Syncona Limited (SYNC) has announced that its portfolio company, Mosaic Therapeutics, has in-licensed two clinical-stage assets from Astex Pharmaceuticals, a subsidiary of Otsuka Pharmaceutical Co., Ltd. The deal marks a significant step forward for Mosaic’s targeted oncology strategy and is expected to accelerate the company’s development timeline. The agreement grants Mosaic exclusive rights to develop […]
Bellevue Healthcare Trust (BBH) has announced the adoption of a new zero discount policy, aiming to ensure that its shares trade consistently at or around net asset value (NAV) under normal market conditions. Under the new framework, the company will buy back shares if they trade at a discount to NAV and may issue new […]
In QuotedData’s morning briefing 24 April 2025: We also have: Stories you may have missed from yesterday:
The offer timetable for BBGI Global Infrastructure’s (BBGI) recommended cash acquisition by Bidco, a vehicle indirectly controlled by British Columbia Investment Management Corporation (BCI), has officially resumed after all regulatory conditions were met. The deal, first announced on 6 February 2025, had been paused on 11 April pending UK foreign direct investment clearance under the […]
Gresham House Energy Storage Fund (GRID), the UK’s largest utility-scale battery storage fund, has reported a strong operational recovery in its full-year results for 2024, despite a challenging start to the year. While NAV per share fell 15.3% to 109.35p (from 129.07p in 2023), operational and financial performance strengthened notably in the second half, positioning […]
In QuotedData’s morning briefing 23 April 2025: We also have: Stories you may have missed from yesterday
Fair Oaks Income Limited (FAIR) has reported a robust set of annual results for the year ended 31 December 2024, with both its 2021 shares and realisation shares delivering strong double-digit total returns and dividend yields well above the broader credit market. The trust’s NAV total return for the 2021 shares came in at 14.91%, […]
Franklin Global Trust (formerly Martin Currie Global Portfolio Trust) has released its annual results for the year to 31 January 2025, marking a pivotal year in its evolution. The trust delivered a NAV total return of 7.3% and a share price total return of 10.1%, both in positive territory, but underwhelming when compared to the […]
The North American Income Trust (NAIT) has reported a significantly improved performance for the year ended 31 January 2025, following its transition to Janus Henderson Investors as manager in August 2024. The portfolio manager Fran Radano moved across to Janus Henderson with the trust and is now supported by Jeremiah Buckley as co-manager. During the […]
In QuotedData’s morning briefing 22 April 2025: We also have: Stories you may have missed from Thursday
