Fidelity Special Values (FSV) announced its final results for the year with a NAV total return of 5.9% and a 5.6% share price total return against a Benchmark return of 5.2%. The company’s overweight to banks was the largest contributor to performance with the advisor noting that while the performance may look unremarkable at face […]
Scottish Oriental Smaller Companies (SST) announced its annual results for the year ended 31 August 2023. NAV total return was 6.5%, well ahead of the MSCI AC Asia ex Japan Small Cap Index which was up 1.8% and the broader MSCI AC Asia Ex Japan Index, which fell 8.4% Shares were up 8.4%. The largest contributors […]
3i Infrastructure (3IN) has announced its results for the six months to 30 September 2023. The company generated a total return of 6.3% on opening NAV for the first half of the year, ahead of the target return of 8% to 10% per annum. The portfolio overall is performing robustly and ahead of expectations. During […]
International Biotechnology Trust (IBT) announced its results for the year ended 31 August 2023. The share price total return rose by 3% over the financial year to the end of August 2023, while the benchmark NASDAQ Biotechnology Index (NBI) fell by 1.4% over the same period. The company’s Net Asset Value rose by 2.7%. Most of […]
In QuotedData’s morning briefing 7 November 2023: Riverstone Energy Limited (RSE) announced that Hammerhead Energy Inc has finalised the sale of Hammerhead to Crescent Point Energy Corp, a Calgary based energy company, for an enterprise value of C$2.55 billion. RSE invested in Hammerhead, alongside Riverstone Global Energy and Power Fund V, holding approximately 15.5 million […]
abrdn Diversified Income and Growth (ADIG) has endured a tough run over the last few years. The trust invests in a broad range of assets – a total of 130 investments at the end of September 2023, all of which are funds – that includes exposure to private assets (58.9% – which includes unlisted alternatives, […]
RTW Biotech Opportunities (RTW) has announced that it will acquire Arix Bioscience. The transaction is expected to deliver RTW with an expected pro-forma net asset value of approximately $550 million, an increase of 63% The deal will enhance RTW’s profile, provide increased liquidity potential, a more efficient cost base, and a re-rating opportunity. Arix shareholders […]
In QuotedData’s morning briefing 1 November 2023: Vietnam Enterprise Investments Limited (VEIL) has announced that Mr. Gordon Lawson will step down as chair of the company and resign from the board, both effective 30 June 2024. Mr. Lawson has served as an independent non-executive director of VEIL since July 2014, and as chair since 2022. […]
US Solar Fund (USF) has provided an update on its previously announced strategic review. Having reviewed the available options as part of this strategic review, the company considered proposals in relation to: (i) a sale of its portfolio of assets and return of funds to shareholders; (ii) a sale of the entire issued, and to […]
In QuotedData’s morning briefing 31 October 2023: Oakley Capital (OCI), a leading pan-European, mid-market private equity investor, is pleased to announce that Oakley Capital Origin Fund I has agreed to acquire a majority stake in Alerce, a leading Spanish provider of transport and logistics software solutions. Origin will invest alongside Alerce’s founding family, including CEO […]
