Syncona (SYNC) says that its portfolio company, Spur Therapeutics (Spur) has announced positive new data from its Phase I/II GALILEO-1 study of FLT201, its novel gene therapy candidate, in Gaucher disease at the 21st Annual WORLDSymposium in San Diego, CA, USA. The clinical trial In Spur’s trial, six patients have been treated in GALILEO-1 with […]
Syncona (SYNC) says that its portfolio company, Achilles Therapeutics Plc, has announced that its board has recommended a members’ solvent voluntary liquidation and a return of capital to shareholders. SYNC’s announcement says that, based on the information currently available to Achilles and, assuming that Achillies’ shareholders approve the liquidation proposals and associated resolutions, it is […]
Cordiant Digital Infrastructure (CORD) has announced that a subsidiary of its portfolio company, Speed Fibre DAC, has entered into a put and call agreement to acquire the entire issued share capital of BT Communications Ireland Limited (BTCIL), the wholesale and enterprise business unit of BT Ireland, for an enterprise value of €22m. The acquisition is […]
In QuotedData’s morning briefing 5 February 2025: Third Point Investors has published its investor letter for Q4 2024. Third Point’s flagship Offshore Fund achieved a 9.1% gain in Q4 2024 and 24.2% for the full calendar year. Returns for the full year were driven by positive results across all strategies, including equities, corporate and structured […]
In what is the fifth successive defeat for Saba Capital Management in its bid to take control of seven London listed investment companies, shareholders in CQS Natural Resources Growth and Income (CYN) have voted down Saba’s proposals to remove all of the existing board and replace them with just two of its own representatives, very […]
Polar Capital Technology Trust (PCT) has entered the FTSE 100 Index for the first time today, nearly 25 years after its launch in 1996. In achieving this milestone, PCT becomes one of a select group of six investment companies (a record in itself) that are constituents of the UK’s premier index: 3i Group, Scottish Mortgage, […]
3i Infrastructure (3iN) has issued a performance update for the three months ended 31 January 2025 in which it says that its portfolio is performing well, with attractive growth opportunities, and that recent realisations demonstrate value creation potential. Its managers Scott Moseley and Bernardo Sottomayor, say that they continue to see good earnings momentum in […]
HgCapital Trust (HGT) has released its preliminary results for the year ended 31 December 2024 during which it has an estimated NAV total return for the year of 10.1%, driven by resilient trading in its underlying portfolio. Its shares have also enjoyed a rerating from a 13% discount to a 2% premium, which is reflected […]
On 18 December 2024, Henderson Opportunities Trust (HOT) announced that, in light of its performance and forthcoming continuation vote, it had instructed advisers to commence work on putting forward a scheme of reconstruction to give all shareholders a choice between ongoing alternative investment and/or a full cash exit at NAV. HOT has now published a […]
BlackRock Energy and Resources Income (BERI) has published its annual results for the year ended 30 November 2025, during which it provided NAV and share price total returns of 15.3% and 14.0% respectively, both significantly ahead of the internal benchmark that BERI uses to evaluate its performance (performance is measured against a blended comparator index […]