Leading the list of insider sellers in the run-up to Christmas was Tatton Asset Management (TAM) chief executive Paul Hogarth, who offloaded 1.18 million shares at an average price of 590p to scoop almost £7 million in proceeds on 22 December.The sale followed the disposal of just under 300,000 shares at 525p back in September which raised £1.54 million.It has been a productive year for...

A 14% discount to net asset value at Strategic Equity Capital (SEC) suggests significant rerating scope remains at this concentrated trust of 20 carefully selected small cap names.Since seasoned investor Ken Wotton took over as lead manager last September, the discount has narrowed, and we think an improved net asset value performance driven by portfolio changes offers a catalyst to bring the...

If the 2010s represented the temperamental teenage years of sustainable and ethical investing, 2020 marked its 'rite of passage' to adulthood. During the first quarter of 2020, even as markets around the world nosedived and global fund outflows hit $385 billion, sustainable funds saw net inflows of $45.6 billion according to Morningstar.As the industry matures there are those who can imagine a...