Fidelity Special Values gets new co-manager – Fidelity Special Values says that Jonathan Winton has been appointed as co-portfolio manager alongside Alex Wright. This will take effect from 3 February 2020. Alex Wright remains the lead manager and accountable for portfolio construction. Fidelity is appointing co-managers across its business. Mr Winton joined Fidelity as an analyst in […]
In QuotedData’s other news 31 January 2020 Fidelity Asian Values confirms that with effect from 1 February 2020 its comparative index (performance benchmark) will be the MSCI AC Asia ex Japan Small Cap Index (net) total return (in Sterling terms) PRS REIT’s NAV has slipped a little, from 95.8p at the end of June 2019 […]
Syncona updates on Autolus – Autolus Therapeutics, a key holding for Syncona, has announced additional data regarding its ongoing Phase 1/2 clinical trial of its next-generation programmed T cell therapy, AUTO3, to treat adults with relapsed/refractory diffuse large B cell lymphoma (DLBCL). The data is to be presented in a keynote lecture titled “Improved CAR T […]
US Solar picks up 177MW across 22 projects – US Solar Fund is buying an approximately 177MW portfolio of twenty-two operating utility-scale solar power projects located in North Carolina, Oregon, and California. The vendor is Heelstone Renewable Energ, a leading developer of renewable energy projects in the United States, having developed over 60 projects with an aggregate […]
Aberforth overcomes market’s growth bias – Aberforth Smaller Companies beat its benchmark over the year ended 31 December 2019, returning 26.9% against 25.2% for the Numis Smaller Companies Index (excluding investment companies). A dramatic narrowing of the discount translated into a 39.8% return for shareholders. The underlying dividend is up 5.8% to 32p and there is […]
In QuotedData’s other news 30 January 2020 Duke Royalty has made a £7.7m follow-on investment in Bakhchysarai (Ireland) which is building a recruitment business in Ireland and the UK. It now has £9.4m invested in the business. Bakhchysarai is using the money to buy PE Global, a specialist recruitment agency that provides staffing and recruitment services primarily […]
In QuotedData’s other news 29 January 2020 SQN Asset Finance Income’s board set a deadline of Friday 31st January for proposals for the future of the fund The share prices of Asian and Chinese funds appear to have stabilised this morning after sharp falls on worries about the coronavirus. JPMorgan Chinese is trading at 340p, down […]
JLEN NAV impacted by power price fall – JLEN’s NAV has dropped from 104.7p to 101.8p over the final three months of 2019. The reason is a fall in assumptions about long-term power prices – a topic we covered in another story this morning – “electricity price forecasts have reduced by c. 7.5% from the […]
Civitas NAV edges up despite inflation fall – Civitas Social Housing has announced its NAV at the end of December 2019 and it has edged up from 107.23p at the end of September to 107.55p at 31 December. This is despite an increase in the net initial yield used to value the portfolio from 5.28% […]
Renewable energy funds under attack from brokers – Shares in many renewable energy funds slumped yesterday as first Chris Brown of JPMorgan and then Matthew Hose of Jefferies said they were overvalued. Their analysis (which we can’t show you and you can’t get hold of unless you work for a large investment firm and pay […]
