Consolidation across the investment trust sector continues apace. The latest deal will see Pacific Assets Trust (LON:PAC) merge with Schroder Asian Total Return (LON:ATR), creating an Asia Pacific-focused fund with roughly £1.1 billion in net assets. Pacific Assets shareholders will have the option to rollover their shares into Schroder Asian Total Return or elect for a 25% cash exit at a 2% discount to net asset value (NAV). If one were looking for a downside to this deal, it does reduce choice for investors seeking Asia-Pacific exposure. The combination will cut the number of trusts in the Association of Investment…

In the latest Sharesify podcast, the chaps turn their attentions to the tech sell-off, a travel retailer in a tailspin and the SpaceX IPO. Our tech whizz Steven discusses the blockbuster launch of Elon Musk’s re-usable rockets innovator onto the public markets. He tells listeners everything they need to know in terms of the IPO timeline. SpaceX IPO frenzy: should UK investors join the rush? Steven also explains why SpaceX could be a bumpy ride for investors. Ian reports back following his fascinating Podcast chat with George Ferguson IV, Senior Aerospace & Defence analyst at Bloomberg Intelligence. The pair discussed…

Shares in WH Smith (LON:SMWH) plunged to a 16-year low after the embattled travel retailer blamed the fallout from the Iran war for its latest profit warning. The FTSE 250 retailer has seen a downturn in trading due to the Middle East conflict, which has impacted passenger numbers. In addition, weaker consumer confidence has crimped spend per passenger at WH Smith’s travel stores. Also exerting pressure on the books, magazines and snacks purveyor’s stock price were its plans for a £100 million equity fundraising. This is intended to bolster WH Smith’s balance sheet and provide fuel for its recovery strategy.…

Used car dealer Motorpoint (LON:MOTR) rallied after reporting an 83% rise in pre-tax profits for the year to March 2026. With its use of data and AI helping to drive sales and improve margins, the company delivered record retail sales volumes and market share gains in FY26. Investors also welcomed news of encouraging current trading, with Motorpoint putting up retail volume growth of 15% across April and May. This was despite the negative impact of the Middle East conflict on consumer confidence. Pedal to the metal FY26 results showed an 8.1% rise in total revenues to the best part of…

Shares in Seraphim Space (SSIT) rocketed higher after largest holding ICEYE quadrupled its valuation to over €10 billion (£8.6 billion) in its latest financing round. The Finnish satellite constellation operator spoke for 47.1% of Seraphim’s NAV as at 31 March 2026. ICEYE is also held by Molten Ventures (GROW), whose shares were also boosted by the revaluation. ICEYE provides sovereign intelligence from space. To date, the company has supplied sovereign satellite systems to seven European governments. The financing proceeds will support the expansion of ICEYE’s global footprint and intelligence capabilities. Consequently, it will enable the firm to meet growing demand…

Investors showed a thirst for Fevertree Drinks (LON:FEVR) after the premium mixers supplier flagged a ‘solid start’ to FY26. The company also said it remains ‘confident’ of meeting full-year forecasts. As predicted by Sharesify in our recent preview piece, the tonic water-to-ginger beer supplier also announced a further £30 million extension to its ongoing share buyback programme. More to come from Molson Coors? In today’s AGM update, the soft drinks group served up positive news relating to its transformational partnership with Molson Coors (NYSE:TAP) in the US. This is Fevertree’s biggest growth market. Fevertree’s distribution partnership with Molson Coors has moved beyond…

In our latest podcast special, Ian Conway and James Crux are joined by Richard Shepherd-Cross, manager of real estate investment trust Custodian Property Income (LON:CREI). The fund seeks to provide an attractive level of income together with the potential for capital growth from a diversified portfolio of commercial real estate properties in the UK. Richard gives us a quick explainer of the difference between a REIT and a property company such as Land Securities (LON:LAND). Our special guest tells us why retail investors have decided to include commercial property in their portfolios in recent years. He also explains why the…

FTSE 250 food producer Tate & Lyle (LON:TATE) has recommended a £2.7 billion takeover by US peer Ingredion (NYSE:INGR). The speciality ingredients group has wrestled with higher costs and weak demand from customers in recent years. Earnings downgrades have ensued, dragging on the share price and leaving Tate & Lyle vulnerable to a bid. Sweetened deal Ingredion’s latest, sweetened total offer of 615p a share represents a 64% premium to the undisturbed Tate & Lyle share price. The deal gives Tate & Lyle shareholders 595p in cash, plus dividends of 20p per share. Acquiring Tate & Lyle strengthens the competitive…

In our latest Podcast, the Sharesify team discuss everything from markets and rockets to cybersecurity, housebuilders and Halma (LON:HLMA). Steven and Ian bring listeners up-to-date with the pricing details for the SpaceX IPO and where investors can get a slice of the action. Our resident tech expert Steven chats through the latest results from UK AI growth stock Raspberry Pi (RPI:LON), chips giant Broadcom (NASDAQ:AVGO) and cybersecurity specialist Crowdstrike (NASDAQ:CRWD). He also looks ahead to updates from Oracle (NYSE:ORCL) and Adobe (NASDAQ:ADBE). James explains why micro cap make-up firm Revolution Beauty (LON:REVB) is rallying. He also gives us his view…

Shares in Revolution Beauty (LON:REVB) jumped on news the Financial Conduct Authority (FCA) has ended its investigation into the troubled cosmetics firm, with ‘no further action’ to be taken. There was no financial or strategic update from the AIM-listed company. However, the cessation of the FCA probe removes an overhang that has long-dogged the business. Revolution Beauty, which sells colour cosmetics and skincare products through retailers including Walmart (NASDAQ:WMT), listed in July 2021 at 160p. Following a turbulent period of accounting probes, boardroom upheaval and persistent losses, it currently trades as a penny stock. The FCA concluded an investigation into…