In QuotedData’s morning briefing 10 November 2023: Fidelity Emerging Markets (FEML) has announced a correction to the dividend rate detailed in its annual report (in both the financial highlights and the chairman’s statement). The dividend rate is 19 cents per participating preference share and not 0.19 cents per participating preference share. All other details remain […]
Asia Dragon Trust (DGN) has announced its annual results for the year ended 31 August 2023. During the year, DGN provided NAV and share price total returns of -16.7% and -19.5% respectively while its benchmark, the MSCI Asia ex Japan Index, returned -8.4% on a comparable basis (all in sterling terms). Much of DGN’s underperformance […]
Troy Income & Growth (TIGT) has announced that it is now very close to (i) fully utilising its existing authority to repurchase shares; and (ii) depleting its distributable reserves, which are required to effect buybacks under its discount control mechanism (DCM). It has also said that its board is currently exploring possible options for a […]
In QuotedData’s morning briefing 3 November 2023: Schroders Capital Global Innovation (INOV) has made an investment in US-based cybersecurity company, Securiti which it describes as “the pioneer of the Data Command Center, a centralized platform that enables the safe use of data and GenAI”. Its platform unifies controls for data security, privacy, governance and compliance […]
Apax Global Alpha (AGA) has announced that the Apax Global Impact Fund (AGI), in which it is a limited partner, has acquired GAN Integrity, which it describes as a leading provider of technology that enables proactive, integrated, real-time management and monitoring of third-party and employee risk, ethics and compliance. AGA says that the investment will […]
Digital 9 Infrastructure (DGI9) has announced that after considering feedback received from its shareholder consultation (announced on 17 October 2023), its board is assessing the possibility of divesting the company’s entire stake in the Verne Global group of companies. DGI9’s board says that it has already received indicative offers for the entire position during the […]
In QuotedData’s morning briefing 27 October 2023: Mid Wynd International (MWY) has announced that Mr David Kidd, its senior independent director, will become chairman of the board following the retirement of Russell Napier at conclusion of the 2024 AGM. Mr Kidd joined MWY’s board in November 2016, becoming the senior independent director in October 2022. […]
Gabelli Merger Plus+ (GMP) has published its annual results for the year ended 30 June 2023, during which it provided NAV and share price total returns of 10.54% and 1.33% respectively (in US dollar terms). It compares itself primarily against the US 3-month treasury bill index, which returned 3.80% although given the radically different risk […]
abrdn Asia Focus (AAS) has released its annual results for the year ended 31 July 2023. There are a number of key highlights from the report but we think that the most interesting of these is the announcement that veteran Fund Manager, Hugh Young, chairman of abrdn, Asia Pacific, who has headed up abrdn’s Asia […]
In QuotedData’s morning briefing 20 October 2023: Taylor Maritime Investments (TMI) has released its second annual Environmental, Social and Governance (ESG) Report covering the financial year ended 31 March 2023. The report highlights progress made on TMI’s sustainability priorities including decarbonisation, social and community impact, and responsible business practices. This year, TMI obtained independent assurance […]
