Writing off the full cost of two investments
Story by: Rob Langston, Investment Adviser
Bramdean Alternative's investment trust has announced it will be writing off the full cost of two investments it had in hedge funds run by Bernard Madoff.
The commodity sector could face supply shortages when demand picks up again as companies make hard decisions against a backdrop of low demand and falling prices in 2009, according to fund manager Richard Davis.
Investors prepared to ignore the negative connotations of investing in China could reap the benefits in 2009, according to Mike Kerley, fund manager at Henderson Far East Income investment trust.
Low Carbon Accelerator has increased its stake in Proven Energy after investing a further £800,000 into the wind-turbine manufacturer.
Low Carbon Accelerator, an AIM-quoted investment fund specialising in low carbon products and services, has made a £1.2m follow-on investment in Vaperma, an advanced gas-separation specialist for the clean energy sector.
Winterflood says widening discounts symptomatic of diminishing pool of buyers
The downturn in the wider global economy made its mark on the investment trust sector in 2008 as the number of new trust launches halved from the previous year.
Venture capital trusts stood to regain millions of pounds paid in VAT after the UK government decided to allow claims over the past three years.
und of private equity funds hopes to earn millions with longer-dated share class
Richard Hotchkis has been appointed non-executive director of the Alternative Investment Strategies fund of hedge funds.
Jamie MacLeod, chief executive of Skandia Investment Group, talks to Girlie Garduce about its simple approach to business and his bugbear about the investment management industry.
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From advising to acting, Chelsea Financial Services' Barney Hart Dyke makes the switch.
Bad sentiment for investment trusts can prove good for multi-managers as high-quality trusts with flexible gearing can trade on big discounts
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