Scottish Mortgage has announced that, after nearly four decades at Baillie Gifford, James Anderson will retire from the Baillie Gifford partnership on 30 April 2022 and will, accordingly, step down as joint portfolio manager of Scottish Mortgage Investment Trust PLC on that date. Tom Slater will continue as lead portfolio manager when James retires and […]
In QuotedData’s morning briefing 19 March 2021: Further to an announcement on 18 March 2021 after the market had closed, Future Fund Board of Guardians has sold 32.7m ordinary shares in Apax Global Alpha Ltd (AGA) at a price of 180 pence per share. Future Fund no longer holds any ordinary shares in AGA. Furthermore, AGA did not receive […]
LMS Capital has announced its annual results for the Year Ended 31 December 2020, its first as an internally managed investment company. We have provided the key highlights from the announcement below but note these comments from the trust’s chairman, Robert Rayne: “While 2020 was a challenging year that was significantly impacted by the Coronavirus […]
European Assets Trust (EAT) has announced its annual results for the year ended 31 December 2020, during which it comfortably outperformed in a difficult year. EAT’s sterling NAV total return was 21.9% for the year ended, which it says compares to an 18.9% return for the EMIX Smaller European Companies (ex UK) Index, its benchmark. […]
In QuotedData’s morning briefing 12 March 2021: Jupiter US Smaller Companies (JUS – soon to be Brown Advisory US Smaller Companies) has announced its annual results for the six months ended 31 December 2020. During the period, JUS’s NAV per share rose by 17.8% but, according to the company, this was less than the 24.8% gain […]
BlackRock World Mining Trust (BRWM) has its annual results for the year ended 31 December 2020, during which the managers say they were delighted with the portfolio’s performance. During the year, BRWM provided NAV and share price total returns of +31.8%1 and +46.7%1 respectively. In comparison, BRWM says that its reference index, the MSCI ACWI Metals […]
Murray International (MYI) has announced its annual results for the year ended 31 December 2020, during which the overwhelming impact on its performance was the loss of 610 basis points due to stock selection, in what its chairman Kevin Carter (pictured), describes as an “an extraordinary chapter in the history of the world and financial […]
SDCL Energy Efficiency Income Trust (SEIT) has announced that it has signed framework agreements with two preferred development partners providing it with the right to invest in a series of energy efficiency assets in the UK and the United States. SEIT says that such framework agreements, with established developers and partners, can generate valuable organic […]
In QuotedData’s morning briefing 5 March 2021: The Renewables Infrastructure Group Limited (TRIG) has announced the publication of a prospectus and circular to put in place a new 12 month share issuance programme in respect of up to 600 million new shares. TRIG has also announced an Initial Issue, which will comprise the Initial Open Offer, […]
Mobius Investment Trust (MMIT) has announced its annual results for the year ended 30 November 2020 (its second year of operations), during which MMIT provided strong NAV and share price total returns of +16.3% and +24.7% respectively. The chairman, Maria Luisa Cicognani, says that Emerging markets were particularly hard hit by the risk-averse sentiment in […]
