Schroder Income Growth (SCF) has announced its annual results for the year ended 31 August 2020, during which it provided modest NAV underperformance of its All-Share benchmark. Over the twelve months, SCF provided an NAV total return of -13.2% and a share price total return of -7.0% (during the year, the share price’s discount to […]
In QuotedData’s morning briefing 20 November 2020: Edinburgh Investment Trust (now managed by Majedie Asset Management) published its interim results for the six months ended 30 September 2020. During the period the trust has provided an NAV total return of 7.8% and a share price total return of 5.7%. In comparison, it says that the All-Share […]
Hipgnosis Songs Fund (SONG) has announced that it has acquired a share of the music catalogue of “Grammy Award winning songwriter, record producer, and punk-funk inventor, Rick James”. Hipgnosis has acquired 50% of Rick James’ Publishing interests, Writers’ share, Neighbouring Rights (Sound Exchange) and Recorded Masters (UMG) share of income in his catalogue comprising 97 […]
Schroder Oriental Income has announced its annual results for the year ended 31 August 2020, during which it provided an NAV total return of -0.9% and a share price total return of -3.9% (reflecting a widening of the discount during the period) both of which suggest it has missed the mark a little, underperforming its […]
AVI Global (AGT) has announced its annual results for the year ended 30 September 2020, which show that, during the second half of its financial year, the trust’s NAV (having reported at the half year stage a reduction in value of almost a quarter) has bounced right back with all of the fall recovered (overall, […]
In QuotedData’s Morning Briefing 13 November 2020: EPE Special Opportunities (ESO) has announced that it has completed a $2.5 million investment in a segregated account of Prelude Structured Alternatives Master Fund LP, which will invest in distressed credit opportunities, targeting a fund level gross annual return of 6-8%. ESO is investing in junior tranche and it […]
In QuotedData’s morning briefing 12 November 2020: Further to its announcement on 17 September, Securities Trust of Scotland has provided an update confirming: Troy Asset Management Limited has been formally appointed as the Company’s investment manager James Harries is the named fund manager A discount control mechanism has been introduced that aims to ensure that the […]
Civitas Social Housing has announced its net asset value as at 30 September 2020, made a dividend declaration and has provided a trading and market update. The key highlights from the announcement are as follows: Strong financial and operational performance in line with expectations IFRS NAV per share 108.01p (30 June 2020: 107.92p) Rents received […]
The Wellcome Trust has announced that terms have been agreed with the Board of Urban&Civic (UANC) for a recommended cash offer by Wellcome for the entire issued and to be issued share capital of UANC at 345p per share. The announcement provides the following key highlights of the deal: Under the terms of the Acquisition, […]
In QuotedData’s morning briefing 6 November 2020, as Biden overtakes Trump in the race for Georgia: Scottish Mortgage has released its interim results for the six months ended 30 September 2020. The trust says that, since the end of March, its NAV has risen by 76% compared to a 24% increase in the index. The Board is […]
