In QuotedData’s other news 29 October – Bill Ackman-managed Pershing Square Holdings (PSH) has announced an additional share buyback program worth $100m of PSH’s outstanding shares on the London Stock Exchange and Euronext Amsterdam. PSH says the program will begin following the completion of the previously announced $100m buyback program. They add that the program […]
JPMorgan Global Core Real Assets gets £35.5m capital call – The recently launched JPMorgan Global Core Real Assets (JARA) has announced that one of its underlying real estate strategies has called the capital committed by the company with a funding date no later than Friday 8th November 2019. The company says that the capital called […]
Triple Point Social Housing credit facility extended to £130m – The social housing REIT, Triple Point Social Housing (SOHO), has announced it has secured a £60m extension to its existing £70m revolving credit facility (RCF) arrangement with Lloyds Bank (Lloyds). NatWest will provide additional debt financing (on identical terms) alongside Lloyds, taking the RCF to […]
Unquoteds outperform for International Biotechnology Trust – International Biotechnology Trust (IBT) has reported annual results to 31 August 2019. The majority of IBT’s portfolio holdings are based in the US. Headline results: Share price (2.1%) NAV (6.8%) NASDAQ Biotechnology Index (NBI) (9.8%) FTSE All-Share Index: +0.4% Quoted portfolio outperformed benchmark over challenging period IBT’s quoted […]
In QuotedData’s other news 28 October – Leaf Clean Energy (LEAF) announced that in accordance with the special resolution passed by the required majority at the extraordinary general meeting held on 1 July 2014, it will be returing approximately £21.5m to shareholders. Leaf has frequently been in the news this year, involving its case with Invenergy […]
Volta Finance not expecting significant increase in default rates – The debt sector structured finance company, Volta Finance (VTA), has reported annual results to July 31 2019. VTA, which aims to preserve capital across the credit cycle, recorded a 2.5% increase in total return NAV, while the shares increased 7.9%, over the year. Managers report […]
HgCapital Trust to invest £31.6m in price reporting firm – HgCapital Trust (HGT) plans to invest £31.6m in Argus Media, a global provider of energy and commodity price reporting. The investment will be carried out by Hg, HGT’s manager, alongside other institutional investors in its Hg Saturn Fund. Dry powder of £134m available Based on the 31 […]
Gulf Investment Fund outperforms on lower Saudi exposure – Gulf Investment Fund (GIF) has released a report covering its third quarter period to 30 September 2019. The NAV was up 1%, compared to a 5.5% decline in the benchmark S&P GCC Index. Year-to-date, GIF’s NAV is up 17.9% (benchmark is up 3.7%). The funds outperformance during […]
In QuotedData’s other news 16 October 2019 – SQN Secured Income (SSIF) reported annual results to 30 June 2019. The shares were up 8.2% on a total return basis, while the NAV increased 4.4%. The company said that its income stability over the year was a testament to the uncorrelated nature of the assets that […]
Woodford Investment Management to close – The board of Woodford Patient Capital Trust (WPCT) announced last night that, in light of recent events, Woodford Investment Management Limited (WIM) had served notice of termination in relation to its role as manager. During its three-month notice period, the board said WIM has committed to work collaboratively throughout the […]
