Riverstone Energy hails Solid Power listing – Solid Power announced the closing of its business combination with a special purpose acquisition vehicle – Decarbonization Plus Acquisition Corporation III (DCRC) – on 8 December 2021. On 9 December Solid Power became the only pure-play solid-state battery company to trade on the public markets. Solid Power common stock and […]
Schroder UK Mid Cap Fund has published its annual report for the year ended 30 September 2021. The NAV total return for the year was 41.8%, just ahead of the 40.9% produced by the 250 index (ex investment trusts). However, a narrowing discount (from 19.4% to 7.8% over the year) produced a share price total […]
New Danish portfolio for International Public Partnerships – International Public Partnerships has acquired an interest in a portfolio of four Danish public-private partnerships projects delivering availability-based, long-term, predictable cash flows. The company now holds a majority interest in the portfolio, which was bought for £14m. This is the company’s first investment in Denmark and provides […]
In QuotedData’s morning briefing 16 December 2021: Triple Point Social Housing REIT (SOHO) says that Parasol, a registered provider focused on the supported housing sector, has been deemed non-compliant with regards to elements of the Regulator’s governance and financial viability standard. The Regulator would like to see Parasol demonstrate improvement in the areas of business […]
GCP Infrastructure Investments has published results for the 12 months ended 30 September 2021. It delivered an NAV return of 7.2%, but the shares moved to trade on a small discount, which resulted in a return to shareholders of -7.9%. The rebasing of the dividend from 7.6p to 7.0p was well flagged and has been […]
Majedie Investments just managed to beat the MSCI AC World Index over the 12 months ended 30 September 2021. The NAV return for the period was 22.5% against a return for the index of 22.1%. However, a narrowing discount delivered a return to shareholders of 37.1%. The dividend was maintained at 11.4p, but this was […]
Sequoia Economic Infrastructure’s NAV fell by 0.6p over November. It has updated on the problems at Bulb and its parent company Simple. “Bulb Energy Ltd (“Bulb”) entered into the Special Administration Regime (“SAR”) on 24th November and its parent company, Simple Energy Ltd (“Simple”) entered into normal administration on the same day. The primary objective […]
Henderson Diversified Income embeds ESG within its investment process – Henderson Diversified Income’s board says that it has decided to make some changes to the trust’s investment objective and policy. It says that this is a continuation of a process which has already seen the trust adopt its new benchmark. The board is keen that the […]
In QuotedData’s morning briefing 14 December 2021: Polar Capital Technology (PCT) produced an NAV return of 11.5% and share price return of 6.3% for the six months ended 31 October 2021, unfortunately lagging the return on the benchmark of 13.3%. Some stocks that had done exceptionally well during the pandemic gave back some performance as […]
Schroder AsiaPacific bet against China pays off – Schroder AsiaPacific produced a total return of 14.6% for the year ended 30 September 2021, outperforming the benchmark’s total return of 9.7%, while the share price produced a positive total return of 15.0%. The dividend rises by 21.3% to 9.7p. Richard Sennitt and Abbas Barkhordar took responsibility for […]
