News

26 Nov 2024

Baillie Gifford European Growth optimistic despite challenges over 2024

Baillie Gifford European Growth Trust (BGEU) announced its annual results for the year ended 30 September 2024. The company delivered a NAV total return of 12.1% compared to a total return of 15.3% for the comparative index. The share price total return was 9.3%. At the time of publishing, the company’s discount sat at 17%. […]

21 Nov 2024

Sights set on future for Foresight Environmental Infrastructure

Foresight Environmental Infrastructure (FGEN) announced its interim report for the six months to 30 September 2024. The NAV total return for the period was flat, following the write down of one of its portfolio assets, HH2E, which we discuss below. Prior to this, the NAV total return would have been 2.6%. The company remains on […]

21 Nov 2024

NextEnergy Solar Fund delivers on capital recycling programme during challenging first half

NextEnergy Solar Fund (NESF) announced its interim results for the six months to 30 September 2024. The company’s NAV total return fell 2.6%, while the shareholder total return was 18.2%. At the time of publishing, the discount stood at 28%. The company announced that it was on track to deliver its target dividend of 8.43p […]

21 Nov 2024

QuotedData’s morning briefing 21 November 2024 – SHRS, BGLF, EBOX, WHR, SOHO, CRT

In QuotedData’s morning briefing 21 November 2024: Shires Income (SHRS) announced its interim results for the six months to 30 September 2024. The company delivered a NAV total return of 6.8%, compared to a benchmark return of 6.1%. The share price total return was 14.5%, resulting in a narrowing of the discount of share price […]

19 Nov 2024

QuotedData’s morning briefing 19 November 2024 – HGT, RKW, EDIN

In QuotedData’s morning briefing 19 November 2024: HgCapital Trust (HGT) announced a recapitalisation of portfolio company Septeo Group, the terms of which have not been disclosed. The transaction values HGT’s investment in Septeo at approximately £130.0m This would represent an uplift of £5.9m (5% or 1.3 pence per share) over the carrying value of £124.1m […]

13 Nov 2024

Stock selection continues to drive consistent and impressive returns for AVI Global Trust

AVI Global Trust (AGT) has announced its results for the year ended 30 September 2024. The company delivered a NAV total return of +13.7%, compared with +19.9% for the comparator benchmark index. Over the last five years the return has been +65.5%, compared to +63.3% for the current comparator benchmark. The share price total return […]

13 Nov 2024

QuotedData’s morning briefing 13 November 2024 – GCP, AUGM, CGT

In QuotedData’s morning briefing 13 November 2024: GCP Infrastructure (GCP) released an investor report for the three month period to 30 September 2024. The company noted that the net asset value was, as previously announced, 105.22 pence per ordinary share adding that it is in active due diligence and negotiations on disposals of material components […]

12 Nov 2024

Realisations deliver gains for Crystal Amber Fund over 2024

Crystal Amber Fund (CRS) announced its annual results for the year ended 30 June 2024 as the company continues the realisation of its assets. The company delivered a NAV per share increase of 86.3% from 93.3p to 173.9p a share. The NAV rose from £77.7m to £126.7m. During the year, the fund continued its policy […]

12 Nov 2024

Financials and energy drive Schroder Income Growth Fund to strong year

Schroder Income Growth Fund (SCF) announced its annual results for the year ended 31 August 2024. The company delivered a NAV total return of 19%. This compares to 17% from the benchmark All-Share Total Return Index. The share price return was 17.7%. The company’s share price discount to NAV averaged 9.6% during the year and […]

12 Nov 2024

Funding boost green hydrogen investment for HGEN

HydrogenOne Capital Growth (HGEN) announced that portfolio company Elcogen has secured a €24.9m grant from the EU Innovation Fund to advance green hydrogen production in Europe. Elcogen will use the grant to support the next phase in further scaling its existing manufacturing capacity of proprietary solid oxide electrolysers, fuel cells and stacks. Founded in 2001, […]