Polar Capital Global Healthcare (PCGH) announced its annual report for the year ended 30 September 2023. NAV total return was 4.21%, ahead of the benchmark MSCI ACWI Health Care Index which returned 1.19%. Share price total return was 1.92%. The outperformance was driven by strong stock selection, largely due to the focus on the company’s […]
Schroder UK Mid Cap Fund (SCP) announced its annual results for the year ended 30 September 2023. The company’s NAV total return for the year was 17.6%, outperforming the benchmark which produced a total return of 13.6% over the year. The share price total return was 17.4% due to a very small widening of the […]
GCP Asset Backed Income Fund announced it has commenced a strategic review following the company’s announcement on 18 September 2023 that it had ceased merger discussions with GCP Infrastructure Investments Limited and that the board would propose a continuation vote at its AGM to be held in May 2024. The decision to commence the strategic […]
JPMorgan Indian Investment Trust (JII) has announced its annual results for the year ended September 30 2023. NAV total return for the year was 1.2%, marginally ahead of the benchmark return of 0.7%. Share price total return was 2.2% with the discount closing at around 18%. The manager noted that It was a year of […]
GCP Infrastructure Investments (GCP) announced its annual report for the year ended 30 September 2023. Total NAV return for the year was 3.7% while total shareholder returns fell 25.2%. The discount sat at around 40% at the last close while the weighted average dividend was 7.9%. The company also saw a considerable fall in profits […]
Following the release of the company’s interim results, Triple Point Energy Transition (TENT) announced that an orderly realisation of assets, and return of associated realised capital, is the most viable option to maximise shareholder value in the short to medium term. The announcement follows a comprehensive review of the options for the group and its […]
In QuotedData’s morning briefing 13 December 2023: Triple Point Energy Transition (TENT) announced its interim results for the six months ended 30 September. The company’s NAV fell 4.3% while shares fell 22% as the discount widened to over 40% at last close. In light of the stubborn discount the company has announced that an orderly […]
Montanaro European Smaller Companies Trust (MTE) has announced its interim results for the six months to September 30 2023. The company’s share price total return was down 13.2%, while NAV per share fell 12.5%, underperforming the company’s benchmark, MSCI Europe ex-UK SmallCap index, which was down 7.5%. The discount widened to 13.8%. Commenting on the […]
Polar Capital Technology Trust (PCT) has announced its interim report for the six months to 31 October 2023. NAV total return for the period was 12.1%, trailing the benchmark return of 12.8% (The Dow Jones Global Technology Index). Shares were up 10.6%. The company’s discount stood at 14.5% at the end of the period. Commenting […]
In QuotedData’s morning briefing 12 December 2023: Vietnam Enterprise Investments (VEIL) released its monthly update for November, highlighting a NAV increase of 8.7% total return in USD over the previous month against a gain of 8.0% for its reference index, the Vietnam Index ( VNI). VEIL’s share price increased 7.2% in November and has declined […]
