News

23 Jan 2024

Asian Energy Impact Trust provides results updates

Asian Energy Impact Trust (AEIT) formerly ThomasLloyd Energy Impact Trust has announced both its audited results for the 12 months ended December 31 2022, and the six months ended 30 June 2023. The earlier results were delayed due to a drawn out dispute and then valuation uncertainty surrounding its investment in SolarArise Rewa and the […]

23 Jan 2024

Hipgnosis Songs Fund provides strategic review update

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 […]

23 Jan 2024

Downing Renewables & Infrastructure announces acquisition of its first Icelandic asset

Downing Renewables & Infrastructure (DORE) announced that it has acquired its first Icelandic asset, a 1.1MW hydropower plant, located in south-central Iceland with an annual average production of c. 8 GWh. The total investment was c. £5m (EUR 6m). The run-of-river plant has been operational since 2018 and derives its water from both natural springs […]

23 Jan 2024

QuotedData’s morning briefing 23 January 2024 – USA, GPE

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 […]

17 Jan 2024

VNH maintains strong momentum

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 […]

17 Jan 2024

QuotedData’s morning briefing 17 January 2024 – RICA, ACRM, APEO, SHED, PRSR

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 […]

16 Jan 2024

OCI announces investment in Steer Automotive Group

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 […]

16 Jan 2024

QuotedData’s morning briefing 16 January 2024 – CORD, WKOF

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 […]

10 Jan 2024

abrdn Diversified Income and Growth begins wind down

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 […]