News

14 Apr 2023
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QuotedData’s morning briefing 14 April 2023

In QuotedData’s morning briefing 14 April 2023: Atrato Onsite Energy (ROOF)has announced that it has acquired a ready-to-build, ground mounted 50MW solar project in Richmond, North Yorkshire, which will be constructed under a fully wrapped EPC contract. ROOF will invest a total of £38m, over a 12-month period, to acquire and construct the project, which […]

31 Mar 2023

Strong outperformance from RTW Venture aided by realisations

RTW Venture (RTW) has published its annual results for the year ended 31 December 2022, During the year, RTW’s NAV declined by -10.2% (from US$363.0m or US$1.71 per share to US$326.1m or US$1.54 per share) with the main detractor being the markdown in Ji Xing (c. -2.2% contribution), after the IPO was delayed due to […]

31 Mar 2023

JPMorgan American’s small cap allocation weighs on performance

JPMorgan American (JAM) has released its annual results for the year ended 31 December 2022. During 2022, financial markets have been heavily impacted by rising inflation and central banks’ interest rate hikes in response to this. Principal among these are the seven interest rate hikes in 2022 by the US Federal Reserve – taking the […]

31 Mar 2023

Henderson High Income outperforms during a more challenging year

Henderson High Income (HHI) has announced its annual results for the year ended 31 December 2022, which proved to be a more challenging period, after 2021’s strong performance. During 2022, HHI provided NAV and share price total returns of +-1.9% and -1.1% respectively, although this was superior to its composite index which provided a total […]

30 Mar 2023

Pershing Square Holdings benefits from interest rate hedges

Pershing Square Holdings (PSH) has published its annual results for the year ended 31 December 2022. During the period, PSH net asset value (NAV) total return per share decreased by 8.8%, ending the year at US$51.76 per share, while its share price total decreased 14.6% as a result of the widening of the discount to […]

30 Mar 2023

India Capital Growth benefits from financials overweight

India Capital Growth (IGC) has announced its annual results for the year ended 31 December 2022. During the year, IGC’s NAV rose 3.9%, modestly outperforming the BSE Midcap TR Index, which increased by 3.2%. The NAV of the portfolio, before deferred tax provision relating to potential Indian Capital Gains Tax, rose by 4.3% outperforming emerging […]

24 Mar 2023

Starwood European Real Estate Finance benefits from rising rate environment

Starwood European Real Estate Finance (SWEF) has released its annual results or the year ended 31 December 2022. This was the last year of account for which SWEF was not in realisation mode as, post period end, shareholders approved a new investment objective and policy that will see an orderly realisation of the fund’s portfolio, […]

24 Mar 2023

Dunedin Enterprise – the end is still not nigh!

Dunedin Enterprise (DNE) has announced its results for the year ended 31 December 2022, the key financial highlights of which are as follows: Share price total return of 18.5% in the year to 31 December 2022 Net asset value total return of 21.7% in the year to 31 December 2022 Realisations of £36.9m in the […]

24 Mar 2023

Downing Renewables & Infrastructure taking advantage of own discount

Downing Renewables & Infrastructure (DORE) has announced that, in response to the discount to NAV the trust has been trading at recently, the board intends to commence buying back shares in the market where it believes this to be in shareholders’ interests. Both the board and manager think that the prevailing discount materially undervalues both […]