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QuotedData’s morning briefing 9 October 2020

QuotedData's Morning briefing

In QuotedData’s morning briefing 9 October 2020:

  • Aquila European Renewables Income Fund has announced the results of its equity raise – €127.5m before expenses. the fund is issuing 122,902,772 ordinary shares at €1.0375 per share. This represents a premium of 5.2% to the company’s NAV as at 30 June 2020.
  • JPMorgan Multi-Asset Trust (MATE) has announced its half year results for the six months ended 31 August 2020. During the year, MATE provided a negative NAV total return of 4.9%, which it says is an underperformance of 7.3% over MATE’s reference index (the LIBOR one-month sterling rate plus 4.5% per annum).

We also have annual results from Secured Income Fund and the retirement of veteran fund manager, Robert Siddles, as manager of Jupiter US Smaller Companies from April 2021. QuotedData wishes Robert well in his retirement, when it comes next year.

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