A couple of months ago, I had the pleasure of sitting down with Nicholas Weindling, manager of JPMorgan Japanese (JFJ) as part of our ‘meet the manager’ podcast series (you can listen here). Our chat proved to be very timely as just three months into the job, Sanae Takaichi, Japan’s new and first ever female […]
This week, much to our disappointment, Edinburgh Worldwide (EWI) announced proposals for a 100% tender offer which, if enacted, would bring about the demise of the trust as we know it. On the face of it, the proposals appear to be a response to the ongoing attacks that EWI is facing from the New York-based […]
Regular followers of QuotedData’s coverage of investment companies, and, increasingly ETFs, will hopefully know that, as each new year approaches, we ask each of our analysts to come up with a couple of stocks ideas for the year ahead. One is a relatively mainstream core investment idea, and the other is a spicier idea that […]
Seraphim Space (SSIT) has reported a strong end to 2025 across several of its core holdings, as the wider space technology sector continues to transition from speculative promise to commercial execution. The standout news came from ICEYE, which secured a landmark €1.7bn contract with the German Armed Forces via its joint venture with Rheinmetall. Alongside […]
Life Science REIT (LABS) has reported a 7.8% fall in its portfolio valuation over the second half of 2025, with its EPRA NTA per share declining by 13.0% over the same period. As at 31 December 2025, the portfolio was valued at £332.6m, down from £360.6m at 30 June 2025. The unaudited EPRA NTA stood […]
Unite Group (UTG), the UK’s largest provider of purpose-built student accommodation, has launched a £100m share buyback programme alongside the release of its Q4 update, which has reaffirmed earnings guidance and provided further clarity on developments, lettings and fund valuations. The buyback, set to run until June 2026, reflects the company’s revised capital allocation strategy […]
The board of Edinburgh Worldwide Investment Trust (EWI) has received another significant endorsement in its battle to fend off activist investor Saba Capital. Glass Lewis, the independent proxy advisory firm, has recommended shareholders vote against all of Saba’s proposals at the upcoming requisitioned general meeting scheduled for 20 January 2026. We have also written an […]
Herald Investment Trust (HRI) has announced plans to launch a tender offer allowing shareholders to realise up to 100% of their shares at close to NAV. The move is aimed at resolving ongoing tensions with activist investor Saba Capital, which holds approximately 30.7% of the company. The Board says the tender offer gives shareholders a […]
Working in finance, I frequently hear the quote, widely attributed to Mark Twain, that “History doesn’t repeat itself, but it often rhymes”. With the new year fast approaching, I am getting a sense of déjà vu as, once again Saba Capital is back launching a campaign that, on the face of it, appears to be […]
Finsbury Growth & Income (FGT) has released annual results for the year to 30 September 2025, marking a centenary year overshadowed by another period of weak performance and material underperformance versus its benchmark. NAV total return was essentially flat at -0.1% (2024: +8.2%), while the share price delivered a total return of 2.3% against a […]
