After over 43 years in financial services, including 13 years as Manager of Henderson European Focus Trust (HEFT), veteran fund manager John Bennett (pictured) is retiring from the asset management industry and Janus Henderson Investors at the end of August 2024. In the meantime, John will continue to work closely with both co-fund manager, Tom […]
Triple Point Social Housing REIT (SOHO) has announced that it has completed on the sale of four specialised supported housing properties, for a total of £7,586,600, to a private UK real estate investment firm. The sale price reflects a gain of £663,136 (9.6%) against the total purchase price (excluding transaction costs) and is principally in […]
ThomasLloyd Energy Impact (TLEI) has announced a date for the second EGM requisitioned by the manager (which holds around 15% of the trust’s shares), which is to be held on Monday 25 September 2023 at 10.00 am (at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London EC2M 7SH). We have been following this […]
In QuotedData’s morning briefing 1 September 2023: Greencoat UK Wind (UKW) has announced that it has completed the acquisition of South Kyle wind farm, in Scotland, from Vattenfall Wind Power Ltd. The transaction was first announced on 27 April 2020 (click here to read our coverage of this) with payment for the subsidy-free project due once […]
Reflecting the challenging macroeconomic backdrop, the last six months have been an uncertain period in markets. Key amongst investors’ concerns has, at least until recently, been stubbornly high inflation in most developed markets, particularly in Europe and the UK specifically. This had refused to roll over despite energy prices – a key factor a behind […]
Ruffer Investment Company (RICA) has announced that it has undertaken a share buyback. Ordinarily, with just 150,000 shares or 0.039% of its issued share capital repurchased, this wouldn’t be of much interest to investors but this is the first time in its 19-year life (it was launched in 2004) that the multi-asset fund has undertaken […]
ThomasLloyd Group Limited (TLG), the manager of ThomasLloyd Energy Impact Trust (TLEI) has issued a statement refuting a number of allegations made by TLEI’s board in regards to TLG’s recommendation that shareholders vote for continuation in the upcoming vote. In contrast, TLEI’s board is suggesting shareholders vote against continuation. TLG, through its affiliates, is the […]
Atlantis Japan Growth (AJG) and Nippon Active Value (NAVF) have both announced this morning that their boards have agreed heads of terms for a proposed merger of the two trusts with AJG rolling over into NAVF. Similarly to the abrdn Japan (AJIT) scheme, which is already underway, the transaction would result in a larger company […]
The boards of both GCP Infrastructure Investments (GCP Infrastructure) and GCP Asset Backed Income (GABI) have agreed terms for a merger of the two funds. Under the proposals, the merger will take effect via a solvent winding-up of GABI and the transfer of its assets to GCP Infrastructure in exchange for the issue of new […]
In QuotedData’s morning briefing 11 August 2023: Confirmation from RM Infrastructure Income (RMII) that its board has received a proposal from GCP Infrastructure Investments, as referred to in its announcement on 10 July 2023, regarding a potential partial combination with GCP Infrastructure. The proposal would be effected by way of a scheme of reconstruction of […]
