This week, we’ve had annual results Finsbury Growth and Income (FGT), which I thought presented an opportunity to have a look at how the trust is doing and reflect upon our previous observations of the manager’s style. For most readers, FGT needs little introduction. It is a household name in the investment trust space, having […]
Rockwood Strategic’s (RKW)’s) portfolio company Crestchic, which accounted for 28.7% of RKW’s NAV as at 30 September 2022, has announced that it has agreed terms with Aggreko for a recommended cash offer to be made by Aggreko for the entire issued and to be issued ordinary share capital of Crestchic. Under the terms of the […]
International Public Partnerships (INPP) has agreed binding terms to acquire five infrastructure investments in New Zealand for around NZD 200m from Morrison & Co managed Public Infrastructure Partners. The Acquisition marks INPP’s first investment in New Zealand and will provide further diversification of INPP’s investment portfolio as well as a platform which should generate further […]
ThomasLloyd Energy Impact Trust (TLEP/TLEI) has announced a number of senior appointments at its investment manager, ThomasLloyd Global Asset Management (Americas) LLC (a wholly-owned subsidiary of ThomasLloyd Group Ltd). As yet unnamed chief investment officer (CIO) TLEP’s manager has recently agreed the appointment of a CIO. We do not know who this person is yet, […]
In QuotedData’s Morning briefing 9 December 2022: Syncona’s (SYNC’s) portfolio company Autolus Therapeutics Plc has announced the pricing of its underwritten public offering, in the US, of 75m American Depositary Shares (ADSs). These represent 75m ordinary shares and were issued at a price of US$2.00 per ADS, for total gross proceeds of approximately US$150m (£122.5m). […]
Schroder AsiaPacific (SDP) has announced its annual results for the year ended 30 September 2022. During the period, SDP provided an NAV total return of -13.6%, marginally outperforming its benchmark, the MSCI All Country Asia ex Japan Index, which provided a total return of -13.9%, while the share price total return was -14.5%. SDP’s chairman, […]
In QuotedData’s morning briefing 7 December 2022: Jupiter Green (JGC) has published its interim results for the six months ended 30 September 2022. During the period, JGC provided an NAV total return of -9.5%, which compares with a total return of -7.5% for JGC’s company’s benchmark index, the MSCI World Small Cap Total Return Index. […]
US Solar (USF) has provided an update on personnel changes at its investment manager. This follows the board’s announcement, on 17 October 2022, that it would undertake a strategic review (USF’s board says that this is well advanced and it expects to deliver the outcome in Q1 2023). USF’s board says that it has been […]
In QuotedData’s morning briefing 2 December 2022: Cordiant Digital Infrastructure (CORD) has announced that Steven Marshall, co-head and chairman of the company, has purchased 709,000 CORD ordinary shares at 89.47p per share. Following this purchase, Mr Marshall owns a total of 4,000,000 ordinary shares and the number of ordinary shares held by the Investment Manager […]
Chrysalis Investments (CHRY) has provided an update to its performance fee arrangements, which are the result of discussions between the board and Jupiter. The aim of the discussions has been to revise the current performance fee arrangements in order to ensure long term alignment between the management team and Chrysalis shareholder interests. CHRY’s board says […]
