News

13 Jun 2023
a stack of newspapers next to a mug of tea 230601 morning 2

QuotedData’s morning briefing 13 June 2023

Atrato Onsite Energy (ROOF) announced its interim results for the six month period ended 31 march 2023. The company’s performance was generally positive with a modest improvement in NAV, which was up around 1%, while revenue growth came in 9% ahead of budget. Dividends were flat. Still, shares fell 14% during the period dragging the […]

07 Jun 2023
Biotech overweight hurts Worldwide Healthcare

Another down year for Worldwide Healthcare

Worldwide Healthcare Trust (WWH) has released its annual report for the year ended 31 March 2023. The company’s net asset value per share total return was -0.1% and the share price total return was -4.1%, underperforming the benchmark MSCI World Health Care Index measured on a net total return, sterling adjusted basis, which returned +2.5% […]

07 Jun 2023

QuotedData’s morning briefing 7 June 2023

Pantheon Infrastructure (PINT) announced a £52.5m increase to its existing £62.5m multicurrency revolving credit facility bringing the total to £115m. The increase in the loan facility provides the company with additional liquidity to support further investment in high-quality infrastructure assets from PINT’s near-term investment pipeline. The loan facility is currently undrawn. abrdn Diversified Income and […]

06 Jun 2023

JPMorgan European Growth & Income beats its benchmark while still growing its dividend

JPMorgan European Growth & Income (JEGI) has released its annual report for the year ended 31 March 2023. The total return on net assets for the company’s ordinary shares was +9.9% (debt at par value) and +12.5% (debt at fair value). Both of these returns compare well with its benchmark, MSCI Europe ex UK, which […]

06 Jun 2023

Another challenging year for abrdn Japan Investment Trust

abrdn Japan Investment Trust (AJIT) announced annual results for the year to 31 March 2023. The company’s net asset value total return for the period was -4.4%, in sterling terms, underperforming the TOPIX Index, the company’s benchmark, gain of 2.8%. The company’s share price ended the year at 13.9% with the discount to NAV per […]

06 Jun 2023

QuotedData’s morning briefing 6 June 2023

Marwyn Value Investors (MVI) announced the appointment of Will Self to the company’s board as CEO, leading the development and execution of MVI’s overall company strategy. James Corsellis, CIO commented: “We are delighted to be working with Will in his new role as CEO, alongside Mark Hodges as chairman, as the company continues in the […]

02 Jun 2023

QD view – Can we just stop oil? Contrasting the fortunes of two UK equity income trusts

The recent annual results from CT UK High Income (CHI) and Edinburgh Investment Trust (EDIN) have given us the interesting opportunity to compare the views of two managers targeting the UK equity income sector. Since the pandemic lows reached towards the end of 2020, the two funds have seen a wide divergence in performance with […]

31 May 2023

Odyssean Investment Trust continues to execute

Odyssean Investment Trust (OIT) announced its annual results for the year ended 31 March 2023. NAV per share fell 2.2% while shares fell 1.2% over the 12 month period, comfortably outperforming the benchmark Numis Smaller Companies Index ex IC plus AIM Total Return Index which fell 13.4%. Shares in the company continue to trade at […]

31 May 2023

QuotedData’s morning briefing 31 May 2023

Taylor Maritime Investments (TMI/TMIP) Limited announced the appointment of Henry Strutt as non-executive chair of the company with effect from 1 June 2023. Strutt brings extensive financial services experience from his time spent in senior positions at several financial institutions, including Robert Fleming Group of Companies, Smith & Williamson, and Harrods Bank. He also has […]

30 May 2023

Controversy continues at Home REIT

Home REIT has announced an update on its internal investigation into allegations of wrongdoing including matters raised in the Viceroy Research report. As announced on 16 February 2023, the company instructed Alvarez & Marsal Disputes and Investigations (A&M), as independent forensic accountants to conduct an investigation. A&M delivered to Home REIT a detailed report prepared […]