When I started writing this article, it was being widely reported that the chancellor, Kwasi Kwarteng, had been forced to cut short his visit to the US and was returning to London to face urgent talks with the prime minister and Conservative MPs. Before I had finished it, he was out of a job, with […]
Schroder Japan Growth (SJG) has published its annual results for the year ended 31 July 2022, during which it provided an NAV total return of 1.0%, outperforming its benchmark which produced a negative total return of -1.9% over the year. The share price fell -2.0% on a total return basis, with the discount averaging 11.0% […]
In QuotedData’s morning briefing 14 October 2022: Hipgnosis Songs Fund (SONG) has announced that it has appointed Singer Capital Markets Securities Limited to manage an “irrevocable share repurchase programme” to buy back ordinary shares within certain pre-set parameters. The Share Purchase Programme will commence today and will run until 8 December 2022. Castelnau Group (CGL) […]
Oakley Capital Investments Limited (OCI) has announced that Oakley Capital Fund IV, in which it holds an investment, has agree to sell part of its stake in Wishcard Technologies Group, one of Europe’s fastest growing gifts and rewards platforms. After the sale, Fund IV will retain a residual shareholding in Wishcard. OCI’s look through share […]
In QuotedData’s morning briefing 13 October 2022: Riverstone Credit Opportunities Income (RCOI) has announced that it has reached an agreement to extend its EPIC Propane, a sponsor-backed infrastructure company that provides propane purity offtake transportation to the Gulf Coast export market. EPIC Propane is part of the broader EPIC Midstream system that includes over 1,695 […]
Harmony Energy Income (HEIT) has announced the results of its C share issue that was announced on 28 September 2022 (click here to see our coverage of this). HEIT has raised gross proceeds for the C share issue of around £15m, which will be used to fund the acquisition of projects in its pipeline (totaling […]
Further to its announcement on 30 August 2022 that it had made an indicative all cash offer of US$26 for each Grindrod Shipping Holdings Limited share that it didn’t already own (consisting of a cash purchase price of US$21.00 per share plus a special cash dividend from Grindrod of US$5.00 per share to its existing […]
Fidelity Asian Values (FAS) has announced its final results for the year ended 31 July 2022, during which its NAV increased by 3.9%, compared to the MSCI All Countries Asia ex Japan Small Cap Index (net) total return (in Sterling terms) which returned -5.6% over the same period. The chairman, Kate Bolsover, says that Nitin […]
New Star (NSI) has announced its annual results for the year ended 30th June 2022, during which it provided an NAV total return of 9.53%, leaving the NAV per ordinary share at 174.56p. By comparison, the Investment Association’s Mixed Investment 40-85% Shares Index fell 7.12%. The MSCI AC World Total Return Index fell 3.73% in […]
In QuotedData’s morning briefing 12 October 2022: JPMorgan Multi-Asset Trust (MATE) has announced its interim results for the half year ended 31 August 2022. During the period, MATE provided an NAV total return of -6.4%, which was an underperformance of 9.4% compared to the trust’s reference index (although it should be noted that MATE’s reference […]
