In QuotedData’s morning briefing 23 January 2024: Baillie Gifford US Growth Trust (USA) announced an update for the six months to November 30, 2023. The company’s share price and NAV returned 12.3% and 4.1% respectively. This compares with a total return of 7.9% for the benchmark US index. Since launch on 23 March 2018, to […]
VietNam Holding Limited (VNH) has published a monthly investor report with the manager highlighting a number of positive economic updates. Trade continued to improve in December 2023 amid growing global complexities, with Vietnam’s trade surplus reaching a record USD 28bn. This not only supports monetary policy easing, but also helps pave a more favourable macroeconomic […]
In QuotedData’s morning briefing 17 January 2024: Ruffer Investment Company (RICA) has provided an update for the six months to December 31 2023. The NAV total return was 0.6% and the share price total return was 0.3%. For the calendar year this was -6.2% and the share price total return was -10.6%. The managers note […]
Oakley Capital Investments Limited (OCI) is pleased to announce that Oakley Capital Fund V2 has agreed to acquire Steer Automotive Group, the UK’s leading B2B automotive services platform. OCI’s indirect contribution via Fund V is expected to be up to £90 million (note that the above figure only relates to OCI’s share of Oakley’s overall […]
In QuotedData’s morning briefing 16 January 2024: Cordiant Digital Infrastructure Limited (CORD) announced that Belgian foreign direct investment approval has been granted and the acquisition of Norkring België for total consideration of €6.2 million from Telenor Communication II AS and Participatiemaatschappij Vlaanderen NV has completed. Norkring operates 25 communication and broadcast towers in Belgium. Weiss […]
abrdn Diversified Income and Growth (ADIG) announced its annual report for the period ending 30 September 2023. The company’s NAV total return was +0.4%. In line with wider market volatility affecting the whole investment trust sector, the discount continued to widen to 25.7% as shares fell just over 6.9% over the year; this represented a […]
In QuotedData’s morning briefing 10 January 2024: Gore Street Energy Storage Fund (GSF) provided an update for the three months to 31 December 2023. The quarter continued to highlight the stability of the company’s revenue, with the portfolio generating an estimated £15.1/MW/hr, consistent with the £15.1/MW/hr generated during the prior six months to 30 September […]
In QuotedData’s morning briefing for 9 January 2024: Unite Group (UTG) has released fourth quarter 2023 valuation information on its student accommodation portfolio. The group’s USAF property portfolio (27,922 beds in 71 properties across 19 university towns and cities in the UK) was independently valued at £2,992m at 31 December 2023, a 2.1% increase on […]
On December 29, 2023, LumiraDx Limited announced that Andrew Johnson, Lisa Rickelton and Lindsay Hallam of FTI Consulting had been appointed as joint administrators of two of its subsidiaries, LumiraDx Group Limited and LumiraDx International Limited, which hold the assets of the LumiraDx group. Following their appointment, the administrators have entered into a sale and […]
In QuotedData’s morning briefing 2 January 2024: European Assets Trust (EAT) announced that as part of an orderly succession plan, Kate Cornish-Bowden has today been appointed to the board and its committees. Kate Cornish-Bowden is the chair of International Biotechnology Trust, and a non-executive director of Finsbury Growth & Income Trust and CC Japan Income […]
