Chrysalis Investments (CHRY) has announced the sale of its entire holding in Cognitive Logic, Inc. (InfoSum) to WPP Plc, generating proceeds of approximately US$63m (£48m). The disposal delivers a 16.4% uplift to the asset’s most recent carrying value as at 31 December 2024, equating to a NAV increase of around 1.23p per share. Importantly, the […]
JPMorgan Global Emerging Markets Income Trust (JEMI) has reported its unaudited half-year results for the six months ended 31 January 2025, delivering a NAV total return of +5.9%, ahead of the 4.9% total return provided by its benchmark, the MSCI Emerging Markets Index, while JEMI’s share price total return was more muted at +3.4%, as […]
In QuotedData’s morning briefing 4 April 2025: We also have: Stories you may have missed from yesterday:
As highlighted in our morning briefing earlier today, Value and Indexed Property Income Trust (VIP) has formally entered the UK REIT regime as of 1 April 2025, following shareholder approval at its 20 March general meeting. The move brings a shift in tax treatment and positions the trust alongside peers in the listed property sector. […]
ICG Enterprise Trust (ICGT) has completed a secondary sale of eight mature primary fund investments, raising net proceeds of £62m. The transaction, which ICGT says attracted strong buyer interest, was completed at a 5.5% discount to the 30 September 2024 valuation and delivered a 1.6x multiple on invested capital (equivalent to a 15% IRR). The […]
Volta Finance (VTA) has announced its interim results for the six months ended 31 January 2025, which saw its NAV per share increase by 7.0% to €7.63 and the share price jump 18.3% to €6.15 over the six months to 31 January 2025. The company’s chairman, Dagmar Kershaw, noted that the rebound in the share […]
In QuotedData’s morning briefing 2 April 2025: Value and Indexed Property Income Trust (VIP) has formally entered the UK REIT regime, effective 1 April 2025. The move sees the company transition from investment trust status to that of a real estate investment trust (REIT), a change that brings with it a new tax treatment. The […]
Petershill Partners (PHLL), the listed GP-stakes platform operated by Goldman Sachs Asset Management, has published robust results for the year ended 31 December 2024. Partner distributable earnings rose by 11% to US$323m, driven by strong fee-related income, realisations at premiums to carrying value, and an active year for capital allocation. The company completed four acquisitions […]
BlackRock Latin American Investment Trust (BRLA) has reported annual results for the year ended 31 December 2024, reflecting a particularly tough year for Latin American markets. The trust’s NAV total return fell by 35.7% in US dollar terms, underperforming its MSCI EM Latin America Index benchmark, which declined 26.4% over the period. The share price […]
RTW Biotech Opportunities (RTW) has reported strong full-year results for the year ended 31 December 2024. Its NAV rose from US$399m to US$607m, marking a year of substantial portfolio growth, positive clinical milestones, and a number of key capital markets events. Despite a -4.6% NAV per share movement over the year (due to share issuance […]
