International Public Partnerships : INPP

Research History

• 07 May 2020 4 min read

  QuotedData’s Economic Roundup – May 2020

  Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]

• 07 Apr 2020 5 min read

  QuotedData’s Economic Roundup – April 2020

  Economic & Political Roundup Kindly sponsored by Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]

• 10 Jan 2020 5 min read

  QuotedData’s investment companies roundup – January 2020

  Investment Companies Roundup Kindly sponsored by Baillie Gifford  Table of contents  New research In this issue Performance data Discounts and premiums Money in and out Income Events  New research  Here is a list of research we published over December: An update note on BlackRock Throgmorton (THRG) “BlackRock Throgmorton continues to lead its peer group in […]

• 07 Oct 2019 6 min read

  QuotedData’s economic roundup – October 2019

  Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]

• 08 May 2019 3 min read

  QuotedData’s investment companies roundup – May 2019

  Investment Companies Roundup  New research Over April, we published notes on Henderson Diversified Income, Ecofin Global Utilities and Infrastructure, Jupiter Emerging and Frontier Income, Seneca Global Income & Growth and Polar Capital Global Financials Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com.  In this issue Performance data – it was […]

• 05 Apr 2019 4 min read

  QuotedData’s economic roundup – April 2019

  Kindly sponsored by Polar Capital Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy […]

• 16 Oct 2018 2 min read

  Quarterly Investment Companies Roundup – Third Quarter 2018

  Quarterly Investment Companies Roundup – Third Quarter 2018 Global equities delivered positive returns over the third quarter of 2018.  This was principally because of strength in the US market. Political uncertainty and concerns about global trade held back other regions. Generally, government bond yields rose over the quarter. The UK equity market fell as the Bank of […]

• 12 Oct 2018 1 min read

  QuotedData’s Economic round up – October 2018

  QuotedData’s Economic round up – October 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]

• 14 Sep 2018 1 min read

  QuotedData’s investment companies roundup – September 2018

  QuotedData’s investment companies roundup – September 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in August GRIT Real Estate Income floated on the UK Stock Exchange in […]

• 18 Jul 2018 2 min read

  Quarterly Investment Companies Roundup – Second Quarter 2018

  QUARTERLY INVESTMENT COMPANIES ROUNDUP – SECOND QUARTER 2018 Global equities markets rose in the second quarter of 2018, Markets were volatile, as positive economic data and encouraging company performances played off against geopolitical concerns. Yields from bond markets rose early in the quarter but fell back as investors turned to ‘safer’ investments. The threat of […]

• 11 Jun 2018 1 min read

  QuotedData’s investment companies roundup – June 2018

  QuotedData’s investment companies roundup – June 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of May 2018. Kindly sponsored by Baillie Gifford. The premium of biotech company, Syncona, rose on positive news on two of its […]

• 18 Jan 2018 1 min read

  QuotedData – 2017 review of the year

  QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside:  US markets hit new highs despite three interest rate rises.  Perceived low/no growth areas such as Europe and Japan burst into life.  Asia’s technology stocks surged.  India’s […]

• 10 Jan 2018 2 min read

  QuotedData investment companies roundup – January 2018

  QuotedData investment companies roundup – January 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2017. Kindly sponsored by Baillie Gifford. January Investment Companies Roundup Winners and losers in December Infrastructure India’s share price […]

• 11 Dec 2017 2 min read

  QuotedData investment companies roundup – December 2017

  QuotedData investment companies roundup – December 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2017. Kindly sponsored by Baillie Gifford. December Investment Companies Roundup Money raised and returned in November There were no […]

• 19 Oct 2017 1 min read

  Quarterly investment companies roundup – Third quarter 2017

  Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]

• 03 Aug 2017 1 min read

  QuotedData investment companies roundup – August 2017

  QuotedData investment companies roundup – August 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of July 2017. Kindly sponsored by Baillie Gifford. August Investment Companies Roundup Monthly NAV/Price moves: A couple of themes stand out […]

• 14 Jun 2017 1 min read

  QuotedData investment companies roundup – June 2017

  QuotedData investment companies roundup – June 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of May 2017. Kindly sponsored by Baillie Gifford. June Investment Companies Roundup Japan was one of the best places to be […]

• 31 Jan 2017 1 min read

  QuotedData – 2016 review of the year

  Our review of 2016 includes performance data, significant moves in discounts and premiums, money raised and money handed back, major news stories and links to the research we have published including our guide to investment companies. 2016 Annual roundup

• 27 Oct 2016 1 min read

  Quarterly investment companies roundup – Third quarter 2016

  Q3 saw the market adapt to life post the UK’s EU referendum. Sterling continued to fall but most stock markets stabilised and discounts narrowed across most sectors. While the US election is dominating headlines, it does not seem to be having much impact on markets so far. q3-quarterly-roundup

• 13 Oct 2016 1 min read

  QuotedData’s round up of views on the global economy – October 2016

  QuotedData’s collation of recent insights on markets and economies taken from comments made by chairman and managers of investment companies. october-economic-and-political-roundup  

News

• 02 Dec 2024 4 min read

  QuotedData’s morning briefing 2 December 2024 – SBSI, GSEO/ENRG, TRY, SBO, FP., BERI, DNE, IGET, ARR/ATS, INPP

  Schroder BSC Social Impact (SBSI) has adopted the “Sustainability Impact” label and will continue to be considered an “impact fund” under the FCA’s Sustainability Disclosure Requirements and investment labelling regime. VH Global Sustainable Energy Opportunities has changed its name to VH Global Energy Infrastructure with effect from today, and its ticker will be changed to […]

• 17 Oct 2024 1 min read

  International Public Partnerships backs BeNEX to buy Abellio Germany

  International Public Partnerships says that BeNEX, its portfolio company, has successfully completed the acquisition of Abellio’s regional rail operations in Germany. BeNEX will become one of the largest providers of local rail passenger transport in Germany. The trust owns all of BeNEX. BeNEX is an investor in both rolling stock and five train operating companies […]

• 27 Sep 2024 2 min read

  QuotedData’s morning briefing 27 September 2024 – RTW, INPP, ASLI

  In QuotedData’s morning briefing 27 September 2024: BioAge Labs, Inc., a portfolio company of RTW Biotech Opportunities (RTW), has completed a US$198m initial public offering (IPO) and is now trading on the Nasdaq Global Select Market under the ticker: BIOA. The company raised the US$198m by offering 11,000,000 shares at US$18.00 per share and, as […]

• 05 Sep 2024 1 min read

  QuotedData’s morning briefing 5 September 2024 – BPCR, INPP, FP, HGT, BGUK, BCPT

  In QuotedData’s morning briefing 5 September 2024: BioPharma Credit (BPCR) says it provided $132.925m of funding to Collegium Pharmaceutical to help fund its acquisition of Ironshore Therapeutics. BioPharma Credit already had exposure to Collegium through a $160.4m term loan. BioPharma Credit’s loans are part of a $645.8m senior secured loan funding package that was put […]

• 19 Jun 2024 4 min read

  International Public Partnerships holdings continue well operationally and financially but lower inflation will negatively impact NAV

  International Public Partnerships (INPP) has provided the market with an update on its performance so far this year. It says that its portfolio of over 140 projects and businesses has continued to perform well, both operationally and financially, during the period. Its portfolio continues to deliver essential services to stakeholders, maintaining high levels of asset […]

• 28 Mar 2024 1 min read

  International Public Partnerships results light on crucial detail

  International Public Partnerships says that over 2023 its NAV fell by 4.1% to 152.6p [like BBGI, it doesn’t say what the NAV total return was, it was 1.0%, and while there is room to say that the share price correlation with the All-Share is just 0.4, there wasn’t room to say that the return to […]

• 16 Feb 2024 1 min read

  QuotedData’s morning briefing 16 February 2024 – CHIU, INPP

  In QuotedData’s morning briefing 16 February 2024: CT UK High Income Trust has decided to cancel the listing of its units (CHIU). Until now, investors had been able to hold and trade in units in the fund that were comprised of three ordinary shares and 1 B share. Now, the units are being discontinued and […]

• 20 Dec 2023 1 min read

  QuotedData’s morning briefing 20 December 2023 – INPP, AEIP, API

  In QuotedData’s morning briefing 20 December 2023: International Public Partnerships (INPP) announced a series of measures to optimise the company’s portfolio and reallocate capital to improve shareholder returns and address its discount. These include: a transaction involving the realisation of its four OFTO senior debt investments worth c.£200; the full repayment of its corporate debt […]

• 07 Sep 2023 2 min read

  International Public Partnerships hikes dividend by 5%

  International Public Partnerships has announced results for the six months ended 30 June 2023. The main highlight of these was the dividend increase but the other salient points were: The NAV reduced by 2.4% to 155.2 pence per share. The decline was driven principally by an increase in the discount rates used to value the […]

• 14 Jul 2023 4 min read

  QD view – Infrastructure sits on solid foundations

  Having been one of the few ports in the storm of 2022, it has been a dismal start to the year for infrastructure trusts. Every fund across the three main infrastructure sectors – infrastructure, infrastructure securities and renewable energy infrastructure – is down in share price terms for the year to date. For some of […]

• 09 Jun 2023 2 min read

  QuotedData’s morning briefing 9 June 2023

  In QuotedData’s morning briefing 9 June 2023: International Public Partnerships (INPP) has reached financial close on its acquisition of five New Zealand availability revenue-based social infrastructure investments (as announced on 9 December 2022), following regulatory approval from New Zealand’s Overseas Investment Office (‘OIO’). These are INPP’s first New Zealand investments and the c.NZD 218m (c.£108m) […]

• 25 May 2023 2 min read

  QuotedData’s morning briefing 25 May 2023

  In QuotedData’s morning briefing 25 May 2023: Gresham House Energy Storage (GRID) raised £50m from its placing and retail offer. Less than its £80m target but not a bad result in the current environment. 32,154,341 shares will be issued at a price of 155.5p. 30,584,387 of these shares will be issued via the placing and […]

• 21 Apr 2023 3 min read

  QuotedData’s morning briefing 21 April 2023

  In QuotedData’s morning briefing 21 April 2023: The Regulator of Social Housing has published an enforcement notice on Auckland Home Solutions, a tenant of Triple Point Social Housing REIT (4.6% of income) and Civitas Social Housing (15.9% of income). The enforcement notice follows on from the regulator’s ongoing engagement with Auckland and the regulatory notice […]

• 30 Mar 2023 2 min read

  International Public Partnership shareholders hit as moves to discount

  International Public Partnerships has published results for 2022. The highlights are: A total NAV return of c.12.5% for the year to 31 December 2022. NAV per share increase of 7.3% to 159.1p from 148.2p driven by, among other factors, the positive impact of the portfolio’s inflation-linkage. Full-year dividend growth of about 2.5% to 7.74p supported […]

• 03 Mar 2023 4 min read

  QD view – Discounts – time to get serious?

  The chart below shows how the median discount of share price to net asset value (NAV) across the whole London-listed investment companies market has moved since the start of 2021. What we see is a big lurch downwards around the outbreak of the war in Ukraine. Then a steady widening over the next few months […]

• 16 Dec 2022 1 min read

  QuotedData’s morning briefing 16 December 2022

  In QuotedData’s morning briefing 16 December 2022: International Public Partnership (INPP) has announced that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure Group and Transmission Investment, has successfully closed on the long-term ownership of East Anglia Offshore Transmission. The project relates to a transmission cable connection to the offshore wind farm located approximately 50km off […]

• 05 Dec 2022 1 min read

  QuotedData’s morning briefing 5 December 2022

  In QuotedData’s morning briefing 5 December 2022: SME Credit Realisation Fund (SCRF) reported a disposal of the trust’s remaining US loans, which were sold to a third-party buyer. SCRF expects to receive net proceeds of c.£2.5m from the sale. As part of the managed wind-down of its operations, SCRF continues to explore opportunities for further […]

• 24 Nov 2022 2 min read

  International Public Partnerships on the impact of rising interest rates

  As part of a general round up of recent progress within its business (the major parts of which we have covered in earlier stories), International Public Partnerships has provided its thoughts on the impact of rising interest rates on its business. The elements of the company’s investments that could primarily be impacted as a result […]

• 08 Sep 2022 1 min read

  QuotedData’s morning briefing 8 September 2022

  In QuotedData’s morning briefing 8 September 2022: International Public Partnerships, publishing its interim report, says that its Angel Trains investment is unaffected by strikes, its additional £42m investment in the Thames Tideway super sewer completed yesterday (7 September) and construction works are 80% complete, and Cadent (the UK gas infrastructure business, INPP’s largest investment) is […]

• 08 Jun 2022 2 min read

  QuotedData’s morning briefing 8 June 2022

  In QuotedData’s morning briefing 8 June 2022: International Public Partnerships (INPP) has posted a portfolio update for the period 1 January to 31 May 2022. During this time, approximately £48m of investments and commitments were made, including an additional c.£40m investment being announced into Tideway, the company building a 25km ‘super-sewer’ under the River Thames. […]

• 01 Jun 2022 2 min read

  QuotedData’s morning briefing 1 June 2022

  In QuotedData’s morning briefing 1 June 2022: Atrato Onsite Energy (ROOF) has invested £6.6m into an operational rooftop solar photovoltaic system for Marks & Spencer. The asset is immediately income producing for the company through the sale of green electricity onsite under a long-term power purchase agreement with M&S. The PV system is installed on […]

• 29 Apr 2022 2 min read

  QuotedData’s morning briefing 29 April 2022

  In QuotedData’s morning briefing 29 April 2022: Gulf Investment Fund says that all assets in its tender pool have been sold. As at 27 April 2022, the final tender offer asset value was $11,284,711, giving a tender price of $2.1639. The 5,214,956 tendered shares will be cancelled. It is expected that the proceeds payable to […]

• 08 Apr 2022 1 min read

  QuotedData’s weekly news show 8th April 2022

  Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, Jayna Rana covered the week’s top stories: Fundraising HydrogenOne Capital Growth Supermarket Income REIT International Public Partnerships Portfolio updates Gresham House Energy Storage NextEnergy Solar Cordiant Global Agriculture Income This week’s interview […]

• 24 Mar 2022 2 min read

  International Public Partnerships says effects of COVID are receding

  International Public Partnerships has published results for the 12 months ended 31 December 2021. The NAV increased from 147.1p to 148.2p and dividends totalling 7.55p were declared. The company has set out dividend targets for 2022 of 7.74p (+5.2%) and 2023 7.94p (+2.6%). The chairman says that: “Whilst overall the portfolio performed well in 2021, […]

• 23 Dec 2021 2 min read

  International Public Partnerships buys UK PPP portfolio

  International Public Partnerships buys UK PPP portfolio – International Public Partnerships is buying a small portfolio of UK PPP (public/private partnership) investments comprising initially interests in Townlands Community Hospital in Henley, Eltham Community Hospital and minority interests in the Building Schools for the Future (BSF) projects STaG 1 and 2. The seller is an affiliate of […]

• 16 Dec 2021 1 min read

  New Danish portfolio for International Public Partnerships

  New Danish portfolio for International Public Partnerships – International Public Partnerships has acquired an interest in a portfolio of four Danish public-private partnerships projects delivering availability-based, long-term, predictable cash flows. The company now holds a majority interest in the portfolio, which was bought for £14m. This is the company’s first investment in Denmark and provides […]

• 13 Dec 2021 2 min read

  QuotedData’s morning briefing 13 December 2021

  In QuotedData’s morning briefing 13 December 2021: Triple Point Energy Efficiency Infrastructure (TEEC) has acquired three operational, Feed in Tariff accredited hydroelectric power projects in Scotland for an aggregate consideration of £19.6m (excluding costs). They have a total installed capacity of 2.5MW, and all have five years or more of operational performance history. This investment […]

• 01 Dec 2021 3 min read

  QuotedData’s morning briefing 1 December 2021

  In QuotedData’s morning briefing 1 December 2021: Following the announcement on 3 November from BB Healthcare (BBH) that valid redemption requests in respect of 514,135 Ordinary Shares were received for the 30 November 2021 Redemption Point, the shares have been matched with buyers and sold at a calculated Redemption Price of 187.20 pence per share. It is […]

• 16 Nov 2021 3 min read

  QuotedData’s morning briefing 16 November 2021

  In QuotedData’s morning briefing 16 November 2021: International Public Partnerships (INPP) says that the consortium that it is a member of (alongside Amber Infrastructure Group and Transmission Investment) now owns the 400MW Rampion offshore wind farm transmission link. The offshore wind farm is located approximately 13km off the Sussex coast and consists of 116 x […]

• 30 Sep 2021 3 min read

  QuotedData’s morning briefing 30 September 2021

  In QuotedData’s morning briefing 30 September 2021: International Public Partnerships (INPP) says its £40m investment in the Rampion OFTO project looks likely to complete in November after Ofgem approved it on Tuesday. The project relates to the transmission cable connection to the Rampion offshore wind farm located 13km off the Sussex coast. The wind farm […]

• 06 Sep 2021 3 min read

  QuotedData’s morning briefing 6 September 2021

  In QuotedData’s morning briefing 6 September 2021: Late on Friday Custodian REIT (CREI) and Drum Income Plus REIT (DRIP) announced they had reached agreement on a recommended all-share acquisition of DRIP by CREI. DRIP shareholders will be entitled to 0.53 new CREI shares for each DRIP share, which values DRIP at £21.4m based on the closing […]

• 29 Jul 2021 1 min read

  INPP closes on Beatrice OFTO project

  INPP closes on Beatrice OFTO project – International Public Partnerships (INPP) says that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure Group and Transmission Investment, has successfully reached financial close for the long-term ownership and operation of the transmission link to the 588MW Beatrice offshore wind farm (the OFTO), Scotland’s largest operational offshore wind farm. […]

• 01 Jul 2021 1 min read

  International Public Partnerships acquires police headquarters project in Germany

  International Public Partnerships acquires police headquarters project in Germany – International Public Partnerships (INPP) has reached financial close on a new police headquarters in South-East Hesse in Offenbach. INPP has invested €9.5m for a 45% shareholding in the project, which in December 2017, was awarded to a consortium comprising INPP Public Infrastructure Germany, Amber Infrastructure and […]

• 30 Jun 2021 2 min read

  QuotedData’s morning briefing 30 June 2021

  In QuotedData’s morning briefing 30 June 2021: International Public Partnerships is looking to raise money by issuing shares at 165p, a 15% premium to the end December 2020 NAV (adjusted for the 3.68p dividend declared since). The company has £56m of drawings on its debt facility and upcoming investments worth about £100m, including its investment in […]

• 07 May 2021 3 min read

  QD view – how the top 10 trusts have changed

  I was playing with the QuotedData data pages this week – looking at factors such as widest discounts and highest yields – then I alighted on the 10-largest funds by market cap and I have to admit that some names on that list were a surprise to me. Fortunately, I had some old data from […]

• 25 Mar 2021 2 min read

  International Public Partnerships sees modest hit from COVID

  International Public Partnerships sees modest hit from COVID – International Public Partnerships says that it had a successful year in 2020, particularly against the wider backdrop of the global Covid-19 pandemic. The company met its dividend target of 7.36p per share for the year (2.5% more than for 2019) and has set out an ambition of […]

• 04 Mar 2021 2 min read

  QuotedData’s morning briefing 4 March 2021

  In QuotedData’s morning briefing 4 March 2021: International Public Partnerships (INPP) has renewed its corporate debt facility for a further three years to March 2024. The new facility has the same overall £400m capacity but is structured more efficiently as £250m on a fully committed basis together with a flexible ‘accordion’ component which will allow for […]

• 23 Dec 2020 1 min read

  QuotedData’s morning briefing 23 December 2020

  In QuotedData’s morning briefing 23 December 2020 – International Public Partnerships (INPP) made an additional  €10m investment and a contingent commitment of a further €14m to the 100% indirectly owned special purpose company that owns the Northern Diabolo Rail Link (Diabolo). Diabolo is a rail infrastructure investment which integrates Brussels airport with Belgium’s national rail […]

• 10 Sep 2020 2 min read

  QuotedData’s morning briefing 10 September 2020

  In QuotedData’s morning briefing 10 September 2020: Capital & Counties has sold a block of property, that it has dubbed “the Wellington block”, for £76.5m. The block comprises 25-31 Wellington Street, 23 Wellington Street, 15 Exeter Street, 12 & 14 Burleigh Street and Burleigh House, currently providing approximately 66,000 square feet of lettable space. The buyer […]

• 24 Aug 2020 1 min read

  International Public Partnerships updates on Covid-19 impact on Tideway project

  International Public Partnerships (INPP), the FTSE 250 listed infrastructure investment company, has released a statement noting the update issued by Tideway earlier this morning. INPP had previously indicated that the Covid-19 pandemic and associated government guidance was likely to have an impact on the overall cost and schedule of the Tideway project. We note that in July 2015 […]

• 12 Aug 2020 1 min read

  QuotedData’s morning briefing 12 August 2020

  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 […]

• 01 Jun 2020 2 min read

  International Public Partnerships says pipeline remains positive

  In an update covering the period from 1 January to 29 May 2020, infrastructure-sector company, International Public Partnerships (INPP), delivered a 1.7% increase in NAV. There has been no operational change to the investment portfolio in the period since year-end results were announced on 9 April. Income-wise, the portfolio maintains a high level of inflation-linkage, […]

• 26 May 2020 1 min read

  QuotedData’s morning briefing 26 May 2020

  In QuotedData’s morning briefing 26 May 2020, as the lockdown begins to ease: FastForward Innovations says its medicinal cannabis investment, Emmac Life Sciences will manufacture product for a clinical trial as part of a Consortium led by the University of Valencia. The clinical trial in COVID-19 patients will use the T12 molecule to prevent disease progression […]

• 09 Apr 2020 2 min read

  International Public Partnerships paints robust picture

  International Public Partnerships paints robust picture – in its results for 2019, International Public Partnerships (INPP) emphasises the reliability and predictability of the cash flows that underpin its business. For the 2019 calendar year, its NAV rose from 148.1p to 150.6p and it paid dividends totalling 7.18p, up from 7.0p, whcih were covered by the […]

• 26 Mar 2020 2 min read

  An update from International Public Partnerships

  An update from International Public Partnerships – International Public Partnerships had intended to publish its results today but these have now been delayed. So, instead, it has published an update that contains much of the salient information that would have been in the results statement. ” 2019 was a good year for the company with a […]

• 25 Mar 2020 1 min read

  QuotedData’s morning briefing 25 March 2020

  In QuotedData’s morning briefing 25 March 2020: The US reached an agreement to provide a $2tn stimulus package Meanwhile, India became the latest country to send its population into lock down Starwood European Real Estate Finance (SWEF) said that it, in line with the FCA’s guidance, it would delay publishing its annual results RM Secured […]

• 23 Mar 2020 2 min read

  Update from International Public Partnerships

  Infrastructure company, International Public Partnerships (INPP), the FTSE 250 listed infrastructure investment company, has released an update: Operational performance of assets continuing as expected The company confirms that the operational performance of its assets continues as expected; Covid-19 has to date had no impact on the company’s cashflow from its investments; and The company’s balance sheet remains […]

• 19 Dec 2019 1 min read

  International Public Partnerships gets another OFTO project

  International Public Partnerships gets another OFTO project – International Public Partnerships Limited (INPP) says that Transmission Capital Partners – the consortium comprising INPP, Amber Infrastructure and Transmission Investment – has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project (OFTO). The latest scheme, comprising the transmission cable connection […]

• 06 Dec 2019 1 min read

  QuotedData’s other news 6 December 2019

  In QuotedData’s other news 6 December 2019 Sanditon’s liquidation vote passed yesterday Baring Emerging Europe beat its benchmark for the year ended 30 September 2019, returning 17.8% against 15.9% for the index. The dividend was increased by a penny to 35p. Returns were driven by a strong stockmarket in Russia. Duke Royalty has awarded three […]

• 30 Sep 2019 1 min read

  QuotedData’s other news 30 September 2019

  Several investment companies reported results this morning. In QuotedData’s other news 27 September 2019: Africa Opportunity Fund (AOF) reported half-year results to 30 June 2019 with NAV per share of US$0.689 as at 30 June 2019; this represented a 2%  increase from the 31 December 2018. AOF noted that the single biggest factor on the negative front is an underlying macro-economic pattern in several African countries. Governments in countries […]

• 27 Sep 2019 1 min read

  QuotedData’s other news 27 September 2019

  In QuotedData’s other news 27 September 2019 Pacific Alliance China Land confirmed its planned delisting and liquidation, saying it would complete by the end of the year. Hipgnosis is asking shareholders to approve the issuance of 1bn C shares and has upped the maximum amount it will seek to issue now from 300m to 500m. Infrastructure […]

• 06 Sep 2019 1 min read

  QuotedData’s other news 6 September 2019

  In QuotedData’s other news 6 September 2019 – International Public Partnerships has announced its interim results for the six months ending 30 June 2019. Key financial highlights include: NAV per share growth to 150.3 pence (31 December 2018: 148.1 pence); Interim dividend increase to 3.59 pence per share (30 June 2018: 3.50 pence per share); […]

• 30 Aug 2019 1 min read

  INPP preferred bidder for Rampion offshore link

  INPP preferred bidder for Rampion offshore link – International Public Partnerships Limited (INPP) says that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project (‘OFTO’). The latest scheme, comprising the transmission cable connection to Rampion […]

• 01 May 2019 2 min read

  QuotedData’s other news 1 May 2019

  Dunedin Income Growth redeemed its £28.6m 7.875% debenture stock as planned and at par (£100 for every £100 worth of debentures). It borrowed £30m at 3.99% fixed until 2045 ahead of this and funded the redemption by selling a portfolio of corporate bonds. International Public Partnerships is investing another £12.4m in the Midlands Batch Priority Schools […]

• 02 Apr 2019 1 min read

  INPP buys BeNEX Rail stake

  INPP buys BeNEX Rail stake – International Public Partnerships Limited has entered into a sale and purchase agreement to acquire a further 51% shareholding in BeNEX GmbH from Hamburger Hochbahn AG, the City of Hamburg’s municipal public transportation company. The company has agreed to invest up to approximately EUR54 million of which part will be subscribed […]

• 28 Mar 2019 1 min read

  International Public Partnerships deploys another £105m

  International Public Partnerships deploys another £105m – International Public Partnerships has published results for 2018. Highlights are: Net Asset Value growth of 7.9% to GBP2.2 billion (31 December 2017: GBP2.0 billion) NAV per share growth to 148.1 pence (31 December 2017: 145.0 pence) Full-year dividend increase of c.2.5% to 7.00 pence per share (31 December 2017: […]

• 25 Mar 2019 1 min read

  INPP vehicle invests in fibre-optic start-up

  INPP vehicle invests in fibre-optic start-up – toob Limited (toob), the start-up fibre-optic company established by former directors at Vodafone, has announced it has secured investment from the National Digital Infrastructure Fund (NDIF). NDIF was established in 2017 as a co-investment vehicle partnership between HM Government and the infrastructure trust, International Public Partnerships (INPP), that […]

• 26 Oct 2018 1 min read

  International Public Partnerships invests in ultrafast digital network

  International Public Partnerships invests in ultrafast digital network – International Public Partnerships will invest up to around £9.9m into Nextgenaccess Ltd, a developer of ultrafast wholesale and custom fibre infrastructure. The Nextgenaccess investment falls within the framework of International Public Partnerships’s already announced overall commitment of up to GBP45 million to digital infrastructure via the National Digital […]

• 01 Aug 2018 1 min read

  International Public Partnerships makes second digital infrastructure investment

  International Public Partnerships makes second digital infrastructure investment – International Public Partnerships (INPP) will make a further investment of up to about £8.5 million into digital fibre-based network assets as part of its previously announced commitment of up to £45 million to the asset class via the National Digital Infrastructure Fund. INPP’s latest investment via the National Digital […]

• 21 Mar 2018 2 min read

  International Public Partnership says Carillion hit was just £1.5m

  International Public Partnership says Carillion hit was just £1.5m – International Public Partnership has released results for the year ended 31 December 2017. Highlights are: Net Asset Value (‘NAV’) growth to GBP2.0 billion (2016: GBP1.6 billion) translates into NAV per share growth to 145.0 pence (2016: 142.2 pence). They say that this reflects steady progression […]

• 08 Dec 2017 1 min read

  International Public Partnerships buys Frankfurt cop shop

  International Public Partnerships buys Frankfurt cop shop – International Public Partnerships Limited  has entered into a binding commitment to acquire a stake in the new public private partnership police centre of South-East Hesse in Offenbach. International Public Partnerships has committed to invest c.EUR8 million for a 45% shareholding in the project. The project has been […]

• 28 Nov 2017 2 min read

  INPP adds to Australian rolling stock project

  INPP adds to Australian rolling stock project – International Public Partnerships Limited (“INPP”) has announced the acquisition of an additional interest in the Australian rolling stock public-private partnership, the Reliance Rail PPP Project. INPP has invested c.A$154 million (cGBP88 million) and will now own a 33% interest in the project with the remaining interest held […]

• 27 Nov 2017 1 min read

  International Public Partnership consortium preferred bidder for OFTO project

  International Public Partnership consortium preferred bidder for OFTO project – International Public Partnerships Limited says that it is pleased that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project. The latest scheme, comprising the […]

• 04 Sep 2017 1 min read

  Five alternative investments for 5% plus yields

  Investors’ insatiable appetite for income has pushed many innovative income funds to lofty premiums, but a host of opportunities remain. Jennifer Hill outlines five routes to pocket inflation-beating income. Investors are on the hunt for alternative sources of income, given the high valuations of many equity markets and poor value in bonds. ‘We’ve been looking […]

• 03 Jul 2017 2 min read

  INPP makes digital infrastructure commitment

  INPP makes digital infrastructure commitment – International Public Partnerships (INPP) has committed jointly with HM Government to make an investment in digital infrastructure and particularly fibre optic broadband connections. It sees long term parallels between the essential nature of broadband connectivity to the home and workplace, and the established businesses of gas and electricity distribution and […]

• 09 May 2017 1 min read

  International Public Partnerships raises £330m in oversubscribed issue

  International Public Partnerships has successfully completed its Placing, Open Offer and Offer for Subscription. Due to significant oversubscription from new and existing investors and after conducting a significant scaling-back exercise for non-pre-emptive allocations, the Board has elected to issue the maximum new shares available, raising gross proceeds of GBP330 million. The level of additional demand […]

• 05 May 2017 1 min read

  International Public Partnerships ups stake in Wolverhampton schools project

  International Public Partnerships Limited has acquired an additional interest in the Wolverhampton Building Schools for the Future (“BSF”) project. INPP will commit a further GBP1.536 million to acquire Carillion Private Finance’s 8% indirect investment in each of phase I and phase II of the Wolverhampton BSF scheme, growing the  existing 82% investment in the project […]

• 03 May 2017 2 min read

  14th consecutive year of outperformance for BlackRock Smaller

  For fourteen consecutive years BlackRock Smaller Companies has outperformed its benchmark and increased its dividend. Over that period, the NAV has grown nearly ten-fold whereas the benchmark has almost quadrupled. The compound annual increase in dividends paid over the past five years has been 20% per annum. During the year to 28 February 2017, the NAV increased […]

• 30 Mar 2017 2 min read

  International Public Partnerships invested/committed £489m in 2016

  International Public Partnerships reports that, for the year ended 31 December 2016, it delivered overall NAV growth of 24.3% to GBP1.6 billion (partly on the back of a £200m fund raise during the year). NAV per share growth was 9.2% to 142.2 pence (2015: 130.2 pence). Its IFRS profits before tax rose by 119.4% to GBP175.3 million (2015: GBP79.9 […]

• 23 Mar 2017 1 min read

  International Public Partnerships intends to raise new capital

  International Public Partnerships (INPP) has announced that its current intention is to seek to raise additional capital following the publication of its annual results on 30 March 2017. It says that it expects to complete its investment in National Grid’s gas distribution network (announced on 8 December 2016) within the next few weeks and to […]

• 06 Feb 2017 1 min read

  14 investment trusts for income and growth in 2017

  Investors looking forward to a period of calm in 2017 might be disappointed, but David Prosser has the trusts experts are backing to navigate further storms.  Having just been through a year of unprecedented political upheaval that sent financial markets spinning, many investors will be assuming 2017 cannot possibly be so tumultuous. The reality, however, […]

• 08 Dec 2016 1 min read

  International Public Partnerships joins consortium acquiring a 61% of National Grid’s Gas Distribution Network

  International Public Partnerships Limited (INPP) has announced that it is part of the Quad Gas Group consortium that has agreed to acquire a 61% interest in National Grid’s gas distribution network (GDN). The Company says that it expects to invest up to £275 million, with the remaining risk capital funded by the other consortium partners […]

• 17 Oct 2016 1 min read

  10 YEARS OF PA: The birth of infrastructure funds, to property in turmoil

  The investment company sector has changed considerably over the past ten years, as back in October 2006 we were still enjoying the dying days of the credit boom. read more here

• 03 Oct 2016 2 min read

  INPP invests in US military housing

  International Public Partnerships Limited has announced a further investment in the US military housing sector.  This additional investment marks the continued growth of its investment portfolio in the United States. The Company has invested approximately US$32.0 million (GBP24.6 million) into further interest-bearing subordinated debt instruments.  The tranche of interests now being acquired are secured on the […]

• 05 Sep 2016 2 min read

  International Public Partnerships reports 6% NAV growth

  International Public Partnerships has published its interim accounts covering the six months ended 30 June 2016. It reported continued Net Asset Value growth over the half year of 6.3% to GBP1,371.4m (31 December 2015: GBP1,290.2m) with NAV per share over the same period increasing 6.1% to 138.2 pence (31 December 2015: 130.2 pence). In line […]

• 25 Aug 2016 1 min read

  International Public Partnership closes on 10 Building Schools for the Future interests

  International Public Partnership (INPP) has announced that it has reached financial close on ten Building Schools for the Future (BSF) interests from Balfour Beatty, investing £72.3m. INPP already held 10% interests in seven of the Balfour Beatty investments in question, and as a result of the transaction has increased its stake to 90% in each […]

• 04 Jul 2016 2 min read

  INPP buys stakes in ten schools projects

  International Public Partnerships Limited has announced that it has agreed to acquire ten Building Schools for the Future (“BSF”) investments from Balfour Beatty, marking a significant evolution in the Company’s allocation to education infrastructure. The transaction will transform INPP into a majority investor in BSF, the investment delivery vehicle designed to refurbish secondary schools across the […]

• 29 Jun 2016 2 min read

  INPP tops up Wolverhampton schools investment

  International Public Partnerships Limited has announced that it has acquired an additional interest in the Wolverhampton Building Schools for the Future (“BSF”) project. INPP will commit a further GBP7.2 million to acquire Carillion Private Finance’s 72% direct investment, growing the Company’s existing 10% investment in the Project to 82%. The opportunity to acquire the additional […]

• 28 Apr 2016 2 min read

  International Public Partnerships investing in Gold Coast Light Rail

  International Public Partnerships Limited has announced that the GoldLinQ consortium will make a further investment into a 7.3km extension to the Gold Coast Light Rail project in Queensland, Australia. The original A$1.29 billion project delivered by the Queensland Government and GoldLinQ saw the development of a 13km light rail system between Gold Coast University Hospital and Broadbeach. […]

• 27 Apr 2016 1 min read

  INPP commits another £5m to new schools programme

  International Public Partnerships Limited  has announced that the Amber Consortium, of which INPP is part, has reached financial close on the last of the five privately financed batches of schools being delivered through the Priority Schools Building Programme (PSBP). The project uses an innovative financing model based upon the establishment of a funding vehicle known […]

• 24 Mar 2016 2 min read

  International Public Partnerships reports record levels of investment

  International Public Partnerships has published results for the year ended 31 December 2015. The NAV increased by 2.5% to 130.2p. They have declared a full year 2015 fully covered cash dividends up c.2.5% at 6.45 pence per share and set a minimum target dividend for 2016 financial year of 6.65 pence per share and for 2017 of 6.82 […]

• 16 Nov 2015 1 min read

  International Public Partnerships raises £180m

  International Public Partnerships has announced that it has raised £180m through a placing, open offer and offer for subscription. The company says that the issue was very significantly over subscribed and a total of 137,142,857 shares will now be issued at a price of 131.25p per share. The new shares are expected to be admitted to […]

• 05 Oct 2015 1 min read

  INPP makes first US investment

  International Public Partnerships Limited has announced its first investment in the US.  The Company has invested approximately US$48m (£32m) into a series of fully yielding mezzanine debt instruments with a remaining average life of 37 years. The mezzanine debt is being acquired by the Company from the Federal Home Loan Mortgage Corporation (“Freddie Mac”) and […]

• 02 Sep 2015 1 min read

  INPP consortium wins Victorian schools project

  International Public Partnerships (INPP) says a consortium that it is a member of has won the right to design, build, finance and maintain 15 schools across 12 sites in Victoria, Australia. The Learning Communities Victoria Consortium is sponsored by Amber Infrastructure and other consortium members include:  Watpac Construction: Design-Builder; Spotless: Facilities Manager. Spotless also provides facilities management services […]

• 27 Aug 2015 1 min read

  INPP benefits from Angel Trains write up

  International Public Partnerships reported growth of its assets of 1.5% to £1.08bn with NAV per share increasing 1.3% to 128.6 pence (31 December 2014: 127.0 pence) for the first half of 2015. similar assets. The portfolio delivered a return of 6.1%, reflecting the move in market pricing of these assets, notably an uplift in the value of Angel […]

• 14 Jul 2015 2 min read

  INPP consortium wins Thames Tideway project

  International Public Partnerships Limited has announced that the Bazalgette Consortium comprising INPP, Allianz, Amber Infrastructure Group, Dalmore Capital Limited, DIF and Swiss Life Asset Managers has been appointed preferred bidder for the Thames Tideway Tunnel (“TTT”) licence. INPP will invest up to £210m in the project, with the residual risk capital being funded by the remaining […]

• 15 May 2015 1 min read

  INPP is investing in another OFTO project

  International Public Partnerships Limited, “INPP”, has announced that Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project. The latest scheme, comprising the transmission cable connection to Westermost Rough Offshore Wind Farm represents the sixth such project […]

• 20 Apr 2015 1 min read

  INPP tops up stake in Lewisham BSF

  International Public Partnerships is buying an extra 40% of the Lewisham Building Schools for the Future project for £14.3m. The Lewisham project comprises four BSF schools located in the South East London borough, including Sedgehill (pictured) and Conisborough Schools; Trinity School; Deptford Green School; and, Bonus Pastor, Pendergast and Drum Beat Schools. They are paying […]

• 26 Mar 2015 1 min read

  International Public Partnerships maps out dividend growth

  International Public Partnerships has mapped out its planed dividend increases for the next couple of years as it reports its final results for the year ended 31 December 2014. The full year dividend for 2014 was 6.3p, up from 6.15p in 2013. The Board says the minimum target for 2015 is 6.45p and for 2016 […]

• 20 Mar 2015 1 min read

  International Public Partnerships invests in second school project

  International Public Partnerships has followed up its investment in schools in the North East with a £10.2m investment in the Amber schools project which covers schools in Hertfordshire, Luton and Reading. The project will support the development of seven secondary schools on existing sites. Total capital expenditure on the schools in this batch is £144 […]

• 04 Nov 2014 1 min read

  International Public Partnerships makes biggest ever investment

  INPP : International Public Partnerships makes biggest ever investment International Public Partnerships has completed an investment into the Lincs offshore transmission project, committing £171m to it – the company’s largest single investment to date. The project links the 270MW Lincs windfarm to the National Grid via 100 kilometres of subsea cables and other related infrastructure […]

• 28 Aug 2014 1 min read

  International Public Partnerships Targeting a dividend of 6.45p for 2014

  INPP : International Public Partnerships Targeting a dividend of 6.45p for 2014 International Public Partnerships recent interims report underlying NAV growth of 1.8% during the six months to 30 June 2014, with a fully covered cash interim dividend declared at 3.15p per share (up c.2.5% year-on-year from 3.075p for the interim dividend for 2013). The target […]

• 01 Jul 2014 1 min read

  International Public Partnerships : INPP – acquisition

  International Public Partnerships has bought 72% of the second phase of Nottingham’s Building Schools for the Future portfolio. They already held 10% of this so this takes their stake to 82%. INPP is buying this form Carillion Private Finance for £2.75m. The project comprises the Farnborough School and Technology College and caters for over 1000 […]

• 27 Mar 2014 1 min read

  International Public Partnerships : INPP – final results

  International Public Partnerships net asset value increased from 121p to 123p over the course of 2013. Its dividend was increased to 6.15p per share (up 2.5%) and the Board has set targets of 6.3p for the current year and 6.45p for the next. At the end of December it had interests in 122 projects spread […]

• 03 Feb 2014 1 min read

  International Public Partnerships : INPP – schools deals

  INPP has made a number of deals to tidy up its portfolio of Building Schools for the Future investments – adding to its investment in Kent BSF at a cost of £7.2m (taking its interest to 58% with Kent County Council owning the balance) and selling its minority interests in Hul, Leeds, Newcastle, Rochdale, Sandwell […]

• 27 Jan 2014 1 min read

  International Public Partnership : INPP – new investment in Germany

  International Public partnership is buying all but 3% of a PPP project that is building a 55,000 sqm office for the Federal German Ministry of Education & Research in Berlin (estimated completion is July 2014). The cost to INPP is €11.9m.  

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• 28 Nov 2024 1 min read

  New inflation fears hamper infrastructure trusts’ recovery

  by Val Cipriani, Investors Chronicle, November 28, 2024: Infrastructure investment trusts have seen their discounts to net asset value (NAV) widen, as higher government bond yields in the US and in the UK once again delay a potential recovery. The Association of Investment Companies’ infrastructure sector’s average discount reached 18.6 per cent on 25 November, […]

• 07 Oct 2024 1 min read

  When will these high-income investment trusts recover?

  by Jennifer Hill from interactive investor, 7th October 2024: For income-seeking investors, the attraction of allocating to traditional infrastructure or renewable energy was clear: long-term, stable revenues that are often government-backed and inflation-linked. However, as interest rates rocketed and demand for alternative sources of income plummeted, these investment trust sectors seriously sold off, causing share prices to plunge […]

• 14 Feb 2024 1 min read

  Political infrastructure failings can be fixed

  By James Carthew, QuotedData, for Trustnet, 14 February 2024: The Labour Party’s decision to abandon its green spending plan has attracted criticism from all sides. Its stance is that it was a plan born in a time of lower borrowing rates that is not feasible now However, there is an awful lot of investment needed […]

• 19 Jan 2024 1 min read

  Infrastructure trusts in ‘uncharted territory’

  by Val Cipriani, Investors Chronicle, January 16, 2024: Infrastructure trusts are facing a “complex and time-consuming” process of handing back assets to the government, as a number of the projects they invest in approach their expiry date. Some trusts also have the added difficulty of replacing assets built through public private partnerships (PPP) and could […]

• 08 Jan 2024 1 min read

  Investment trust insider on the deal flurry at the end of 2023

  Investment trust insider on the deal flurry at the end of 2023 – James Carthew: Deals flurry shows trust recovery has just begun Merger talks and proposals to liberate capital for share buybacks and investments are clear signs investment companies are pulling away from last year’s bear market. The so-called ‘Santa rally’ over November and […]

• 13 Dec 2023 2 min read

  The infrastructure trust with narrowing discounts

  by Val Cipriani, Investors’ Chronicle, December 13, 2023: Infrastructure trusts have seen their average discounts to net asset value (NAV) narrow in the past month, as the decline of government bond yields brought some good news for the sector. But not all the trusts recovered to the same degree, overall discounts remain wide and the […]

• 13 Nov 2023 2 min read

  Why it’s a good time to invest in infrastructure

  David Brenchley, The Times, Saturday November 11 2023: Infrastructure is all around us. From hospitals, schools and roads to the wind and solar farms that are used to power our lives. This omnipresence and the long-term need to build more of these assets have made infrastructure investment trusts popular. These trusts pool investors’ cash to […]

• 25 Sep 2023 1 min read

  Bargain Hunter: these trusts are usually pricey, but are now cheap

  by Faith Glasgow from interactive investor, 25th September 2023: The investment trust sector has not had it easy over the 20 months or so, as rocketing inflation and ongoing interest rate hikes have depressed growth prospects and stifled investor demand for risk assets across the board. The downbeat economic outlook has left most investment trusts […]

• 07 Aug 2023 1 min read

  Infrastructure and renewables – big yields, big discounts

  Matthew Read, for Investment Week, 4 August 2023: The outlook for the UK equity market feels particularly depressed and it is not hard to see why. Even after June’s better-than-expected inflation figures, core UK inflation remains high, which suggests higher interest rates for longer. Commentators are expecting that the base rate, which at 5.25% is […]

• 12 Jun 2023 1 min read

  Bargain Hunter: sizing up ‘cheap’ investment trusts on 5%-plus yields

  by Kyle Caldwell from interactive investor, 8 June 2023: For investment trust fans now is one of the best opportunities over the past decade to try and pick up a bargain, as the chart below from stockbroker Numis shows. The average equity investment trust is trading on a discount a smidge over 10%, while those […]

• 05 Apr 2023 1 min read

  Infrastructure trusts ‘cheaper than they should be’

  By Val Cipriani, Investors Chronicle, April 4, 2023: Social and economic infrastructure trusts continue to trade below their net asset value (NAV) despite an encouraging set of financial results, as worries over interest rates and valuations spooked investors. In the month to 31 March, share prices in the Association of Investment Companies’ infrastructure group dropped […]

• 03 Apr 2023 1 min read

  Investment trust insider on infrastructure

  Investment trust insider on infrastructure – James Carthew: Why investors see PINT half full in infrastructure beats me We are fully into the results season for investment companies with 31 December year ends. Amongst these are the infrastructure funds BBGI Global Infrastructure (BBGI) and International Public Partnerships (INPP). I scoured both their statements last Thursday […]

• 12 Jul 2022 1 min read

  Why these defensive investments will continue to deliver

  Sam Benstead from interactive investor, 12th July 2022: Amid a sea of red this year, one sector is flashing green: infrastructure and renewables. Investors have had very few places to hide this year, as higher interest rates and inflation spark an exodus from the stock market. Year-to-date, US shares have fallen around 20% (S&P 500 […]

• 22 Jun 2022 1 min read

  Four investment trusts for a secure income amid rampant inflation and rising rates

  By Jonathan Jones, Editor, Trustnet 22 June 2022: Investors that need to find reliable income without the volatility may be best served thinking outside the box, according to experts. While traditional equity has struggled so far this year, and many open-ended income funds have held up better than expected, income trusts have struggled. The IT […]

• 28 Feb 2022 1 min read

  Investment trust insider on discount rates

  Investment trust insider on discount rates – James Carthew: Inflation fears weigh on some income trusts Recent market turmoil has affected the ratings of a number of funds. Within my portfolio, one of the more peculiar de-ratings is that of Hipgnosis Songs Fund (SONG), which now looks to trade on an 8% discount to net […]

• 16 Nov 2020 1 min read

  Engines of growth: Investment trusts for responsible investing

  Engines of growth: Investment trusts for responsible investing By Mary McDougall, Investors Chronicle, 12 November 2020 Appetite for investment products with strong environmental, social and governance (ESG) credentials has boomed this year as the pandemic has put the need for a sustainable world under the spotlight. Enthusiasm has been helped by sustainable funds broadly outperforming their conventional peers […]

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