BB Biotech’s (SWX:BION) large position in US covid vaccine producer Moderna drove a strong performance against a volatile US biotech market in the first half of this year. Moderna was the second best performer within BB Biotech’s portfolio during the period, with a rise of 105%, beaten only by Essa Pharmaceuticals, whose stock was up […]
In QuotedData’s morning briefing 23 July 2021: Alliance Trust (ATST) has released its interim results for the six months ended 30 June 2021. During the period, ATST provided NAV and share price total returns of 14.8% and 11.1% respectively. In comparison, ATST’s MSCI All Country World Index (MSCI ACWI) benchmark returned 11.1%. The lower share price total […]
Round Hill Music Royalty Fund’s (RHM’s) C-share placing has raised gross proceeds of US$86.5m, which significantly exceeds the target minimum capital raise of US$50m. The company says that it intends to use the net proceeds of the C Share Offer together with the remaining undrawn balance of its existing revolving credit facility to assist in […]
SDCL Energy Efficiency Income (SEIT) has agreed to invest approximately $31 million in a large-scale green gas-to-grid project in Indiana, in the US. The anaerobic digestion (AD) facility, which is located in Reynolds, has been operating since 2012. It currently converts cattle manure and food waste into 6 MW of renewable power. This power is […]
In QuotedData’s morning briefing 16 July 2021: Polar Capital Technology Trust (PCT) has announced that it now expects to announce its annual results for the year ended 30 April 2021 on Wednesday 21 July 2021 (previously scheduled for Thursday 15 July 2021). There will be a conference call for analysts on the day of the results at […]
Atlantis Japan Growth (AJG) has announced its annual results for the year ended 30 April 2021., during which it significantly outperformed the TOPIX Total Return Index. During the year, AJG provided an NAV total return of 22.9% and a share price total return of 31.3%, both significantly ahead of those of the TOPIX Total Return […]
Augmentum Fintech (AUGM) has announced the results of its fundraising, which hit its expanded £55m target (originally the capital raise was going to target £40m but, reflecting strong interest and the strength of the company’s pipeline was subsequently extended to £55m). The raise has achieved gross proceeds of £55 million through the issue of 40,590,406 […]
TwentyFour Income Fund (TFIF) has announced its annual results for the year ended 31 March 2021, during which income to investors remained strong. Its NAV per share rose from 94.19p at the start of the year to 112.75p, for an NAV total return of 27.40%, while it paid a dividend of 1.9p to cover the […]
In QuotedData’s morning briefing 9 July 2021: RM Secured Direct Lending (RMDL) has announced that it has put in place an “Irrevocable Buy Back Programme” whereby its joint brokers (Singer Capital Markets Limited and Peel Hunt LLP) have been given authority to buy back the company’s ordinary shares (within certain pre-set parameters), should these trade at […]
Polar Capital Global Financials (PCFT) has released its interim results for the six months ended 31 May 2021, which its managers (Nick Brind, John Yakas & George Barrow) describe as an “excellent one for financials in both absolute terms and relative to wider equity markets”. The period saw a significant turnaround in sentiment towards the […]
