Electra

Shareholders in Electra Private Equity have voted to elect activist investor Edward Bramson onto the board, after a public debate over the future of the trust.

Share price total return up 25%

Activist pursuing board appointments

Figures from the AIC show that 45% of investment trusts have now had the same manager for at least a decade, with a select few having been in charge for a quarter century.

Alliance Trust may find inertia its most powerful weapon in the attempt to fight off Elliott Advisors' proposals for change at the company.

Edward Bramson's Sherborne Investors has further upped its interest in Electra Private Equity as it plans its next move following an unsuccessful attempt to take control of the trust last year.

Electra Private Equity shareholders have rejected activist investor Edward Bramson's attempts to force a change in the board and running of the company.

Electra Private Equity has urged shareholders to reject a fresh approach from activist investors Edward Bramson after he wrote a critical letter to Electra's shareholders.

Private equity firm Electra has rebuffed activist investor Edward Bramson's attempt to become a director.

Activist investor Edward Bramson has added to his stake in Electra for the second time in a week, making a 10% profit in the process.