The Asia Dragon Trust (DGN) announced a strategic review. This follows the recent proposal to combine with Ashoka WhiteOak Emerging Markets (AWEM) which was announced on 7 May 2024. Background to the strategic review In July 2023, the company announced a proposed combination with abrdn New Dawn Investment Trust to create an enlarged company with […]
Real estate quarterly report Desperately seeking a catalyst The real estate investment trust (REIT) and listed property sector seems to have been cut adrift and is desperately seeking a positive macroeconomic outlook on which investors can hang their hat and from which sentiment can grow. The first quarter of 2024 started as 2023 left off […]
First quarter of 2024 Investment Companies | Quarterly roundup | April 2023 Kindly sponsored by abrdn Equity rally belies difficult quarter for sector 2024 started on strong footing, with global equities (as measured by the MSCI All Countries World Index) rallying 9.2% over the first three months (in sterling terms). However, while there some standouts […]
abrdn European Logistics Income (ASLI) reported a big hit to its NAV in full year results for the year to 31 December 2023, as the impact of higher interest rates weighed on portfolio values. IFRS NAV decreased by 21.4% to 93.4 cents (31 December 2022: 118.9 cents), while the EPRA net tangible assets metric was […]
The board of Balanced Commercial Property Trust (BCPT) has launched a strategic review into the future of the company, with all options – including a sale, merger, or continuing as is – on the table. The move comes as the company approaches a continuation vote later this year. The board pointed out that the company […]
GCP Asset Backed Income has published more information on its portfolio and its strategic review. In addition, an updated portfolio report is now on the company’s website at https://www.graviscapital.com/funds/gabi-strategic-review/literature. Portfolio repayment profile As at 31 December 2023, the company was invested in a portfolio of 42 asset backed loans with a weighted average loan duration […]
As a result of the failed continuation vote of Hipgnosis Songs Fund (SONG), where 83% of shareholder votes were cast against the resolution, the newly constituted board is continuing its strategic review looking at all options to be considered for the future of the company, with the aim of maximising value for shareholders. As announced […]
Review 2023 Annual roundup | Investment companies | January 2024 Over the worst, and the bulls are loose While there were plenty of financial headlines over 2023, inflation was still the main influence on markets. Rates of inflation are well below their 2022 peaks, but it was only towards the end of October 2023 that […]
Real Estate Annual Review Kindly sponsored by abrdn Things can only get better The real estate sector endured a tough 2023, with much of the year characterised by falling values amid the high interest rate landscape. Values have since stabilised across sub-sectors. Optimism returned in the final couple of months of the year, on promising […]
In this week’s show, James Carthew and Andrew McHattie from Investment Trust Newsletter reviewed the investment companies sector in 2023. If there is a guest speaker you’d particularly like to hear from, please email us on [email protected]. Additionally, if you would prefer to watch and ask questions live, please join us every Friday at 11am.
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated
