GVP News

Gabelli praises UK investment trusts

24 July, 2015Editorial Team

Marc Gabelli, chief executive of Gabelli Securities, praised the UK for bringing together retail and institutions in the investment trust market and said London could look to widen the investor base in continental Europe. Gabelli Funds completed the £100m offering of a closed-end fund, The Gabelli Value Plus+ Trust, on the London Stock Exchange in … Continue reading Gabelli praises UK investment trusts

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Investment trusts: Go hunting for value with ‘Super Mario’ Gabelli

4 March 2015David C Stevenson

Mario Gabelli is an investment legend and he’s just launched a new fund in London. Smart investors should get onboard.

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Gabelli Launches in London as it Celebrates a Successful Fundraising

21 February, 2015 Dice McCairn

Although virtually unknown in the UK, but with a record of long term outperformance in their native USA, Gabelli has succeeded in breaking through the important £100 million mark in its float on the London Stock Exchange.

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US activist investment trust bags £100m at launch

19 February, 2015 Daniel Grote

Shares in Gabelli Value Plus Trust jump 4% in first day of trading

The Gabelli Value Plus Trust (GVP), run by Gamco Investors, the New York-based activist fund manager, has raised £100 million at launch.

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US equities trust bucks tough fundraising environment with £100m IPO

19 February, 2015Dan Jones

US equities trust bucks tough fundraising environment with £100m IPO
The Gabelli Value Plus trust is to list on the London Stock Exchange on 19 February after a fundraising period described by Numis analysts as “a considerable success”.

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Activist Gabelli Value Plus trust raises £101m at launch

19 February, 2015James Phillipps

Activist Gabelli Value Plus trust raises £101m at launch
The Gabelli Value Plus Trust, run by Gamco Investors, the New York-based activist fund manager, has raised £101million at launch

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Gabelli trust may have a tough time, analysts predict

9 February, 2015 Kathleen Gallagher

Gabelli trust may have a tough time, analysts predict
Experts have warned that a new US investment trust coming to the UK market may struggle to get off the ground.
Gabelli Asset Management, a US-based investment manager, is raising money for the Gabelli Value Plus+ Trust, a new
investment trust that will invest in US equities.

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Witan’s Bell to Chair New US Activist Trust

27 January, 2015Gavin Lumsden

Gamco Investors, the New York-based activist fund manager, has hired Witan (WTAN +) chief executive Andrew Bell to chair its first investment trust in the UK.

The firm is looking to raise up £250 million for the Gabelli Value Plus Trust and hopes the presence of experienced investment trust board and an innovative approach to the US will appeal to UK investors.

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US Fund Manager Attracts an Impressive Board in Advance of UK Launch

27 January, 2015Dice McCairn

Gabelli Value Plus+ Investment Trust is seeking to raise up to £250 million to bring their successful ‘Private Equity’ approach to stock market investing to UK Investors.

Andrew Bell the Chief Executive of Witan Investment Trust will Chair the new trust, which has also attracted the former Chair of Aberdeen Asset Management Charles Irby, and Alex Hammond-Chambers who Chaired Ivory & Sime, the esteemed Scottish Asset Manager now part of F&C, who currently Chair’s Hampden & Co, and the soon to launch private bank.

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Gabelli Trust Appoints Pair Before Market Listing

25 January, 2015Gareth Mackie

TWO grandees of Scotland’s investment sector have joined the board of a trust that is aiming to raise up to £250 million when it lists on the London market next month.

Charles Irby, a former chairman of Aberdeen Asset Management, is to serve as a director of the Gabelli Value Plus+ Trust, which will be pitching to Scottish investors this week ahead of its planned listing.

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US Fund Manager Seeks up to £250m For UK-listed trust

19 January, 2015Peter Walker

US fund manager Gamco Investors is set to launch a UK-listed closed-end fund investing in US equities and aiming to raise between £100m to £250m.

The Gabelli Value Plus+ Trust will be managed by Gabelli Funds and is due to begin trading in February on the London Stock Exchange under the symbol GVP.

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Outgoing AIC chair takes role on new US investment trust

13 January, 2015Adam Lewis

Outgoing AIC chairman Andrew Bell is to sit as chair on the proposed launch of a new US equity investment trust managed by US-based Gamco Investors.

The Gabelli Value Plus+ Trust will be managed by Gabelli Funds, which is a subsidiary of Gamco. The fund is looking to raise between £100m and £250m and is anticipated to begin trading next month on the London Stock Exchange.

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GAMCO launches Gabelli Value Plus+ Trust

13 January, 2015Leah Cunningham

GAMCO Investors is to launch a UK listed closed-end fund, The Gabelli Value Plus+ Trust (the Trust), to invest in US equities.

The Trust will be managed by Gabelli Funds, LLC and is targeting a fund raise between GBP100m and GBP250 million. As part of the offering, GAMCO Investors, Inc will invest 10% of the total capital raised in the issue and it is anticipated that the Trust will begin trading in February on the London Stock Exchange under the symbol GVP.

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