LMS Capital has announced the company’s annual results for the year ended 31 December 2023.The NAV total return for the year fell 7.9%. The main drivers of the negative returns were FX headwinds and an unrealised loss on the revaluation of the Brockton Fund 1. Offsetting this was the sale of the company’s Medhost investment […]
NextEnergy Solar Fund (NESF) has announced that it has successfully begun commercial operations at its standalone 50MW energy storage asset, named Camilla. This is a significant milestone for the company as it increases NESF’s total installed net capacity above 1GW to 1,014MW. Camilla connected to the National Grid in December 2023 and progressed successfully through […]
In QuotedData’s morning briefing 19 March 2024: SDCL Energy Efficiency Income Trust (SEIT) provided an interim update for the period from 1 October 2023 to 18 March 2024. The company noted that it is on track to deliver fully cash covered aggregate dividends of 6.24p per share for the financial year to 31 March 2024 […]
With inflation rates much reduced, investors became convinced in October that interest rates had peaked. Share prices in the renewables and infrastructure sectors began to rise while yields began to fall and there was a sense that as we entered 2024 we had passed the worst of the sell-off in those sectors. However, as the […]
Brunner Investment Trust (BUT) released its annual results for the period ended 30 November 2023. The company’s NAV total return was 8.7%, versus 5.5% for the composite benchmark (70% FTSE World Ex. UK / 30% FTSE All-Share). This marks the 5th consecutive year of outperformance of the benchmark by the trust. Despite the outperformance, the […]
In QuotedData’s morning briefing 14 February 2024: Diverse Income Trust (DIVI) released its half year report for the period ended 30 November 2023. The Trust’s NAV total return was down 1.3% over the half year, in contrast with the total return of the Deutsche Numis All-Share, Index, (dominated by returns on the largest stocks) which […]
In QuotedData’s morning briefing 13 February 2024: JPMorgan Global Growth & Income (JGGI) announced a placing and retail offer of shares in light of the ongoing demand in the market (with a total of 50,975,336 JGGI shares being issued over the last 12 months) and a recent approach by a large wealth manager who has […]
RIT Capital Partners has announced an annual update for the year ended 31 December 2023. The company’s NAV was up 3.2% over the 12 month period and the company expects to provide full details of the year’s performance when the annual report is released in March. Commenting on the performance, the manager noted that the […]
HydrogenOne (HGEN) has announced an update for Q4, with NAV increasing 1.6% over the 3 month period to December 31 2023. This marks a total NAV return of 5.8% for the year. The company highlighted the ongoing growth of its portfolio, which delivered an aggregate £74m over the 12 months to 31 December 2023, an […]
In QuotedData’s morning briefing 7 February 2024: UK Commercial Property REIT (UKCM) posted a 2.5% fall in NAV to 78.7p per share in the quarter to 31 December 2023. The group’s portfolio value dropped 2.1% in the period to £1.25bn. On the operational side, the company grew earnings 6.3% over 2023 to 3.35p per share. […]
