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Gavin Lumsden, head of news @QuotedData, says: "You can get more of our news on investment companies in our free, daily newsletter." Register here: f32ll.share-eu1.hsforms.com/2OAGb9DcLR86vY…

Activism matters, but approach matters too. With investment trust discounts still a major issue, Cherry Reynard looks at why constructive engagement may offer a better path for shareholders. Read more: tinyurl.com/QDVIEW30

Joe Faraday, the new @BaillieGifford manager on its European Growth $BGEU investment trust, has changed a third of the portfolio to reverse shareholder losses. Out goes obesity drug make Novo Nordisk & in come a bunch of banks, energy and financial stocks. quoteddata.com/2026/05/joe-fa…

Roundup of today's news from Impax Environmental Markets $IEM, Gresham House Energy Storage $GRID, HarbourVest Global Private Equity $HVPE and Value & Indexed Property $VIP. quoteddata.com/2026/05/mornin…

James Carthew @quoteddata calls for “end game” of 3i’s investment in Action. “It is so dominant within the portfolio that it feels like everything else is a rounding error ... Perhaps the best plan would be to spin Action out as a separate listed company.” quoteddata.com/2026/05/3i-gro…

A sharp sales slowdown at Dutch discount retailer Action dealt another blow to Britain’s oldest private equity firm 3i Group. #III shares fell 15% to a 20-month low prompting a £750m buyback programme, 3i’s first in 21 years. thetimes.com/article/1579ad…

A row broke out between Aquila European Renewables $AERI & Aquila Capital this week with Robert Naylor, the investment company’s activist chair, accusing the fund manager of pulling out of an agreement to buy around half its portfolio at the last minute. quoteddata.com/2026/05/aquila…

Catching up on stories. Here's Lowland's half-year results. The £372m UK equity income trust $LWI where Janus Henderson managers have nearly two thirds in smaller and mid-cap stocks outside the FTSE 100. quoteddata.com/2026/05/lowlan…

🚨Don't miss '@QuotedData's In The HotSeat' on Friday 15 May 2026 at 11am where James Carthew & Gavin Lumsden will be joined by Colm Walsh of ICG Enterprise Trust. tinyurl.com/QDWNSICG #QuotedData #News #Investing #ICGT

James Carthew @Quoteddata calls on listed private equity funds to "come together to educate and attract new investors" after Pantheon International $PIN follows rival $HVPE in selling a chunk of assets to buy back shares trading on overly wide discounts. quoteddata.com/2026/05/panthe…

James Carthew @QuotedData on $IBT interims: “After a prolonged slump, it is great to see the rebound in the biotech sector, and as a shareholder I have been delighted by the returns being generated by International Biotechnology.” quoteddata.com/2026/05/mornin…

Blackstone has sold the 45,000 song Hipgnosis catalogue to Sony for as up $4bn according to reports. The music rights business, renamed Recognition Music Group last year, includes ex London-listed Hipgnosis Songs Fund which Blackstone took private with a $1.57bn bid in 2024.

James Carthew @QuotedData said: “There is nothing new in the 3i Infrastructure results but it is good to get confirmation that even in a year where it was forced to write off one investment (DNS:NET) it still managed to meet its return objective.” quoteddata.com/2026/05/3i-inf…

Scottish Mortgage $SMT confirms its $1.25trn valuation of SpaceX in a briefing note on its 19.3% exposure to the Elon Musk company preparing for a flotation of $1.75-$2trn. londonstockexchange.com/news-article/S…

Pantheon International $PIN has sold £224m ($300m) of fund investments at an 8.1% discount as the £1.6bn private equity fund responds to pressure from activists Metage and Saba to step up buybacks and cut its 27% share price discount. londonstockexchange.com/news-article/P…

LondonMetric Property $LMP & Schroder Real Estate $SREI unveil their joint bid for Picton Property Income $PCTN offering 0.190 LMP & 0.881 SREI shares per Picton share. This values PCTN at £403.4m or 78.2pps, a 7% premium to share price but 9.2% discount to 31 Dec valuation.

London office stocks have had a difficult run, but prime market fundamentals may be stronger than the share price discounts suggest. @QuotedData looks at demand, supply constraints, rental growth and why the market may be too bearish. Read more: tinyurl.com/QDVIEW28

(RICA cont) ... into 10-year US Treasury inflation-protected securities offering real yields above 2%. They also briefly bought S&P 500 call options to buy the US index at its lows before the ceasefire announcement. quoteddata.com/2026/05/mornin…

Ruffer Investment Company $RICA saw net asset value dip 0.9% in April as capital preservation fund stood by as stock markets enjoyed a “blistering” rebound from their slump in March to the US-led war on Iran. RICA managers moved money in floating rate notes 1/2 ...

Mid Wynd International $MWY cuts the annual tiered fees it pays fund manager Lazard by 20% for two years as the £210m global equity trust’s quality growth investments continue to lag the market. quoteddata.com/2026/05/mornin…

F&C $FCIT says its 4-for-1 share split has taken place after shareholders in the £6.2bn global investment trust approved the move at its 29 April AGM. Designed to improve liquidity, the 158-year-old fund has quadrupled its ordinary 6.25p shares to 1.88bn. londonstockexchange.com/news-article/F…