BMO Private Equity Trust (BPET) has announced its annual results for the year ended 31 December 2020, which show that its performance came good in the fourth quarter of the year. During 2020, BPET provided an NAV total return of 22.7% for the Ordinary Shares, which was way ahead of its share price total return […]
Syncona has announced that it has acted as a cornerstone investor, providing US$ 42.3 million (£30.8 million) investment, alongside specialist global institutional investors in US$148.0 million (£107.8 million) Series C financing, for Gyroscope Therapeutics Ltd. Syncona says that its holding in Gyroscope has been written up by £37.9 million (5.6p per share) to £150.6 million, […]
India Capital Growth (IGC) has announced its annual results for the year ended 31 December 2020, during which it says that, in the second half of 2020, after the changes to the investment process and investment team came into effect, it benefitted from significantly improved performance. In 2020 as a whole, IGC’s NAV rose 10.4%, […]
In QuotedData’s morning briefing 26 March 2021: The board of Octopus Renewables Infrastructure Trust (ORIT) says that it notes today’s press release by Octopus Energy Group regarding its proposed acquisition of Octopus Renewables (ORIT’s investment manager). ORIT’s Board says that it has been in active discussions with Octopus in relation to this transaction and notes that there […]
CQS Natural Resources Growth & Income (CYN) has announced its interim results for the six-months ended 31 December 2020, which show that it delivered a stellar recovery in the second half of its financial year. CYN provided an NAV total return for the six months to 31 December 2020 of +47.1% which compares to an […]
Scottish Mortgage has announced that, after nearly four decades at Baillie Gifford, James Anderson will retire from the Baillie Gifford partnership on 30 April 2022 and will, accordingly, step down as joint portfolio manager of Scottish Mortgage Investment Trust PLC on that date. Tom Slater will continue as lead portfolio manager when James retires and […]
In QuotedData’s morning briefing 19 March 2021: Further to an announcement on 18 March 2021 after the market had closed, Future Fund Board of Guardians has sold 32.7m ordinary shares in Apax Global Alpha Ltd (AGA) at a price of 180 pence per share. Future Fund no longer holds any ordinary shares in AGA. Furthermore, AGA did not receive […]
LMS Capital has announced its annual results for the Year Ended 31 December 2020, its first as an internally managed investment company. We have provided the key highlights from the announcement below but note these comments from the trust’s chairman, Robert Rayne: “While 2020 was a challenging year that was significantly impacted by the Coronavirus […]
European Assets Trust (EAT) has announced its annual results for the year ended 31 December 2020, during which it comfortably outperformed in a difficult year. EAT’s sterling NAV total return was 21.9% for the year ended, which it says compares to an 18.9% return for the EMIX Smaller European Companies (ex UK) Index, its benchmark. […]
In QuotedData’s morning briefing 12 March 2021: Jupiter US Smaller Companies (JUS – soon to be Brown Advisory US Smaller Companies) has announced its annual results for the six months ended 31 December 2020. During the period, JUS’s NAV per share rose by 17.8% but, according to the company, this was less than the 24.8% gain […]
