In QuotedData’s morning briefing 14 August 2023 SEED Innovations has announced that it has made a further £216,000 investment into Clean Food Group, which offers sustainable oils and fats solutions. This investment is part of a £2.3m fundraise by Clean Food Group to accelerate its growth. This funding round will value Clean Food Group at […]
HydrogenOne Capital Growth (HGEN) has just completed its Q2 investors’ update, in advance of its forthcoming interim results. The general tone of the update is one of positivity, as HGEN’s holdings begin to deliver strong revenue growth as the trust starts to mature. HGEN generated a NAV growth of 4% year on year, and 0.4% […]
Ahead of its interim results, due out next month, US Solar Fund (USF) has provided a brief update on its 6-month market outlook. In general, the USF team highlights the resilience of the portfolio over the first 6 months of 2023. USF’s discount rate remains at 4.1%, as it is based on the 20 year […]
MIGO Opportunities Trust (MIGO) has announced its annual results for the year ended 30 April 2023. Over the 12 month period MIGO generated a NAV total return of -9.3% and a share price total return of -10.3%. This compared to the trust’s benchmark, SONIA plus 2%, which returned 4.6%. Some notable contributors to MIGO’s performance […]
In QuotedData’s morning briefing for 04 August 2023: Schroder British Opportunities (SBO) has announced that one of its private equity investments, Rapyd, has acquired PayU Global Payment Organisation from Prosus, for $610m, subject to regulatory approval. Rapyd is a leading global Fintech-as-a-Service provider, while PayU is a payment solutions provider to both enterprise and SMB […]
Rights and Issues Investment Trust (RIII) has released its half year results for the six month period ending 30 June. This is the first set of results to cover RIII’s performance under the management of Jupiter Asset Management. Over the six months RIII generated a NAV total return of 3.5% and share price total return […]
Invesco Select has published its annual report for the period ending 31 May 2023. As a reminder, Invesco select has four different share classes, UK Equity Shares, Global Equity Income Shares, Balanced Risk Allocation Shares and Managed Liquidity Shares, each of which has its own separate portfolio of assets and attributable liabilities. UK Equity Income […]
Oakley Capital has released it 6-month trading update for the period ending 30 June 2023. Over the period Oakley reported a NAV total return of 0.5% and share price return of 5.3%. OCI’s returns reflect a cautious approach by its team to the outlook and valuations of their holdings, as well a 3% currency loss […]
Invesco Asia Trust (IAT) has release its annual results for the period ending 30 April 2023 IAT reported a NAV total return of 1.2% and share price total return of 1.2%, compared to the -6.0% return of its benchmark, the MSCI AC Asia ex Japan Index. IAT’s outperformance primarily came from stock selection, with noteworthy […]
As a result of its strategic review, launched on 13 February 2023, abrdn Smaller Companies Trust (ASCI) has proposed that it combine with Shires Income (SHRS). The merger will also see ASI’s revenue reserve paid out as a pre-liquidation dividend. ASCI’s shareholders will have an option to either roll into SHRS or take a cash […]
