Investment company M&A and corporate activity hit a new high in the first half of the year with 17 mergers, acquisitions and liquidations, says Association of Investment Companies. The winds of change are clearly blowing hard in the UK investment companies’ sector but what is the correct meteorological term to describe the rapid pace of […]
Vietnam can get back to concentrating on the strong fundamentals of its economy, say fund managers Dragon Capital and VinaCapital, after Hanoi and Washington agreed a draft trade deal last week. Hanoi’s draft trade deal with the US last week has reassured leading investors in Vietnam that the impact of tariffs will be less than […]
After a disappointing year, Oryx International fund manager and small company activist pins hope on UK revival continuing in response to Trump turmoil. Oryx International Group (OIG), the £169m global smaller companies trust run by activist Chris Mills, has reported a “disappointing” 2.4% drop in assets for the year to 31 March but is encouraged […]
PHP excited by ‘compelling’ outlook for real estate as the investment trust seeks to clinch a takeover of rival Assura. Primary Health Properties (PHP) has reported positive half-year results, saying it is excited about the ‘compelling’ outlook as the real estate investment trust seeks to clinch a takeover of rival Assura (AGR) that would boost […]
In QuotedData’s morning roundup we have: Partners Group Private Equity reporting a monthly gain, Aurora UK Alpha appoints ex-Fidelity executive Alex Denny to the board and Ceiba, the highly discounted Cuban property investment company, recruits three non-execs to its board.
3i Infrastructure (3IN) has made a good start to its financial year with the shares recovering from the April squall caused by Donald Trump’s tariffs. For the first quarter to 30 June, 3IN said its portfolio companies were either performing in line with or above expectations and generated total income and non-income cash of £63m. […]
The former Woodford Patient Capital Trust is winding down and returning £37m to its long-suffering shareholders in a ‘tender offer’ this month. Should they sell some, all or none of their shares? The situation is not straightforward as, despite its historic problems, the investment trust has backed some valuable companies under its current managers at […]
