Murray Income (MUT) is in the middle of a strategic review that began in July and the board says should come to a conclusion in the fourth quarter. It has assets of about £925m, so that makes it a decent prize. I would expect that it has been inundated with all sorts of proposals. The […]
Oakley Capital Investments (OCI) generated a 7.1% underlying investment return in the first half of 2025. QuotedData’s James Carthew said: “Six months isn’t long but these numbers make Oakley Capital Investments the best-performing private equity trust over the past six months and have allowed it to extend its lead over rival HgCapital over five years […]
Henderson European (HET) says that holders of 89.775m shares opted for cash (29.04% of its share capital) and 219.332m shares were rolled into Fidelity European (FEV). The cap on the cash option was 33.3%, so everyone who wanted cash will get it. Henderson European will delist on 26 September. Having decided to hang onto all […]
Cheaper trusts Looking at August’s biggest discount shifts, Seraphim Space (SSIT) appeared to plunge from a 14.7% discount to a 29.0% discount over the month. Today, the discount stands at 31.5%. At first glance, the reason for this is hard to fathom. Andrew McHattie mentioned the trust on the show on Friday (13:07) – highlighting […]
Dunedin Income Growth (DIG) has plans to rocket up the dividend yield league table by introducing an enhanced dividend policy, using reserves to boost its distributions (the trust has distributable reserves totalling £298m). The total dividend for the financial year ended 31 January 2026 will be at least 19.1p per share, 34.5% up on the […]
Dunedin Income Growth (DIG) says it will introduce an enhanced dividend policy, using reserves to boost its dividend yield. The total dividend for the financial year ended 31 January 2026 will be at least 19.1p per share, 34.5% up on the prior year. That pushes it onto a notional 6% yield on NAV or, at […]
It is that time of year again when we ask for your views on which investment companies and managers are doing the best job for you. Once again, to reward you for your efforts, we are offering one lucky reader the chance of winning £5,000. As we did last year, we compiled some performance statistics […]
Inflation is creeping back up again. The annual rate of inflation as measured by the Consumer Price Index (CPI) is now 3.6% or, to look at it another way, prices are almost 28% higher than they were five years ago. If we were using the old RPI measure, those figures would be 4.4% and 38%. […]
Polar Capital Global Financials Trust (PCFT) recently provided investors with an opportunity to cash in their entire holding at net asset value (NAV, i.e. after costs). We argued strongly that the trust still has a bright future ahead of it and it was pleasing to see that holders of well over half the shares opted […]
In QuotedData’s morning 4 July 2025: Nick Train now has almost a 4% stake in FGT, Empiric is giving Unite more time to finalise its bid. JEMA’s court cases in Russia have been postponed again. We also have: Did you see from yesterday?
