Global Opportunities Trust (GOT) announced its half year report for the period ended 30 June 2023. The company’s NAV decreased by 0.2% while shares increased by 2.2% reflecting a slight narrowing of the discount to NAV which sat at 17% at the last close. During the period, the company also terminated its investment management agreement […]
A further update has been made regarding ThomasLloyd Energy Impact Trust (TLEI), as new information has come to light under the protections of the company’s whistleblowing policy. The update appears to reveal that ThomasLloyd Global Asset Management (the Investment Manager) was aware of material information relating to the RUMS Project by August 2022. According to […]
Schroder UK Mid Cap (SCP) announced the appointment of Harry Morley as an independent non-executive director of the company, effective from 1 September 2023. Mr Morley has also been appointed a member of the Audit and Risk, Management Engagement, Nomination, and Remuneration Committees. Witan Investment Trust (WTAN) released its half year results for the period […]
As we have noted on several occasions over the past few months, despite poor share price returns, the underlying fundamentals of the renewable energy sector remain strong, particularly for those companies benefitting from inflation-linked subsidies and exposure to wholesale power prices. In many cases, these tailwinds have more than offset the adverse impact of rising […]
Tritax EuroBox (EBOX) has successfully exchanged contracts for the sale of its warehouse asset in Hammersbach, Germany for a price of €64.6 million to a leading pan-European real estate investment manager. The sale price is broadly in line with the valuation as at 31 March 2023. The 43,153 sqm prime logistics property in Hammersbach, Germany was acquired […]
Vietnam Enterprise Investments (VEIL) announced an update for Q2. NAV increased 4.6% over the period against a rise of 5.2% for its reference index, the Vietnam Index. In H1 2023, VEIL’s NAV increased 10.3% against a rise of 12.2% for the VNI. All in total return US dollar terms. Alternative Income REIT (AIRE) announced that it […]
The Diverse Income Trust (DIVI) released its annual results for the year ending 31 May 2023. NAV total return was -16.2% compared with a decrease in the Numis All-Share Index of -0.4%. The company paid 4.05p of ordinary dividends for the year, compared with 3.90p in the previous year, an increase of 3.8%. The share […]
Round Hill Music (RHM) announced that it has acquired the remaining share of the catalogue of music publishing rights of Big Loud Shirt Industries. The company also acquired 50% of the income streams from Craig Wiseman, the multi award-winning country music songwriter and producer who is also the founder and owner of Big Loud Shirt, […]
CT Global Managed Portfolio (CMPG) released its annual results for the year ended 31 May 2023. NAV total return was -7.4% for the financial year, underperforming the total return of the FTSE All-Share Index of +0.4% by -7.8% points. Share price total return was -2.1%. The company increased its annual dividend by 8.3% to 7.20p […]
RIT Capital Partners (RCP) announced its results for the half year ended 30 June 2023. NAV total return for the period was -0.2% while shares fell 4% over the same period and now trade at a discount of 21%. This compares to the MSCI ACWI which was up 11.0% and CPI plus 3% at 5.5%. […]
