Today news
About the same in other media
Fidelity platform lifts investment restrictions on RIT Capital Partners
Reading now: 313
The restrictions were first placed in August 2023, with the firm arguing at the time that the move was «in the best interest of our customers». According to data from the Association of Investment Companies, the Rothschild-backed trust has over £4.1bn in assets and is trading at a 31.4% discount. In share price terms, RIT has returned 1.1% over the last year, compared to the AIC Flexible Investment sector's 7.7% gain. Following the removal of Fidelity's restrictions, the trust's share price has rebounded, and is currently up more than 1% at around £18, after reaching £17.3 at clos...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared cnbc.com /2 weeks ago
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest” abcnews.go.com /2 weeks ago
Fidelity platforms lift restrictions on Majedie Investments and CT Global Managed Property Income investmentweek.co.uk /2 weeks ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
