JPMorgan Emerging Europe, Middle East & Africa Securities (JEMA) has provided an update on the ongoing lawsuit filed by VTB Bank in Russia. On 10 September 2025, the Russian court of appeal upheld the earlier judgment awarding $439m in damages to VTB against eight JP Morgan legal entities and the company. VTB is now expected […]
Swedish payments group Klarna – a portfolio company of Chrysalis Investments (CHRY) – has completed its long-awaited US initial public offering (IPO), with its shares priced at US$40 each, above the US$35–37 indicative range. The listing raised $1.37bn and values the company at around $15.2bn. Demand was reportedly strong, with the offering said to be […]
Fidelity Japan Trust (FJV) has reported a net asset value (NAV) total return of 3.3% for the six months to 30 June 2025, broadly in line with the TOPIX Total Return Index in sterling terms, which rose 3.2%. The trust’s share price delivered a total return of 10.6% as its discount narrowed from 13.1% to […]
Since the process began in January 2023, Starwood European Real Estate Finance (SWEF) has now returned £256m to investors, equivalent to 61% of its NAV at that time. £46m of this was distributed in the first half of 2025, supported by the full repayment of a £47.3m UK hotels loan. After the period end, two […]
Ruffer Investment Company (RICA) reported another month of positive NAV performance in August, driven primarily by gold mining equities. The manager said strong free cash flow generation at higher gold prices continues to provide attractive opportunities, even after the sector’s strong rally this year. Gold bullion resumed its upward trajectory during the month, hitting a […]
At the beginning of this year, we once again challenged our analysts to come up with some ideas for investment companies that they liked, and thought could do well over the course of this year. Click here to read the original article which set out our analysts’ thinking and why they liked the stocks. We […]
River Global has announced that it has entered into heads of terms to acquire Devon Equity Management, the boutique European equities manager currently running around £835m of assets. The deal, valued at up to £2.46m, will be paid entirely in River Global A Ordinary Shares, with 16.67m shares issued initially at 6p per share and […]
Pantheon Infrastructure (PINT) has published its third annual Sustainability Report, covering the year to December 2024. PINT, which provides shareholders with exposure to a global portfolio of resilient infrastructure co-investments, says it continues to build on its sustainability credentials, aiming to integrate best-practice ESG factors across its investment processes. The trust, which is listed on […]
In QuotedData’s morning briefing 30 June 2025, European Opportunities Trust’s manager – Devon Equity Management – has agreed terms to be acquired by River Global; Majedie’s investment manager, Marylebone Partners LLP, is in discussions to join Brown Advisory and we have interim results from both Schroder UK Mid Cap and Henderson European. We also have: […]
AEW UK REIT (AEWU) has published its annual results for the year to 31 March 2025, marking its tenth anniversary with a strong set of figures that reflect the consistent execution of its value-driven, sector-agnostic strategy. The company delivered a NAV total return of 15.3% and a shareholder total return of 28.7%, significantly outperforming both […]
