3i Infrastructure (3IN) announced its annual results for the period ended 31 March 2024. The company delivered a 11.4% NAV total return for the year, and a total shareholder return of 8.1%, marginally behind that of the benchmark index which returned 8.7% in the same period. Since the IPO, the company’s annualised total shareholder return […]
HydrogenOne Capital Growth (HGEN) provided a Q1 2024 NAV and portfolio update. The company’s NAV per share grew 0.6% from 31 December 2023, and is up 3.6% since 31 March 2023. Notable developments for the quarter included: Continued revenue growth from private portfolio companies, delivering an aggregate £81 million in total revenue in the 12 […]
GCP Infrastructure has released an investor report for the three month period to March 31. The company’s NAV fell 2% due predominately to a change in the March 2024 OBR inflation forecast. Power price forecasts also had a negative impact. Post period end, on 26 April 2024, the company also noted that it has disposed […]
In QuotedData’s morning briefing 8 May 2023: International Biotechnology Trust (IBT) announced its results for the six month period ended 29 February 2024. The company saw a 11.2% NAV total return per share, substantially outperforming the Reference Index which rose by 8.2%. Notable contributions came from Vera Therapeutics, an autoimmune company which is a top […]
Ashoka WhiteOak Emerging Markets (AWEM) has announced a proposed transaction with the Asia Dragon Trust (DGN). The proposal is supported in principle by a majority of DGN shareholders, with the company highlighting the opportunity for Asia Dragon shareholders to join an outperforming investment trust, with market-leading structural features, zero management fee and an annual redemption facility. […]
In QuotedData’s morning briefing 7 May 2023: An affiliate of the Apax IX Fund in which Apax Global Alpha Limited (APAX) is a limited partner, announced the sale of its controlling interest in Healthium MedTech Ltd, a leading Indian medical devices player. This transaction values the look-through investment in Healthium at approximately €22.7m. This represents […]
Chrysalis Investments (CHRY) announced a trading update for the three month period to 31 March 2023. The company saw a 4.09 pence per share increase in NAV, equivalent to 2.3%. This was driven predominantly by movement in the fair value of the portfolio which added 5.15 pence per share, with foreign exchange generating an adverse […]
In QuotedData’s morning briefing 2 May 2024: European Assets Trust (EAT) announced that Mine Tezgul will succeed Sam Cosh as the company’s lead investment manager with immediate effect. Mine Tezgul is a portfolio manager in the European equities team and head of European small cap equities. Mine joined the manager in 2018 as an equity […]
Aquila Energy Efficiency Trust (AEET) announced its annual results for the year end December 31 2023. The company saw a NAV total return of 0.3%, while shares fell 17.6%, leading the discount down to 39.3%. The company has made no new investments outside its existing commitments since the failed continuation vote back in Feb 2023 […]
Invesco Perpetual UK Smaller Companies (IPU) announced its annual results for the period ended 31 Jan 2024. The company saw NAV total return of -4.1%, slightly worse than the benchmark fall of -3.3%. Shares fell -3.1% while the discount narrowed to 11.1%. Longer term performance remains positive, with the cumulative NAV total return over the […]
