JPMorgan Global Growth and Income (JGGI) has released the annual results for its financial year ending 30 June 2023. JGGI generated a NAV total return of 19.1% and share price total return of 22.2%, easily outperforming its benchmark, the MSCI ACWI, which generated a 11.3% return for the same period. JGGI’s outperformance was broad based, […]
In QuotedData’s morning briefing 27 September 2023: Cordiant Digital Infrastructure (CORD) has announced that it has received regulatory approval for its acquisition of Speed Fibre Group and expects the transaction to close later this year. Taylor Maritime Investments (TMI) has announced that it has refinanced its debt facility, and has made a loan repayment of […]
UIL Limited (ULT) announced its annual results for the year ending 30 June 2023: ULT reported a negative NAV total return of (20.6%) for the twelve months, and share price total return of (18.5%). ULT’s discount was 27.5% as of end June 2023, compared to 28.1% the year prior. ULT performance can be in part […]
Gulf Investment Fund (GIF) has released its annual results for the period ending 30 June 2023. Over the 12 month period GIF has generated substantial outperformance relative to its benchmark, the S&P GCC Composite Index. GIF generated a NAV total return of 20.4% and share price return of 18.8%, compared the the negative (1.3%) return […]
In QuotedData’s morning briefing 25 September 2023: Round Hill Music (RHM) has announced the publication of a scheme document which outlines the actions required, timetable, and recommendations in respect of the purchase offer made for the trust. Shareholders will be given the opportunity to vote on the offer at a General Meeting to be held […]
A milestone was passed very recently without much fanfare. 15 September 2023 marked the 15th anniversary of the collapse of Lehman Brothers, a vanquished titan of American finance, an event which precipitated the 2008 global financial crisis, the most significant downturn since the great depression of the 1930s. While the societal consequence of the crisis […]
European Opportunities Trust (EOT) has released its annual report for the financial year ending 31 May 2023. Over the 12 month period EOT reported a NAV total return of 3.3% and share price total return of 5.0%, this represents an underperformance versus its benchmark, the MSCI Europe Index, which returned 6.9%. This underperformance can be […]
In QuotedData’s morning briefing 21 September 2023: JPMorgan Global Core Real Assets (JARA) has provided a quarterly NAV valuation. As of 31 August 2023 the NAV per share of the trust was 95.37p per share, reflecting a negative total return of (2.0%) for the quarter and (8.0%) for the 12 month period. Gulf Investment Fund […]
In QuotedData’s morning briefing for 18 September 2023: HICL Infrastructure (HICL) has announced that it has entered into an agreement to sell its investment in Bradford Schools PPPs for £37m. This sale represents an 8% premium to its valuation at 31 March 2023. The sale represents HICL’s entire stake in the entities, which are two […]
CQS New City High Yield (NCYF) has released its annual results for its finical year ending 30 June 2023. NCYF reported a NAV total return of 2.04% and a negative share price total return of (0.68%). The positive NAV total return can be attributed to NCYF’s dividend pay-outs over the year, with the chairman highlighting […]
