3 minutes
Schroder Asian Total Return has confirmed details of its £1.04 billion merger with Pacific Assets Trust, including fee cuts and a planned £2.4 million cost offset. The London-headquartered firm published shareholder circulars to put its planned merger into effect following its initial an
1 minute
Citi has downgraded Legal & General from 'neutral' to 'sell' on Monday, citing concerns over its valuations, noting shares are up 19% year-to-date. The bank cut its price target from 251p to 245p. The firm announced it was cutting its 2026-27b remittances by 4.5% following its first-half results
2 minutes
The Scottish Investment Trust PLC has been named ‘Best Investment Trust’ at the Shares Awards 2019 for the 2nd consecutive year. The awards, created to celebrate the best of the UK financial services industry, are determined by the votes cast by readers of Shares magazine.
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