Improved picture at Aberdeen Diversified Income & Growth – Aberdeen Diversified Income & Growth made an NAV return of 12.5% for the year ended 30 September 2021 and a return to shareholders of 15.6%. Much better numbers than last year (-0.8% and -10.6% respectively). The dividend was increased from 5.44p to 5.52p, but this was not […]
Great year for TwentyFour Select Monthly Income – TwentyFour Select Monthly Income Fund has published results for the 12 months ended 30 September 2021. The share price started the financial year at 83.40p and finished at 96.20p with the Net Asset per share rising from 86.79p to 93.32p over the same period. For the year ended […]
Henderson European Focus stock picking pays off – Henderson European Focus has published results for the 12 months ended 30 September 2021. It managed to beat its benchmark by 0.6%, returning 22.6% to the benchmark index’s 22.0%. A narrower discount meant that shareholders did a lot better though, with a return of 28.8%. The dividend has […]
In QuotedData’s morning briefing 9 December 2021: Digital 9 Infrastructure (DGI9) has bought a data centre asset and subsea fibre landing station, SeaEdge UK1, on the UK’s largest data centre campus in Newcastle for a purchase price of £15m. SeaEdge UK1 has a capacity of 10.6MW and a direct connection to the 275KV National Grid […]
In QuotedData’s morning briefing 7 December 2021: ICG-Longbow Senior Secured UK Property Debt (LBOW) plans to hand back 6.5p per share (£7.9m) to shareholders. The capital return will be effected via an issue of redeemable B shares (issued in proportion to an investor’s holding of ordinary shares and then bought back and cancelled). The capital […]
Schroder UK Public Private’s Benevolent AI in SPAC deal – Schroder UK Public Private (SUPP) holding BenevolentAI has entered into a definitive agreement for a business combination with Odyssey Acquisition, a Euronext Amsterdam-listed investment company – and a special purpose acquisition company or SPAC. The combination will be effected by way of a share exchange […]
Seraphim Space backs ICEYE – Seraphim Space (SSIT) has made a new $25m investment into ICEYE Oy, the global leader in synthetic aperture radar satellite imaging technology. SSIT first invested in ICEYE in 2017, prior to it launching its first satellite, and has participated in every subsequent ICEYE funding round. ICEYE has since deployed the […]
3i Infrastructure (3IN) has agreed to invest c.£191m to acquire a 92% stake in SRL Traffic Systems, the traffic management equipment rental company in the UK. Management has re-invested to acquire the remaining 8% stake. 3i Infrastructure has provided a further £83m of debt financing to SRL with the intention of replacing this with third party […]
It has been an interesting week in the investment companies market. The vast flows into the sector, and the renewable energy area in particular, continue unabated. One of the IPOs that was doing the rounds seems to have failed to cross the finish line, however. Alinda Capital Infrastructure has missed its self-imposed deadline for announcing […]
JPMorgan China produced positive return against difficult backdrop – JPMorgan China Growth & Income has published results for the year ended 30th September 2021. The total return on net assets over the year was +4.1%. This compares with an -11.2% fall in the MSCI China Index. The company delivered a return to shareholders of -2.9%, […]
