Gavin Lumsden
15K posts
@FundFanatic
Mostly early morning news & views on investment companies, funds & markets by Gavin Lumsden, head of news @QuotedData. Formerly @Citywire & @thetimes.
JPMorgan Global Growth & Income $JGGI managers have cut their underweight to the AI tech rally, adding Alphabet & Broadcom, after their wariness on market's momentum saw it underperform in 2nd half of 2025 with a total 9.1% investment return vs MSCI All Countries World's 13.3%.
Half-year results from Manchester & London $MNL held 43.6% in Nvidia at 31 Jan with fund manager Mark Sheppard @mlcapman predicting shares in $4.4trn AI chip maker could reach $500. That’s 2.7x current $NVDA $182 price. Like rival $PCT, MNL is all-in on finding AI winners. 1/2
Uranium fund Geiger Counter $GCL has followed Golden Prospect Precious Metals $GPM in serving protective notice against Manulife CQS Investment Management after fund managers Keith Watson and Robert Crayfourd handed in their notice earlier this month. londonstockexchange.com/news-article/G…
Gore Street Energy Storage $GSF jumped 6% after the strategy update, narrowing its 47% discount. @WinterfloodInvT analyst Ashley Young said the dividend rise was “quite material, as it represents nearly half (43%)” of market capitalisation returned over three years.
BlackRock World Mining $BRWM reported “stellar” results with shareholders enjoying a 74.1% return last year. Can the £1.6bn trust repeat that this year? Yes, as demand for metals remains high, but we need to avoid a global oil shock, the managers said. quoteddata.com/2026/03/blackr…
Edinburgh Worldwide $EWI warns of the "high probability" of Saba Capital seizing control at its 3rd attempt next month. In Feb the activist hedge fund's share of the anti-board vote jumped to 46.8% from 36.2% 12mths earlier, putting it in spitting distance of the 50% it needs.
