusts have seen double-digit losses.

2 days ago | morningstar.co.uk | Lukas Strobl

Europe’s Stoxx 600 index rose 1%, led higher by stocks most exposed to global trade including shipping giant A.P. Moeller-Maersk MAERSK, up 11%, and car maker Stellantis STLAM, up 7%. US equity futures pointed to sharp increases at the opening, with contracts on the S&P 500 benchmark up 2.5% and on the technology-focused Nasdaq 100 index up 3.3%. Tech mega-caps outperformed in pre-market trading as Tesla TSLA rose 7%, Apple AAPL rose 5% and Nvidia NVDA rose 4.5%.

3 days ago | morningstar.co.uk | Tom Waite

Sundae Bar PLC - London-based company developing its sundae_bar platform, which will provide tools for creating and monetising AI agents - Will change name from Kondor AI PLC and move listing to AIM from Aquis Stock Exchange, effective from June 2. The shift follows Kondor's acquisition of Ora Technology PLC, which has infrastructure that supports secure transactions, compliance and AI agents management.

3 days ago | morningstar.co.uk | Neil Lancefield

(Alliance News) - Donald Trump is expected to arrive in the UK as his plane is scheduled to refuel at a US airbase. Flight restrictions around RAF Mildenhall in Suffolk indicate the US president's Air Force One jet will land there late on Monday or early on Tuesday en route to an official visit to the Middle East. Legislation published by the government prohibits unauthorised flights in the area between 2300 on Monday and 0400 on Tuesday.