JPMorgan Indian (JII) has published its annual results for the year ended 30th September 2024, during which it produced an NAV total return of 18.1%, underperforming its benchmark, the MSCI India Index by 9.6% (the benchmark returned a hefty 27.7%, outperforming both the MSCI Emerging Markets Index and the MSCI China Index). JII says that […]
Polar Capital Global Healthcare (PCGH) has published its annual results for the year ended 30 September 2024 during which it provided an NAV total return of 14.95%, outperforming its MSCI ACWI Healthcare Index benchmark by 5.07%, which returned 9.88%. PCGH’s discount narrowed slightly during the year, ending the period at 4.82%. The outperformance was driven […]
Ecofin US Renewables Infrastructure (RNEW) has announced that it has agreed to sell its portfolio of US distributed solar assets (the DG portfolio) to a subsidiary of True Green Capital Fund IV, LP for a cash consideration of approximately US$38.4m plus the assumption by the buyer of approximately US$15.6m of project-level debt and subject to […]
In QuotedData’s morning briefing 13 December 2024: Merchants Trust (MRCH) has agreed to issue two £25m fixed rate 15 year secured private placement notes at a coupon of 5.91%, raising total proceeds of £50m. The purpose of the notes is to take advantage of MRCH’s ability to use gearing, with the aim of enhancing its […]
In QuotedData’s morning briefing 9 December 2024: JPMorgan European Discovery Trust (JEDT) has released its interim results for the six months ended 30 September 2024, during which it provided an NAV total return of -0.5% compared with 1.0% for its MSCI Europe (ex UK) Small Cap Index benchmark. The share price return was 2.2%, due […]
Montanaro UK Smaller Companies (MTU) has published its interim results for the six months to 30 September 2024 which include the announcement of a couple of key changes for the trust. First, with effect from 31 December 2024, MTU will be paying a regular quarterly dividend equivalent to 1.5% of the company’s NAV, amounting to […]
In QuotedData’s morning briefing 6 December 2024: Keystone Positive Change (KPC) has published a circular in relation to its proposal to wind up, which was announced on 30 September (click here to see our coverage of that), and also discussed in its results for the year ended 30 September 2024 (click here to read our […]
Bellevue Healthcare (BBH) says that, following the redemption requests in relation to its annual redemption facility that saw some 36% of shareholders request redemption, its board has been consulting with shareholders about the annual redemption facility and now believes that the future viability of BBH will be stronger if the annual redemption facility is replaced […]
Schroder BSC Social Impact (SBSI) has adopted the “Sustainability Impact” label and will continue to be considered an “impact fund” under the FCA’s Sustainability Disclosure Requirements and investment labelling regime. VH Global Sustainable Energy Opportunities has changed its name to VH Global Energy Infrastructure with effect from today, and its ticker will be changed to […]
If you look across the investment companies’ space, it is clear there is still strong demand for trusts that can provide investors with an attractive level of income which is reliable and, ideally, has some degree of both inflation protection and capital preservation. Despite the environment of higher interest rates that has prevailed over the […]
