Fair Oaks Income announced annual results for the year ended December 2022. The company generated share NAV and share price total return of -0.9% and -6.5% respectively in 2022 with shares closing out the year trading at a discount to NAV of -14.4%. Its realisation share NAV and share price generated a total return of […]
Foresight Sustainable Forestry (FSF) announced the publication of its first dedicated ESG report. The report outlines the company’s ambitious sustainability and ESG vision and provides stakeholders with an update on the company’s delivery against its key sustainability and ESG objectives over the period ended 30 September 2022. With the release of this document, the company […]
Ashoka WhiteOak Emerging Markets Trust, a new UK investment trust seeking to achieve long-term capital appreciation through investment primarily in quoted securities that provide exposure to global emerging markets, announces its intention to launch an initial public offering targeting gross proceeds of £100 million through the issue of 100 million ordinary shares at an issue […]
Impax Environmental Markets (IEM) announced the appointment of Guy Walker as an independent non-executive director of the company with effect from 17 May 2023. Guy is currently senior independent director at JPMorgan European Growth & Income plc, having joined them in 2021. He was previously managing director UK & European Equities at UBS Asset Management […]
Caledonia Investments (CLDN) provided a portfolio update to March 31 2023. The company announced that the NAV total return over the past 12 months was 5%. While this is below its long-term target of inflation plus 3% to 6%, it compares favourably to the FTSE All Share return of 2.9% for the same period. This […]
abrdn Asian Income Fund announced annual results for the year ended December 31 2022. NAV total return was -3.6% while shares fell 2.7%, beating the benchmark MSCI AC Asia Pacific ex Japan Index total return Index, which fell by 6.8% on a total return basis. NAV total return has now outperformed the index over one, […]
North American Income Trust announced results for the year ended 31 January 2023. Over the year, NAV total return was 9.6%, outperforming the 8.5% total return in sterling terms for the Russell 1000 Value Index, the company’s primary reference index, while the share price total return was 12.4%. The discount at which the share price […]
Baillie Gifford China Growth announced annual results for the year to 31 January 2023. NAV total return was -5.7% while shares dropped 7.9% compared with a total return of -2.2% for the MSCI China All Shares Index (in sterling terms). In the period from 16 September 2020 (the date of the adoption of the China strategy), […]
NB Global Monthly Income Fund, which has put forward proposals to be placed in managed wind down, has announced its annual results for the year ended 31 December 2022. In what was a challenging year for fixed income, NAV fell -10.1% while shares dropped -13.60%. While the company does not list a benchmark, returns for […]
Merchants announced its results for the year ended January 31, 2022. NAV total return for the period was 7.9% ahead of the benchmark index FTSE All-Share index return of 5.2% while shares were up around 3%. Merchants was also second in its peer group (a group of twenty one investment trusts with similar objectives) over the […]
