In QuotedData’s morning briefing 2 December 2020: BlackRock Throgmorton (THRG) has published a circular and issued a notice of a general meeting meeting to be held on 18 December 2020. The trust has been very successful in issuing shares since the authority was last given to the board to do so at the company’s AGM […]
Invesco Enhanced Income (IPE) has announced its annual results for the year ended 30 September 2020, during which the board has prioritised revenue generation through investment in relatively high-yielding and considered debt positions, reflecting its view that In the current economic and market environment, shareholders place great value on IPE’s consistent dividend stream. During the […]
In QuotedData’s morning briefing 27 November 2020: HarbourVest Global Private Equity (HVPE) has announced its interim results for the six-months ended 31 July 2020. During the period, HVPE’s NAV per share increased by 2.2% to $28.18 (31 January 2020: $27.58), which the company says is an outperformance of FTSE All World Total Return Index of 2.3% […]
Urban&Civic has announced its annual results for the year ended 30 September 2020, which includes commentary on the previously announced recommended offer from Wellcome Trust that the board describes as a persuasive outcome for all stakeholders. It says that the all cash offer of 345p per share is above up to date EPRA NAV and […]
Unite Group has announced that it has acquired an 800-bed development site in Paddington, central London on a subject to planning basis. It has also provided an update on check-in performance for the 2020/21 academic year. Paddington development site acquired from Travis Perkins Unite has exchanged contracts to acquire a new 800-bed development site in […]
JPMorgan Elect (JPE) has released its annual results for the year ended 31 August 2020. The trust manages a number of different pools and shareholders have the option to switch between these periodically. Key highlights from the report are provided below, as well as the investment manager’s reports for all of the individual share classes. […]
Montanaro European Smaller Companies Trust (MTE) has announced its interim results for the six months ended 30 September 2020, during which it has posted a stellar recovery post the COVID-19 market rout. During the period, MTE’s NAV per share rose by 49.9% to 1,434.6p per share, thus outperforming its benchmark, the MSCI Europe SmallCap (ex […]
Schroder Income Growth (SCF) has announced its annual results for the year ended 31 August 2020, during which it provided modest NAV underperformance of its All-Share benchmark. Over the twelve months, SCF provided an NAV total return of -13.2% and a share price total return of -7.0% (during the year, the share price’s discount to […]
In QuotedData’s morning briefing 20 November 2020: Edinburgh Investment Trust (now managed by Majedie Asset Management) published its interim results for the six months ended 30 September 2020. During the period the trust has provided an NAV total return of 7.8% and a share price total return of 5.7%. In comparison, it says that the All-Share […]
Hipgnosis Songs Fund (SONG) has announced that it has acquired a share of the music catalogue of “Grammy Award winning songwriter, record producer, and punk-funk inventor, Rick James”. Hipgnosis has acquired 50% of Rick James’ Publishing interests, Writers’ share, Neighbouring Rights (Sound Exchange) and Recorded Masters (UMG) share of income in his catalogue comprising 97 […]
