Over Aberdeen Asian Income (AAIF)’s interim results period to 30 June 2020, the company’s NAV declined by (6.5%). By comparison, the MSCI All Countries Asia Pacific ex-Japan high dividend yield index was down by (7.0%) over the same period. AAIF says that its performance was affected by its light exposure to China, which was the […]
In QuotedData’s morning briefing 12 August 2020: International Public Partnerships (INPP) has acquired an additional interest in the Bradford and Lewisham Building Schools for the Future (BSF) Project. INPP is committing a further £3.6m to acquire stakes in the six PFI project companies that own the fourteen schools providing education facilities to over 17,000 pupils across Bradford and […]
Hipgnosis Songs (SONG) announced another deal this morning, after acquiring 100% of the writer’s share and neighbouring rights (sound exchange) royalties to Blondie co-founders, Debbie Harry and Chris Stein’s catalogue, made up of 197 songs. As pioneers of the American punk and new wave scene of the mid-70s in New York, SONG notes that Blondie […]
In QuotedData’s morning briefing 5 August 2020: SEGRO (SGRO), the £11.5bn market cap REIT focused on modern warehouses and light industrial property, announced results covering the interim period to 30 June 2020. Adjusted pre-tax profit of £140.4m, represented an increase of 6.5% year-on-year. Adjusted NAV per share increased by 2.6% over the six-month period, helped by an […]
Private equity sector company, HgCapital Trust (HGT), has indirectly invested a further £8.1m in Evaluate alongside other institutional clients of its manager, Hg. Hg is a leading European software investor ‘A leading provider of commercial intelligence and predictive analytics to the pharmaceutical industry’ Evaluate is described as a leading provider of commercial intelligence and predictive analytics to […]
Technology sector trust, Allianz Technology (ATT), has reported interim results to 30 June 2020. It was an outstanding period for the fund, with technology flourishing over the pandemic. ATT’s NAV increased by 36.7%, while the shares delivered a return of 36.9%. Benchmark beat led by remote working and stay at home ATT comfortably beat its […]
Hipgnosis Songs (SONG) has acquired the music royalty catalogue of Barry Manilow, described as one of the world’s bestselling recording artists of all time, having sold more than 85m records. ‘The top Adult Contemporary chart artist of all time’ SONG notes that Barry Manilow has been named the top “Adult Contemporary” chart artist of all time by both […]
In QuotedData’s morning briefing 3 August 2020: Fidelity Japan (FJV) reported interim results to 30 June 2020. The trust’s NAV increased by 2.3% in sterling terms, which FJV noted was ahead of its reference index which returned (0.8%) and the average of the peer group which returned 0.7%. Manager, Nicholas Price, notes that: “Japan continues to […]
Merian Chrysalis (MERI) has confirmed that the underlying asset referred to in the announcement dated 20 July 2020 (we covered the story here) is TransferWise. MERI has participated in TransferWise’s US$319m secondary share sale, which valued the business at US$5bn. MERI’s first sale The transaction is the first sale conducted by the MERI and has generated […]
Hipgnosis Songs (SONG) has signed up Rodney Jerkins, adding the music catalogue of the four-time Grammy winner. Rodney will also join SONG’s board. Rodney Jerkins, a producer, rapper, composer and songwriter, rose to prominence in 1997 having co-written, arranged and produced five songs for Mary J. Blige’s US Number 1 and 3x US platinum-certified album ‘Share […]
