Disposal boosts Chrysalis' liquiditySBO to receive back original investmentAnalyst says deal is 'good news' for UK techBritish semiconductor company Graphcore may have been sold to Japan's Softbank (9984:TYO) at a fraction of its peak value, but the deal has allowed investment trusts Chrysalis Investments (CHRY) and Schroder British Opportunities (SBO) to realise some cash and report uplifts in NA

Stock markets have been making new all-time highs in the US, Europe and Japan and investors are asking whether they are witnessing a new global bull market for stocks which began in November 2023.Momentum is a powerful factor in stock markets. Prices tend to trend in the same direction which mean buying winners and selling losers can be a profitable strategy.It is not only about price but also ear

Near-£3 million settlement reached with ex-CEORevolution sees settlement as ?fair?Makeup firm may face legal action from ChrysalisSmall cap cosmetics firm Revolution Beauty (REVB:AIM) has reached a near-£3 million settlement with co-founder and former CEO Adam Minto, one that seemingly draws a line under the accounting scandal that delayed its 2022 results and sent the shares up 4% to 31p on Mon

Revolution in row with growth trust ChrysalisNo legal proceedings launched yetNew management looking to turn Revolution roundShares in Revolution Beauty (REVB:AIM) cheapened 2.7% to 29.2p on Friday after the troubled makeup company insisted it ?strongly contests? allegations made against it by former shareholder Chrysalis Investments (CHRY).This week (29 January), the board at investment trust Chr

Unless they own shares in investment trusts, most readers probably will not have heard of the phrase 'continuation vote', and there is a chance a good many who do own investment trusts may be unfamiliar with them too.However, as the recent ups and (mostly) downs at music royalty fund Hipgnosis Songs Fund (SONG) have demonstrated, continuation votes can be literally a make-or-break event for trusts

After seven weeks on strike the UAW (Union of Auto Workers) and the major US auto makers seem to have finally agreed workable deals.Fiat/Chrysler owner Stellantis NV (STLAM:BIT) and Ford Motor Company (F:NYSE) announced deals over the weekend while the last standout General Motors (GM:NYSE) followed suit on 30 October.The General Motors agreement is still tentative but is believed to follow the sa

Share buyback on the cardsPerformance fee slashedConsulting with shareholders on strategyInvestment trust Chrysalis (CHRY), which owns stakes in 'innovative, high-growth private companies' such as Swedish buy-now-pay-later firm Klarna and UK challenger bank Starling, announced it would re-jig its capital allocation policy to allow it to buy back shares while slashing the performance fee it pays to

The FTSE 100 ended higher on Tuesday despite figures showing UK wage growth picked up, bolstering expectations of an interest rate hike from the Bank of England next week.The FTSE 100 index closed up 30.66 points, 0.4%, at 7,527.53. The FTSE 250 ended up 19.86 points, 0.1%, at 18,542.30, and the AIM All-Share closed up 0.86 of a point, or 0.1%, at 743.21.The Cboe UK 100 ended up 0.5% at 750.25, th

Value-focused trust delivered 3.4% NAV total returnMarks & Spencer among best-performersCar maker Stellantis is a new purchaseValue-oriented investment trust Temple Bar (TMPL) outperformed the FTSE All-Share index in the half ended 30 June 2023 as strong share price performances from the likes of Marks & Spencer (MKS), EasyJet (EZJ) and Standard Chartered (STAN) more than offset disappointing show

European equities retreated once more on Thursday, but it was a tale of two markets in the US as Nvidia drove the Nasdaq higher as it aimed to join the trillion dollar club.But blue chips globally remained in the doldrums with fears of a US default rising by the day as lawmakers in Washington failed to make a breakthrough in debt ceiling talks.The FTSE 100 index closed down 56.23 points, 0.7%, at

UK equities market staged a late recovery on Thursday, making back - but not advancing on - the large losses which followed a hotter than expected US consumer inflation reading.After the release of the US inflation data the FTSE 100 fell to about 6,700, but after Wall Street unexpectedly reversed its own early morning losses, London's blue chips shot back into the green.The FTSE 100 index closed u

- Index changes to be announced tonight- Three new names to join the FTSE 100- Four new faces in the mid-cap FTSE 250Investors with FTSE tracker funds will be keenly waiting for details of the latest index reshuffle due to be published after the market close tonight.As well as changes to the FTSE 100 big-cap index there are expected to be several changes to the FTSE 250 mid-cap benchmark and the F

Stock markets were in a positive mood early Thursday, after a cooler-than expected inflation reading in the US gave Wall Street a big boost, with the tech-heavy Nasdaq Composite closing up almost 3%.In London, focus was back on earnings reports, with positive updates by Entain and Coca-Cola HBC keeping optimism intact.The FTSE 100 was marginally lower, down 1.70 points at 7,505.41. However, the mi

This year's market turmoil has caused many investment trusts to trade below their average discount to net asset value. It means investors can often buy £1 worth of assets for 90p or thereabouts.A popular trading strategy is to find investment trusts on wider than normal discounts and buy them in the hope the discount narrows. The trick is to understand which trusts have become cheaper due to a on

Shares in private equity investment trust Chrysalis Investments (CHRY) continued to fall following reports in the Wall Street Journal that investee company Klarna is attempting to raise approximately $650 million from existing investors at a significant discount to previous funding rounds.Buy now, pay later provider Klarna is the second largest position in Chrysalis' portfolio and accounts for app

Private equity investors have been put on warning after press reports last month that privately-owned BNPL (buy now, pay later) specialist Klarna was seeking to raise fresh capital at a steep discount to its previous valuation.This has raised the question of whether private equity valuations need to be downgraded across the board, as this would affect many investment trusts with unquoted holdings.

Listing shares on a stock market used to be the default option for many businesses, providing them with access to a large pool of investors to tap up for funding and the ability to use their shares to pay for acquisitions.However, private equity funding now provides many businesses with a lot of the benefits of a public listing but without all the hassle.Even though an increasing number of busines

Chrysalis Investments' (CHRY) net asset value (NAV) per share grew by 7.7% to 251.96p in the third quarter to 30 September 2021, taking year-to-date NAV growth to an impressive 39.4%.The private equity trust, which supports tech disruptors with later stage and pre-IPO funding, many of which are in the 'fintech' space, said the quarter was relatively quiet in terms of funding rounds, yet the portfo

It's almost impossible to talk about the general stock market without including the big five tech titans in the conversation. Google-owner Alphabet, Amazon, Apple, Facebook and Microsoft are as well-known to UK investors today as Lloyds (LLOY) or Sainsbury's (SBRY), the ubiquity of their products and services as wide as Heinz baked beans.Often referred to by the acronym FAAMG (or GAFAM, take your

Keeping a regular watch on stocks with positive and negative share price momentum is a useful exercise as it tells us which areas of the market are hot or not.Investors who follow a pure momentum strategy like to buy stocks that keep a hitting a new 12-month high in the belief the share price is on a roll and can keep going up.Some investors avoid stocks hitting a new 12-month low, for fear this n