In QuotedData’s morning briefing 06 November 2023: Riverstone Credit Opportunities (RCOI) has announced that it has entered into an agreement with Breakwall Capital to provide sub-management services for all credit vehicles managed by Riverstone, including RCOI. Breakwall is a newly formed independent asset management firm expected to be regulated by the SEC, the US financial […]
Schroder BSC Social Impact Trust (SBSI) has released its results for the period ending 30 June 2023. Over this 12 month period SBSI reported a NAV total return of 0.8%. Since its inception on 22 December 2020 SBSI has returned a NAV total return of 8.6%. Key drivers of performance were an increase in returns […]
Digital 9 Infrastructure (DGI9) published a letter sent in response to the one sent by Aqua Ventures Limited (AVL) last week, which owns 3.5% of DGI9, outlining AVL’s desire to implement an immediate strategic review of DGI9. Aqua Ventures claims to have consulted, and have the support of, 20% of DGI9’s shareholders. AVL’s letter outlined […]
In QuotedData’s morning briefing 30 October 2023: Chrysalis Investments (CHRY) has provided a quarterly NAV update. The NAV for 30 September 2023 was 134.75p per share, a (1.6%) decrease since 30 June 2023. There was only one instance of portfolio activity over the quarter, a further £6.5m investment in Secret Escapes as part of a […]
CQS Natural Resources (CYN) has released its annual results for the 12 month period ending 30 June 2023. Over the period CYN reported a NAV total return of 3.5% and share price total return of -0.2%, which compares to a 6.3% return of its composite benchmark, a blend of the EMIX Global Mining Index and […]
In QuotedData’s morning briefing 23 October 2023: GCP Infrastructure (GCP) announced an update to its NAV valuation. As of 30 September 2023, its NAV per share was 109.8p, a 0.23% decrease on its 30 June 2023 value. The largest impairment to GCP’s valuation came from a period of very low wind speeds and exceptionally dry […]
Calling the direction of global markets is not an easy task. Be it the whims of central bankers, the next hottest thing in tech up-ending the market, or the seemingly constant stream of geopolitical crises – what we once thought was the calm after the COVID-19 storm may have only been the eye, as today […]
Vietnam Holding (VNH) has released its annual results for the year ending 30 June 2023. Over the period VNH reported a negative NAV return of (5.7%), though this represented an outperformance relative to the market, measured by the VNAS index, which fell by (10.0%). This also marks the fifth year of management under Dynam Capital. […]
Hipgnosis Songs Fund (SONG) has announced that on 13 October 2023 Citrin Cooperman, SONG’s independent valuer, has materially reduced its expectations of industry-wide retroactive payments in relation to the U.S. Copyright Royalty Board’s decision regarding royalties payable to songwriters for the period covering 2018-2022 (CRB III). This means that the board expects significantly lower retroactive […]
In QuotedData’s morning briefing 16 October 2023: Asset Value Investors (AVI) has appointed Nick Greenwood to continue managing MIGO Opportunities Trust (MIGO). He will continue to work alongside co-manager Charlotte Cuthbertson, who joined AVI in July. Nick has worked with MIGO since its launch in 2004. Syncona (SYNC) has announced that its portfolio company Anaveon […]
