In QuotedData’s morning briefing 30 September 2024: SDCL Energy Efficiency Income (SEIT) has published an interim update statement. It says that its operational assets are performing in line with expectations, on a consolidated basis, and that the portfolio is also well positioned for growth. Two of SEIT’s largest investments, Onyx, an established provider of distributed […]
Henderson High Income (HHI) has published its interim results for the half-year ended 30 June 2024, during which it provided an NAV total return of 6.5%, outperforming its benchmark, which returned 5.9%, although the share price total return was less at 3.4% reflecting a widening of the discount. The NAV outperformance was achieved during a […]
Chrysalis (CHRY) has signed a definitive agreement with Visa to sell Featurespace “for an undisclosed sum”. However, Chrysalis expects to receive cash proceeds of approximately £89m (gross of deferred payments, typical of this type of transaction; initial consideration is expected to be approximately £79 million), which represent a 20% premium (equating to an NAV uplift […]
Schroder British Opportunities (SBO)says that it has been informed by Rory Bateman, co-portfolio manager of its portfolio and co-head of investment at Schroders, that he intends to retire from Schroders in February 2025. Rory has managed the company’s public equity portfolio alongside Tim Creed, Schroders Capital’s head of private equity investments and manager of SBO’s […]
In QuotedData’s morning briefing 27 September 2024: BioAge Labs, Inc., a portfolio company of RTW Biotech Opportunities (RTW), has completed a US$198m initial public offering (IPO) and is now trading on the Nasdaq Global Select Market under the ticker: BIOA. The company raised the US$198m by offering 11,000,000 shares at US$18.00 per share and, as […]
Brown Advisory US Smaller Companies (BASC) has published its annual report for the year ended 30 June 2024, during which its NAV per share increased by 2.8% from 1,431.9p to 1,471.4p. BASC’s chair, Stephen White, describes this small gain as “somewhat disappointing” – not only in absolute terms as smaller companies in the US lagged […]
In QuotedData’s morning briefing 23 September 2024: Literacy Capital (BOOK) has secured a new Revolving Credit Facility (RCF) with OakNorth Bank Plc, which has replaced its existing £30m RCF that was due to expire in December 2024. The new RCF has a three-year term, which will expire in September 2027, and provides BOOK with up […]
European Opportunities (EOT) has published its annual results for the year ended 31 May 2024, during which it provided NAV and share price total returns of 15.5% and 16.5% respectively, which compare to a total return of 17.3% from its benchmark, the MSCI Europe Index, of 17.3% (all in sterling terms). The manager notes that […]
In QuotedData’s morning briefing 20 September 2024: JPMorgan Japanese and JPMorgan Japan Small Cap Growth & Income (JSGI) have both published prospectuses and circulars in relation to the merger proposals that were announced on 31 July 2024 (click here to see our coverage of that announcement) Baillie Gifford Shin Nippon (BGS) has published its interim […]
HydrogenOne Capital Growth (HGEN) has published its interim results for the six months ended 30 June 2024. During the period, NAV per share increased by 0.6% from 31 December 2023 to 30 June 2024 (102.99p to 103.60p), while total NAV grew by 0.6% from £132.7m to £133.5m and the share price increased by 7.8% over […]
