CVC Income & Growth’s most recent fundraising exercise has raised £16.5m gross. It will reissue 13,7775,823 Sterling shares (CVCG) out of treasury at a price of £1.1979 and 1,279 Euro shares (CVCE) at a price of €1.0955. In each case the shares are being issued at a 0.65% premium to NAV. The placing element of […]
River UK Micro Cap (RMMC) says its fund manager George Ensor has resigned. He will continue to manage the portfolio “while arrangements are made for a suitable successor or alternative management structure to be implemented”. The board is reviewing its options. QuotedData’s James Carthew said “George has done a great job for shareholders in a […]
Like buses – you wait around for regulatory changes to go your way, and then three come along at once. Well, I’m stretching that a bit, because the win on the Pensions Bill was back on 29 April 2026, but then last week the FCA launched a consultation on related party transactions between boards and […]
India Capital Growth (IGC) is gearing up for its AGM which is scheduled for 11 June. If you are shareholder and you are free, I would urge you to go along. Listen to the investment adviser’s presentation and put questions to him and the board. I know that if it was not for the demands […]
Edinburgh Investment Trust (EDIN) is reporting a NAV total return of 7.2% and share price total return of 8.5% for the year ended 31 March 2026. Both quite a way behind a 21.5% return on FTSE All-Share Index. The full year dividend has been raised by 11% to 32.0p. While highlighting outperformance over the six-year […]
Great Portland Estates (GPE) is celebrating a record year for new leases and renewals in its portfolio, securing £70.9m per annum of rents at 10.3% more than their March 2025 ERV over the 12 months ended 31 March 2026. That fed through into a 4.3% increase in the value of its portfolio and a 6.1% […]
Despite a busy year where M&A added £1.2bn of assets to its portfolio, LondonMetric Property (LMP) saw a only modest increase in its EPRA NAV over the year ended 31 March 2026 (from 199.2p to 200.6p). Earnings per share improved by 2.4% to 13.5p and the full-year dividend is being increased by 3.8% to to […]
Schroder Oriental Income (SOI) had a great six-month period to end of February 2026, with an NAV return of 35.3% and share price return of 38.1%, both well ahead of the benchmark MSCI AC Asia Pacific ex Japan Index return of 30.7%. It is rebalancing its dividend profile – increasing the size of its interim […]
CQS New City High Yield Fund (NCYF) has appointed Darren Toner as its co-portfolio manager as Ian “Franco” Francis prepares to step back from the trust. Darren is a senior portfolio manager at Manulife | CQS Investment Management and is responsible for managing high yield, investment grade and financial strategies within its multi asset credit […]
STS Global Income & Growth Trust says its share price return for the year ended 31 March 2026 was -2.5%, behind the return from the Lipper Global – Equity Global Income Index of 13.5%. The net asset value total return was -4.6%. The chair Sarah Harvey says “This represents a material shortfall and is disappointing”. […]
