News

02 Jul 2024
two hands cradle a coffee cup with a feathered patter on top, both rest on a newspaper, a pen and a pair of glasses are also on the paper

QuotedData’s morning briefing 2 July 2024 – JGGI, RTW, IHR

In QuotedData’s morning briefing 2 July 2024: JPMorgan Global Growth & Income (JGGI) announced that it intends to pay dividends totalling 22.80 pence per share (5.70 pence per share per quarter) in relation to its financial year commencing 1st July 2024. This is in line with its policy of paying out 4.0% of the company’s […]

27 Jun 2024
a notepad and pen sitting next to a cup of coffee in a blue cup and saucer

QuotedData’s morning briefing 27 June 2024 – HEIT, SBO, SCP, ADIG

In QuotedData’s morning briefing 27 June 2024: Harmony Energy Income (HEIT) announced its interim results for the six-month period ended 30 April 2024. The NAV total return over the period was 14.89%, while shares fell 57%. Schroder British Opportunities (SBO) announced the appointment of Justin Ward and Jemma Bruton as independent non-executive directors of the […]

26 Jun 2024

Alliance and Witan to combine

Alliance Trust (ATST) and Witan Investment Trust (WTAN) have announced that the two companies will combine to form Alliance Witan. Under the new deal, Witan’s assets will be rolled into Alliance Trust in exchange for the issue of new ordinary shares in the newly-named Alliance Witan. Specifics of the deal include: Alliance Trust’s investment strategy, […]

26 Jun 2024

The Global Smaller Companies Trust sees solid return, although still lags benchmark

The Global Smaller Companies Trust (GSCT) announced its annual results for the year ended 30 April 2024. The company delivered a NAV total return of 9.0% (2023: -2.9%) versus 11.3% for the benchmark (2023: -2.1%). The share price total return was 12.7% (2023: -6.2%). The company also announced a 22.2% increase in its dividend, the […]

26 Jun 2024

Solid returns for Sequoia Economic Infrastructure despite macro challenges

Sequoia Economic Infrastructure (SEQI) has announced its annual results for the year ended 31 March 2024. The company delivered a NAV total return of 8.1% for the year, in excess of target return of 7-8%. Total dividends were 6.875p per ordinary share, in line with the target of a 10% increase. The share price total […]

26 Jun 2024

QuotedData’s morning briefing 26 June 2024 – APAX, BNKR

In QuotedData’s morning briefing 26 June 2024: Apax Global Alpha (APAX) announced several updates including the retirement of Tim Breedon from the board and the commencement of a previously announced buyback programme which allows the company repurchase to up to 14.99% of its issued share capital. We also have: Interim results from Bankers including moves […]

25 Jun 2024

Real estate exposure weighs down JPMorgan Global Core Real Assets

JPMorgan Global Core Real Assets (JARA) announced its annual results for the year ended 29th February 2024. The company saw a NAV total return of -4.4%, whilst shareholder total return was -20.9% due to a widening of the share price discount to NAV. Underlying asset performance in local currency was +0.3%. Real Estate was the main […]

25 Jun 2024

Positive return for Augmentum Fintech despite macro challenges

Augmentum Fintech (AUGM) announced its annual results for the year ended 31 March 2024. The company saw a NAV total return of 5.4% which was driven by net investment return for the year and impact of share buybacks. The share price total return was up 3.6%.  The company noted that several of its portfolio companies […]

25 Jun 2024

QuotedData’s morning briefing 25 June 2024 – FSF, LAND, HEFT, SONG

In QuotedData’s morning briefing 25 June 2024: Foresight Sustainable Forestry (FSF) announced its interim results for the six months to 31 March 2024. The company recorded a profit for the period of £6.6m, while delivering a NAV per share return of 3.9% since 30 September 2023. The key drivers of the uplift were the upwards […]

12 Jun 2024

Challenges continue for Lindsell Train

The Lindsell Train Investment Trust (LTI) announced its annual results for the year to 31 March 2024. The company saw a NAV total return of 2.1%, a significant underperformance of the MSCI World Index which returned 22.5%.  Shares fell 19.8%, leading the discount to widen significantly. The company noted that the sharp widening of the […]