Henderson International Income has reported results for the 12 months ended 31 August 2024. The NAV return for the year was 10.4%, and – as the discount widened from 8.1% to 11.7% – the share price return was 6.5%. This is well behind the return on the company’s MSCI ACWI (ex UK) High Dividend Yield […]
In QuotedData’s morning briefing 31 October 2024: Augmentum Fintech says nCino, a NASDAQ listed US digital banking platform, has agreed to acquire FullCircl. The deal implies a £6m valuation for Augmentum’s stake, which represents a 75% increase on the last published valuation of £3.4m as at 31 March 2024. Augmentum Fintech first acquired its interest […]
As the day progresses, we’ll aim to cover the main budget-related stories here. In QuotedData’s October 2024 budget day briefing: Some measures have already been announced (and the Government has been criticised for doing so before announcing them in the House of Commons): an increase in maximum single bus fares from £2 per journey to […]
Ahead of tomorrow’s budget, here is the state of play as we understand it and some guesses as to what is in and out of the running You can access a pdf version of this note here Income tax Increases ruled out in manifesto (Labour will not increase taxes on working people) Thresholds unchanged, these […]
Baillie Gifford Japan’s results for the 12 months ended 31 August 2024 show it lagging its benchmark TOPIX Index by 4.7 percentage points – the benchmark return was 14.7%, the NAV return was 10.0%, the share price return was even worse at 4.4%. The dividend is being maintained at 10p. 5,515,000 shares or around 6% […]
In QuotedData’s morning briefing 29 October 2024: Murray Income Trust (MUT) has a new, £30m (extendable to £50m) unsecured, three year multi-currency revolving credit facility with The Royal Bank of Scotland which will expire on 22 October 2027. CHF363,000, USD2.4m, EUR4.05m, NOK4.275m and DKK2.75m (equivalent to £6.1m in aggregate) has already been drawn down and […]
Oakley Capital Fund III has agreed to sell its majority stake in Schülerhilfe to Levine Leichtman Capital Partners. The completion of the transaction is subject to regulatory approval. Schülerhilfe is the leading provider of professional tutoring services to primary and secondary school students across Germany, Austria and Switzerland, with over 140,000 students across c.1,200 branches. […]
CQS Natural Resources Growth and Income has published results for the year ended 30 June 2024. It delivered an NAV total return in the year under review of 7.2%. This is similar to the return of 7.3% produced by the MSCI World Metals and Mining Index (sterling adjusted) but lagged the 17.4% return from the […]
VinaCapital Vietnam Opportunity has published results for the 12 months ended 30 June 2024. The NAV total return for the period was 7.8%, ahead of the 4.9% return posted by the VN Index. Dividends for the period total 14.25 cents. 8m shares were bought back at a weighted average discount of 20.5% and at a […]
Schroder Oriental Income says that over the 12 months ended 31 August 2024, it generated a NAV return of 18.2% and share price return of 15.3%, both well ahead of the return on its benchmark MSCI AC Pacific ex Japan Index in Sterling terms, which rose by just 8.6%. Over the financial year, the company […]
