JPMorgan Japanese (JFJ) has announced its interim results for the six months ended 31 March 2021, during which it underperformed its benchmark, which can be primarily attributed to the market rotation in favour of companies expected to benefit from a recovery in economic activity, facilitated by the vaccine rollout. During the period, JFJ provided a […]
Apax Global Alpha (AGA) has announced that Global-e has completed its IPO and started trading on the Nasdaq Global Select Market, which based on the closing price on 12 May 2021 has led to an uplift of approximately 0.9% of AGA’s Adjusted NAV (or €0.02 per share) at 31 March 2021. The IPO was a […]
Apax Global Alpha (AGA) has announced Apax X, in which it holds a limited partnership interest, has signed an agreement to acquire a majority ownership stake in Nulo, which it describes an ultra-premium pet food company. The transaction is expected to close in the second quarter of 2021, subject to customary closing conditions. Aga says […]
In QuotedData’s morning briefing 14 May 2021: John Laing Group has announced that all necessary approvals have now been obtained for the availability-based Colombian road PPP project Pacifico 2 and that it has achieved financial close on its purchase of the 21.15% interest in Pacifico 2 it has acquired from Construcciones El Condor. This transaction completed […]
Sherborne Investors (Guernsey) C (SIGC) has announced that its board has been notified by the company’s investment manager that funds managed by it have disposed of their entire 6.01% shareholding in Barclays PLC. There’s no explanation as to why, other than the manager says that it has identified a better opportunity. Sherborne Investors has advised […]
Liontrust ESG Trust (ESGT) has issued an intention to float (ITF) this morning, in which has announced plans for a £150m IPO on the premium segment of the main market of the London Stock Exchange. ESGT is seeking to raise £150 million by means of a placing, offer for subscription and intermediaries offer, following which […]
US Solar Fund (USF) has announced that it has raised US$132m in its first fundraising since its IPO two-years ago (click here to read the IPO note we produced on the fund at that time). This first issue, which was conducted under its recently launched placing programme, was well supported by new and existing investors […]
In QuotedData’s morning briefing 7 May 2021: Shareholders have approved both a change of name and a revised investment Policy for Jupiter US Smaller Companies (JUS), which reflects the change of investment manager to US based Brown Advisory (click here to read our initiation note on the company which takes a detailed look at Brown’s […]
Honeycomb (HONY) has announced its annual results for the year ended 31 December 2020, during which it provided an NAV return of 7.7% over 2020, which was broadly in line with the prior year (2019: 7.8%). HONY’s chairman, Robert Sharpe, says that the stability of returns is particularly pleasing given the economic backdrop. He attributes […]
Pacific Assets (PAC) has announced its annual results for the year ended 31 March 2021, during which it has benefited from a resurgence in some out of favour holdings. During the year, PAC provided NAV and share price total returns of 22.3% and 25.8% respectively. In comparison, the MSCI All Country Asia ex Japan Index […]
