Taylor Maritime Investments (TMI/TMIP) Limited announced the appointment of Henry Strutt as non-executive chair of the company with effect from 1 June 2023. Strutt brings extensive financial services experience from his time spent in senior positions at several financial institutions, including Robert Fleming Group of Companies, Smith & Williamson, and Harrods Bank. He also has […]
Home REIT has announced an update on its internal investigation into allegations of wrongdoing including matters raised in the Viceroy Research report. As announced on 16 February 2023, the company instructed Alvarez & Marsal Disputes and Investigations (A&M), as independent forensic accountants to conduct an investigation. A&M delivered to Home REIT a detailed report prepared […]
Jade Road Investments Limited (JADE) (formerly Adamas Finance Asia Limited) has published its final results for the year ended 31 December 2022. The company’s main focus for the year was to pivot from its legacy portfolio of Asian assets to investing in geographically diverse assets in more stable regions. The headline numbers were poor with […]
The Edinburgh Investment Trust (EDIN) announced its annual results for the period ending 31 March 2023. Net Asset Value (NAV) per share (with debt at fair value) on a total return basis increased by 7.9%, comfortably exceeding the 2.9% return on the FTSE All-Share Index. The share price total return was 8.4%. Dividends for the […]
JPMorgan China Growth & Income (JCGI) announced its half year report for the year ended 31 March 2023. During this period, JCGI delivered a total return on net assets of 7.9% (in sterling terms), compared to the benchmark return of 7.3%. This positive performance follows a challenging time for the company in the last financial […]
Cordiant Digital Infrastructure Limited (CORD), an operationally focused investor in the core digital infrastructure that enables modern communications and the internet, announced that the portfolio company, České Radiokomunikace has signed customer agreements to broadcast three new channels. The team at Cordiant Capital Inc, CORD’s investment manager, supported CRA in the signing of these exciting new revenue-generating […]
JPMorgan Multi-Asset Growth & Income (MATE) announced annual results for the year ended 28 February 2023. The company recorded a negative total return of -5.3% on its opening net asset value, an underperformance of 11.3% for the year, compared to the benchmark. The company’s share price returned -1.5% during the period as the discount to […]
The Unbound Group (UBG) (formerly Electra Private Equity) provided an update follow its strategic review. The company had recently reported that the trading environment remained challenging over Q1 with conditions deteriorating more than expected, leaving the company with cash constraints. As a result the board has decided to initiate a formal review of strategic options available […]
abrdn Private Equity Opportunities Trust (APEO) provided an update for its estimated NAV. At 30 April 2023, APEO’s estimated NAV was 738.1 pence per share (estimated net assets £1,134.8 million), representing a 1.0% per share decrease from the estimated NAV at 31 March 2023 of 745.9 pence per share (estimated net assets £1,146.8 million). The […]
Scottish Mortgage announced its annual results for the year to 31 March 2023. The company NAV fell 17.8%, and shares dropped 33.5%. This compares to the FSTE All World Index which fell 0.9% while the global sector average share price fell 13.6%. These numbers reflect the company’s exposure to high growth sectors of the market, […]
