New Star Investment Trust (NSI) has announced its annual results for the year ended 30th June 2021, during which it benefited from its allocations to UK smaller companies and emerging markets but allocations to dollar cash and gold equities hurt performance. During the year, NSI generated a positive total return of 22.16%, taking the net […]
In QuotedData’s morning briefing 24 September 2021: Nippon Active Value Fund (NAVF) has published its interim results for the 6 months to 30 June 2021. Over the period, NAVF’s NAV per share and share price total return had increased by 10.1% and 17.5% respectively, while its discount narrowed from 6.2% to 2.6%. In comparison, the […]
JPMorgan Mid Cap has announced its annual results for the year ended 30 June 2021, which show that it had a bumper year of outperformance that was derived from a number of sources. During the year, JMF says that its benchmark, the FTSE250, provided a total return of 36.7%, while JMF’s NAV total return for […]
NextEnergy Solar Fund (NESF) has announced that it has into a £100m joint venture partnership (JVP) with Eelpower Limited, a leading battery storage specialist in the UK. The joint venture partnership is targeting the establishment of up to 250MW in projects with £100m in invested capital and has already signed its first acquisition of a […]
SDCL Energy Efficiency Income (SEIT) has announced that it has raised £250m from its oversubscribed issue, reflecting a strong level of support from both institutional and retail investors. Given the level of demand and the company’s acquisition pipeline, the Board has decided to increase the target size of the Issue from gross proceeds of £175 […]
In QuotedData’s morning briefing 17 September 2021: Middlefield Canadian Income has released its interim results for the six months ended 30 June 2021, during which it generated an NAV total return of 26.5% and a share price total return of 23.3% (its share price also reached a record high in June). Surprisingly, the announcement doesn’t […]
Alternative asset manager, Gresham House (GHE) has announced that it has agreed terms to purchase the Venture Capital Trust (VCT) business of Mobeus Equity Partners LLP (Mobeus) for an upfront payment of £24.0 million, with a further £12.1 million payable over a three-year period, subject to certain criteria being achieved. To fund the purchase, Gresham […]
In QuotedData’s morning briefing 10 September 2021: RTW Venture (RTW) has announced a new portfolio investment in Lycia Therapeutics, following its participation in the company’s US$70m series B financing round, the proceeds of which are intended to advance Lycia’s discovery pipeline of LYTAC degraders. Lycia is a privately held biotechnology company developing extracellular protein degradation […]
Pershing Square Holdings has published a letter issued by its SPAC, Pershing Square Tontine Holdings (PSTH), in relation to a law suit that has been filed against it that it is operating as an illegal investment company. Rather than copy and paste, we have reproduced the letter in full below. [QD comment: this is a […]
In QuotedData’s morning briefing 20 August 2021: EP Global Opportunities (EPG) has announced its interim results for the half-year ended 30 June 2021. At the half-year end, EPG’s NAV was 314.6p, an increase of 2.0% from the 31 December 2020 NAV of 308.4p. After taking account of the final dividend of 6.0p per share that was paid […]
