Cobalt investment company, Cobalt Holdings has announced plans to list on the LSE. Cobalt Holdings is looking to capitalise on the rising demand for the metal, which is a key component of electric vehicles and the broader renewables transition. The company is aiming to raise £180mn in a May listing and is backed by commodity […]
Mobius Investment Trust (MMIT) announced its annual results for the year ended 30 November 2024. The company delivered a NAV total return of 5.2% marginally trailing the benchmark MSCI Emerging Markets Mid Cap index return of 6.6%. The share price total return was 5.1%, with shares now trading at a 8.2% discount. The manager noted […]
In QuotedData’s morning briefing 11 March 2025: Ecofin U.S. Renewables Infrastructure Trust (RNEW) announced the completion of the disposal of its DG Portfolio was completed on 10 March 2025. The disposal is the first sale to be signed and completed as part of the managed wind-down. The net proceeds of the disposal (after deduction of […]
Montanaro UK Smaller Companies (MTU) today announced a £20m buyback, representing around 12% of its outstanding share capital. The announcement follows the introduction of a buyback policy earlier this year, the first since 2008, which has been implemented in order to help manage the company’s discount which currently sits at 7.8%. The significant size of […]
Tetragon Financial Group (TFG) announced its annual results for year end 31 December 2024. The company delivered a NAV total return of 15.4% and a share price total return of 47.8%. The company’s performance was mainly driven by investments in Equitix, Ripple Labs Inc., and funds managed by Hawke’s Point. Firstly, TFG Asset Management’s investment […]
BlackRock World Mining Trust (BRWM) announced its annual report for the year ended 31 December 2024. The company saw a NAV total return fall 10.7% while the share price fell 12.7%. Over the same period, the company’s benchmark index, the MSCI ACWI Metals & Mining 30% Buffer 10/40 Index (net total return), returned -9.9%. The […]
In QuotedData’s morning briefing 5 March 2025: Murray Income Trust (MUT) announced its interim results for the six months to 31 December 2024.The company’s NAV total return was down 2.1% while the share price total return was down 2.4%. Over the same period, the benchmark rose 1.9%. MUT noted that the underperformance was due to […]
On 12 February 2025, CQS Natural Resources Growth and Income announced the receipt of a requisition served on behalf of Saba Capital Management for a second general meeting of shareholders. Since then, the board has engaged in a series of very constructive discussions with Saba, which has agreed to withdraw the requisition to enable the […]
Apax Global Alpha (APAX) announced its annual results for the year ended 31 December 2024. The company delivered a NAV total return of 0.8% (or 3.0% in constant currency) with negative impacts from the decrease in its private equity portfolio and retail investments weighing on returns. The three core sectors of Tech, Services, and Internet/Consumer […]
Riverstone Credit Opportunities Income (RCOI) has announced its full year results for the year end 31 December 2024. On 22 May 2024, the company entered into a managed wind-down. During the the year, the company’s NAV decreased by 13%. This was principally attributable to the reduction in the company’s value for Harland & Wolff. After […]
