CQS New City High Yield Fund (NCYF) delivered a total return on net assets of 10.2% for the year to 30 June 2026, while its share price returned 10.1%. Net asset value (NAV) per share edged up to 48.55p from 48.37p, while the shares ended the period at 51.80p, leaving the trust trading at a […]
Syncona (SYNC) has announced a major clinical milestone at portfolio company Beacon Therapeutics after its gene therapy, laru-zova, delivered a positive topline result in the pivotal Phase II/III VISTA trial for X-linked retinitis pigmentosa (XLRP). The trial met its FDA-endorsed primary endpoint, with laru-zova demonstrating a statistically significant improvement in low luminance visual acuity compared […]
North Atlantic Smaller Companies Investment Trust (NAS) reported a 7.7% increase in NAV over the six months to 31 July 2026, while the share price rose by 18.1% as the discount narrowed materially. NAV per share increased from 555.4p at the end of January to 598.1p, while adjusted NAV (which reflects Oryx International Growth Fund […]
Oakley Capital Investments (OCI) delivered a 6.0% total NAV return in the first half of 2026, with underlying earnings growth across its portfolio accounting for the bulk of the increase in value. NAV per share stood at 782p at 30 June 2026, with total NAV of £1.29bn. Excluding adverse currency movements, the NAV return was […]
Alternative Income REIT (AIRE) has agreed to extend the deadline for acceptances of Glenstone REIT’s cash offer after Glenstone indicated that it was close to satisfying the offer’s acceptance condition. However, AIRE’s board has stressed that this extension does not alter its view that the bid materially undervalues AIRE and is unanimously recommending that shareholders […]
In April 2026, Alliance Witan, Hargreaves Lansdown, and Vanguard were just three of 19 firms that launched Invest for the Future – a national campaign fronted by “Savvy the squirrel” aimed at encouraging Britons to look beyond cash deposits as a home for their savings. You may have seen a few articles written about it […]
International Public Partnerships (INPP) has committed up to €46m to support a new regional passenger rail concession awarded to BeNEX, its wholly owned German rail operations and rolling stock business. The Regionalverkehr Mainfranken concession will serve parts of Bavaria and Hesse and will be operated through BeNEX’s established agilis platform in southern Germany. Operations are […]
SEGRO has rejected a further revised takeover proposal from Prologis, arguing that the terms fail to reflect the quality of its portfolio, the scarcity of its platform and the value of its long-term growth prospects. The latest proposal, received on 17 July 2026, would offer SEGRO shareholders 0.0890 new Prologis shares for each SEGRO share. […]
Alternative Income REIT (AIRE) has urged shareholders to reject Glenstone REIT’s cash offer, arguing that it materially undervalues the company and could leave minority investors trapped in an illiquid, unlisted vehicle. Glenstone has offered 71.4p per AIRE share, but AIRE’s board says the headline figure overstates the value being offered. Should AIRE declare a fourth […]
Brunner Investment Trust (BUT) generated a net asset value (NAV) total return of 5.6% over the six months to 31 May 2026, compared with 12.0% from its 70% FTSE World ex UK/30% FTSE All-Share benchmark. A modest narrowing of the discount lifted the share price total return to 8.1%. The managers attributed the relative shortfall […]
