AVI Global Trust Announces Director Appointment
The investment trust has announced the appointment of a new non-executive director.
The investment trust has announced the appointment of a new non-executive director.
The investment trust reported a 1.0% increase in NAV total return, slightly underperforming its benchmark. It raised its interim dividend and continued share buybacks, while noting increased market volatility.
The investment manager AVI has published an open letter to the Supervisory Board of Gerresheimer AG, a company in which AVI Global Trust holds a 3.5% stake.
The investment trust manager comments on a proposed merger involving one of its portfolio companies, Third Point Investors.
The investment firm AVI is launching a campaign to urge changes in the governance of Japanese technology company Wacom, citing concerns over the performance of its Branded Business segment.
The investment manager and his family have purchased additional shares in the investment trust.
The investment trust has announced a director has purchased shares in the company.
The investment trust calls on the Japanese pharmaceutical company to focus on its profitable skincare and eye drops businesses, while enhancing capital efficiency and investor relations.
The investment trust provides an update on its holdings in other closed-end funds, as required by listing rules.
The investment manager of the AVI Global Trust has sold 8,000 ordinary shares in the company.