In QuotedData’s morning briefing 27 October 2023: Mid Wynd International (MWY) has announced that Mr David Kidd, its senior independent director, will become chairman of the board following the retirement of Russell Napier at conclusion of the 2024 AGM. Mr Kidd joined MWY’s board in November 2016, becoming the senior independent director in October 2022. […]
Gabelli Merger Plus+ (GMP) has published its annual results for the year ended 30 June 2023, during which it provided NAV and share price total returns of 10.54% and 1.33% respectively (in US dollar terms). It compares itself primarily against the US 3-month treasury bill index, which returned 3.80% although given the radically different risk […]
abrdn Asia Focus (AAS) has released its annual results for the year ended 31 July 2023. There are a number of key highlights from the report but we think that the most interesting of these is the announcement that veteran Fund Manager, Hugh Young, chairman of abrdn, Asia Pacific, who has headed up abrdn’s Asia […]
In QuotedData’s morning briefing 20 October 2023: Taylor Maritime Investments (TMI) has released its second annual Environmental, Social and Governance (ESG) Report covering the financial year ended 31 March 2023. The report highlights progress made on TMI’s sustainability priorities including decarbonisation, social and community impact, and responsible business practices. This year, TMI obtained independent assurance […]
Chrysalis (CHRY) has provided the market with an update which sets out its capital allocation policy (this follows a consultation with shareholders in light of the emerging maturity of some of the company’s investments), details of proposed revisions to the performance fee and plans for a consultation with shareholders (based on the capital allocation policy […]
Fidelity Emerging Markets (FEML) has published its annual results for the year ended 30 June 2023, during which it provided an NAV total return of -2.6% and a share price total return of 5.2%, which compare against a total return for its benchmark of -2.8% (all figures in sterling terms). Key highlights from the report […]
JPMorgan UK Smaller Companies (JMI) has published its annual results for the year ended 31 July 2023, during which it provided an NAV total return of -5.0% and a share price total return of -4.4%, which compare to a return on its benchmark, the Numis Smaller Companies plus AIM Index (excluding investment companies), of -4.6%. […]
Foresight Sustainable Forestry (FSF) has acquired three assets in Scotland – Toun Hill, Threepwood Hill and Carlinden Burn – for a total cost of £8.3m (inclusive of tax and transaction costs). The purchase, which has been funded from FSF’s revolving credit facility (RCF), increases the size of FSF’s portfolio by 819 hectares to 12,545 hectares […]
For those that joined our annual investment trust forum yesterday, either via the online live-stream or in person, the discounts to net asset value (NAV) that are currently prevailing within the sector, most notably in the alternative income subsectors although very few areas have been left unscathed, were a big part of the discussion. David […]
Pacific Horizon (PHI) has released its annual results for the year to 31 July 2023, during which it provided an NAV total return of -3.6% and a share price total return of -8.9%, which compares against a total return for the MSCI All Country Asia ex Japan Index of 0.8% (all in sterling terms). PHI’s […]
