Caledonia Investments (CLDN) announced its annual results for the year ended 31 March 2024. The company saw a NAV total return of 7.4% slightly behind the benchmark return of 8.4%, although it remains well ahead over three, five, and ten year periods. Despite the solid NAV growth, the share price total return was -1.2%, leading […]
Gore Street Energy Storage Fund (GSF) announced a trading update for the 12 months ended 31 March 2024. The announcement highlighted the ongoing revenue growth of the portfolio, which was up 5% over the period while EBITDA increased by 2%. The company also noted that it raised capital via both equity and debt, enabling continued […]
The Asia Dragon Trust (DGN) announced a strategic review. This follows the recent proposal to combine with Ashoka WhiteOak Emerging Markets (AWEM) which was announced on 7 May 2024. Background to the strategic review In July 2023, the company announced a proposed combination with abrdn New Dawn Investment Trust to create an enlarged company with […]
In QuotedData’s morning briefing 21 May 2024: Schroder AsiaPacific Fund (SDP) announced its interim report for the six months to 31 March 2024. Over the period, the company’s NAV per share total return was 5.7%, slightly ahead of the 5.3% total return from the benchmark. The share price produced a total return of 4.4% over […]
In QuotedData’s morning briefing 15 May 2024: RTW Biotech Opportunities (RTW) portfolio company, Lycia Therapeutics, announced the completion of a $106.6m Series C financing round. The company, alongside other investment vehicles managed by RTW Investments LP, participated in the financing round with other life science investment firms. Gulf Investment Fund (GIF) announced that it has […]
Oakley Capital Investments Limited (OCI) has announced that Oakley Capital Origin II has agreed to acquire vitroconnect, a leading broadband open access platform business in Germany. This will be the first platform investment made by Origin II. OCI’s indirect contribution to Origin II is anticipated to be up to £19 million, which relates to OCI’s share of […]
BlackRock Smaller Companies (BRSC) announced its annual report for the 12 months to 29 February 2024. The company’s NAV total return was -3.6% while shares fell 0.8%, outperforming the benchmark Deutsche Numis Smaller Companies plus AIM (excluding Investment Companies) Index which was down 5.8% Commenting on the performance, investment manager Roland Arnold noted; “For the […]
Asian Energy Impact Trust (AEIT) announced its annual results for the 12 month period to December 2023. The company’s NAV total return was -3.6%, after falling 49.2% the previous year. Shares fell a total of 84% following a long period of suspended trading after issues with the release of the company’s annual report, being readmitted […]
In QuotedData’s morning briefing 14 May 2024: abrdn Equity Income Trust (AEI) announced its interim results for the six months to 31 March 2024. During the period, the company delivered a NAV total return of 1.6% compared to the total return of the FTSE All-Share Index of 6.9%. The share price total return was -8.2%. […]
It would be fair to say that, traditionally, utility companies have not been viewed as the most exciting investments on the planet, with the sector consisting mostly of publicly owned or heavily regulated suppliers of basic amenities like water, gas and power. Nevertheless, as funds such as Ecofin Global Utilities and Infrastructure (EGL) have demonstrated, […]
