News

21 May 2025

HICL sets dividend target for FY27, revises fee structure and pushes on with buybacks

HICL Infrastructure (HICL) has announced its annual results for the year ended 31 March 2025, delivering robust operational performance despite macroeconomic headwinds and continued pressure on its share price. However, HICL’s net asset value (NAV) per share declined by 3.2% over the year to 153.1p (from 158.2p), largely due to a 40bps rise in the […]

19 May 2025

JPMorgan Indian announces package of changes following strategic review

JPMorgan Indian Investment Trust (JII) has announced a package of proposals aimed at tackling persistent underperformance and a stubborn share price discount, following the conclusion of its strategic review and shareholder consultation. JII’s board says it remains committed to the existing quality-growth investment strategy, led by managers Amit Mehta and Sandip Patodia, and has ruled […]

19 May 2025
14 May 2025

HydrogenOne first quarter NAV broadly stable, manager publishes new “Hydrogen Handbook”

HydrogenOne Capital Growth (HGEN) has published its first quarter 2025 NAV and portfolio update, while its manager has published its latest “Hydrogen Handbook” – its annual hydrogen sector review. In its quarterly update, HGEN has reported a net asset value per share of 89.28p as at 31 March 2025, broadly unchanged from 90.39p at the […]

14 May 2025

Polar Capital Global Financials launches 100% tender offer

As promised, Polar Capital Global Financials Trust (PCFT) has launched a tender offer of up to 100% of its issued share capital (excluding treasury shares), offering investors an opportunity to fully exit at a price close to NAV. The proposal, which follows through on a commitment in the trust’s articles of association, is conditional on […]

14 May 2025

Schroder Income Growth cuts costs, sharpens discount control and bolsters team to enhance returns

Schroder Income Growth Fund (SCF) has published its half-year results to 28 February 2025, reporting a NAV total return of 2.9%, trailing its All-Share Index benchmark, which it says returned 5.2%. While performance lagged over the period, the board has unveiled a series of proactive steps aimed squarely at improving shareholder outcomes – including material […]

14 May 2025
12 May 2025

EJF Investments launches RetailBook offer for 2029 ZDP shares

EJF Investments Limited (EJFI) has announced the launch of a RetailBook offer for its new 2029 zero dividend preference (ZDP) shares, offering eligible UK retail investors an opportunity to participate in the issuance on equivalent terms to institutional investors. The issue price for the 2029 ZDP shares under the RetailBook offer has been set at […]

12 May 2025