Hipgnosis signs up hip hop legend Timbaland – Hipgnosis Songs (SONG) has bought a music catalogue from Timbaland, the American record producer, rapper, singer, songwriter and DJ, who SONG describe as being widely regarded as the most successful and influential producer in the history of hip hop. The Timbaland catalogue that Hipgnosis has acquired comprises 108 albums and songs. […]
US Solar enters exclusivity talks to acquire 39 MWDC California solar portfolio – US Solar (USF) has entered exclusivity with Greenbacker Renewable Energy Corporation (Greenbacker), a company it describes as a leading investor and product sponsor focusing on income-producing renewable energy projects, to acquire an approximately 39 MWDC operating utility-scale solar power portfolio consisting of eight […]
In QuotedData’s other news 15 October 2019 – AVI Japan Opportunity announced that it has increased its 364 day, 1.465bn Yen unsecured revolving credit facility with Scotiabank Europe by an additional 1.465bn Yen (approximately £11m as at 14 October 2019). The board of Invesco Perpetual UK Smaller Companies has announced the appointment of Graham Paterson as […]
CQS Natural Resources Growth & Income’s strong precious metals weighting a silver lining – The year to 30 June 2019 was challenging for CQS Natural Resources Growth & Income (CYN). At the financial year-end, the NAV was down 13.9% year-on-year. The company says that since the end-of-the-period, it has outperformed peers, with its exposure to precious metals […]
Neil Woodford no longer manager of Woodford Equity Income: Woodford Patient Capital (WPCT) released the following statement: “The board of WPCT notes the statement by Link Fund Solutions Limited, the Authorised Corporate Director of the LF Woodford Equity Income Fund (WEIF), that: (i) the decision has been taken by LFS not to re-open WEIF and instead […]
Scottish Oriental held back by India over the past year – Over Scottish Oriental Scottish Oriental’s (SST) year to 31 August 2019, the trust says that its comparatively large exposure to India held back performance. They remain optimistic about their allocation to India though. SST’s total return NAV per share increased by 1.1% over the […]
Fidelity Asian Values premium rises over strong year – Fidelity Asian Values (FAS) has reported annual results to 31 July 2019, including the following: FAS’s share price rose 12.3%; NAV increased by 8.2%, versus the 3.9% benchmark index; An increased allocation to non-banking finance companies in India supported strong returns; Out of favour small companies presented […]
In QuotedData’s other news 14 October 2019 – Downing Strategic Micro-Cap noted that with reference to the announcement of 27 September 2019, the board announces that the resignation of Mr Andrew Griffiths, a non-executive director of the company took effect from Friday 11 October 2019. Elsewhere, Aberdeen New Thai reported solid interim results, benefiting from the […]
Aberdeen New Thai stock selection and currency drive interim 14.6% NAV return – Aberdeen New Thai (ANW) Thai equities and enjoyed a positive half year to the end of August 2019 with particular gains for Sterling investors. The Stock Exchange of Thailand Index (SET Index) rose by 15.2% on a sterling-adjusted total return basis as the […]
Urban Logistics REIT portfolio value up 3.8% over interim period – The Property – UK Commercial sector company, Urban Logistics REIT (SHED), has provided a trading update following the end of its interim period to 30 September 2019. In advance of reporting half-year results on 14 November, SHED has said: Portfolio valuation up 3.8% to […]
