In QuotedData’s morning briefing 10 June 2021: Octopus Renewables Infrastructure (ORIT) has announced a proposed issue of ordinary shares of 1 pence each, to raise gross proceeds of around £100m. The Issue will be by way of a placing, open offer, offer for subscription and intermediaries offer for a target issue of up to 96,551,724 ordinary shares […]
Stellar year for Fidelity China Special Situations as it enjoys highest annual NAV return – Fidelity China Special Situations (FCSS) has recorded its highest annual net asset value total return of 81.9% and share price total return of 97.2%, as revealed in its annual financial report for the year ended 31 March 2021. This was […]
Aberdeen Japan dips into revenue reserves to deliver 15p dividend – Aberdeen Japan (AJIT) has released its annual results to 31 March 2021 which saw it deliver a total NAV return of 33.5% in sterling terms, ahead of the Topix, which returned 24.8% over the year. The return to shareholders was 35.2% while it ended the year trading on a […]
In QuotedData’s morning briefing 8 June 2021: Aberdeen Smaller Companies Income (ASCI) has appointed Christopher Metcalfe, a former investment manager at Newton IM, Schroders and Henderson Administration Group, as an independent non-executive director, following the retirement of former director Barry Rose. The board also said an additional independent non-executive director will be recruited before the company’s […]
JPMorgan European dips into revenue reserves during tough year – JPMorgan European has published results for the year ended 31 March 2021. The total return for the year for growth shares was 53.9%, outperforming its MSCI Europe ex UK benchmark return of 33.5%. The NAV total return for growth shares was 40.9%, which the board attributed […]
Lindsell Train changes benchmark and performance fee – The board of Lindsell Train investment trust has approved the amendment of its Investment Management Agreement (IMA) which will see changes to its benchmark and the calculation of the performance fee. The company has adopted the MSCI World Index in sterling, as its new benchmark, with effect […]
Hipgnosis acquires Joel Little musical catalogue – Hipgnosis Songs has bought the music catalogue of Grammy Award-winning songwriter, producer and musician Joel Little. He is best known for his collaboration with fellow New Zealander, Lorde, with whom he co-wrote and produced both her debut EP and her first album, ‘Pure Heroine’. The EP included Lorde’s game-changing single, […]
In QuotedData’s morning briefing 4 June 2021: Following its announcement last month on the implementation of a voluntary redemption facility, where shareholders may request the redemption of all or part of their holding of ordinary shares of 1p each for cash on the last business day in June each year, Jupiter Emerging & Frontier Income has […]
BH Macro and BH Global agree heads of terms for proposed merger – The boards of BH Macro and BH Global, and Brevan Howard Capital Management LP, the manager of both BH Macro and BH Global, have agreed heads of terms in respect of the proposed combination of BHMG with BHGG. The combination will be […]
Triple Point Energy Infrastructure buys CHP+ company Spark Steam – Triple Point Energy Efficiency Infrastructure has completed an investment in Spark Steam, a company which owns and operates a combined heat and power (CHP+) asset and which was part of TEEC’s pipeline identified at IPO. Under the terms of the investment, Triple Point Group has […]
