Global markets have been decidedly choppy during the last few weeks, as central bankers have signalled their view that further interest rate rises are needed this year, if they are to knock the wind out of rising inflation. In the US, inflation hit 7% in December (a level that has not been seen for decades) […]
Scottish American (SAIN) has announced its annual results for the year ended 31 December 2021, during which it provided an NAV total return for the year of 21.5%, which was modestly ahead of the total return from global equities of 20.0%, while its share price total return was modestly behind at 19.5%. SAIN says that […]
Round Hill Music Royalty Fund (RHM) has announced that the net proceeds of its C Share issue that was undertaken in July 2021 have now been fully invested and, accordingly, plans have been put in place to convert the C Shares into Ordinary Shares. The calculation date for the Conversion will be 29 April 2022 […]
CC Japan Income & Growth (CCJI) has announced its annual results for the year ended 31 October 2021, during which it experienced a strong recovery and was able to significantly outperform the Japanese market. To illustrate, during its financial year, CCJI provided NAV and share price total returns of 24.3% and 32.7%, while the TOPIX […]
In QuotedData’s morning briefing 11 February 2022: AEW UK REIT (AEWU) has been granted planning consent for the demolition and development of a 527-unit student accommodation scheme at 225 Bath Street in Glasgow city centre, paving the way for the sale of the site to IQ Student Accommodation. The sale of the vacant office scheme […]
BlackRock Energy and Resources Income (BERI) has announced its results for the year ended 30 November 2021, during which it provided NAV and share price total returns of 34.4% and 41.7% respectively. In comparison, the EMIX Global Mining Index rose by 12.5% and the MSCI World Energy Index rose by 41.2% over the same period. […]
In QuotedData’s morning briefing 4 February 2022: Jupiter Emerging & Frontier Income Trust (JEFI) has announced that its Fund Manager, Ross Teverson, has recently increased his personal shareholding in the Company to 1,134,000 ordinary shares, representing 1.90% of JEFI’s total voting rights. [QD comment: We are pleased to see Ross Teverson further aligning himself with […]
Seraphim Space Investment Trust (SSIT) has announced today that its portfolio company D-Orbit S.p.A., an Italy-based space logistics and transportation company, is to become publicly listed through a business combination with Breeze Holdings Acquisition Corp. (NASDAQ: BREZ), a publicly traded special purpose acquisition company. SSIT says that, following the close of the transaction, which is […]
JLEN Environmental Assets Group (JLEN) has announced that it has raised £60.7m through the placing and offer for subscription that it previously announced on 12 January 2022. The Issue was significantly oversubscribed, in both the placing and offer for subscription, and JLEN intends to use the net proceeds of the Issue to repay its credit […]
In QuotedData’s morning briefing 28 January 2022: Fondul Proprietatea (Ticker: FP.) has announced that the buyback programme that was approved by shareholders at the EGM on 5 December 2021 will start on 31 January 2022. The programme can repurchase up to 800m shares and lasts until 31 December 2022. All repurchased shares are to be […]
