Overview
Odyssean Investment Trust PLC is a closed-ended investment company that seeks to deliver attractive returns to its clients by investing in great businesses and supporting them to become even better. To achieve this the company has appointed Odyssean Capital LLP to manage the portfolio.
Odyssean Capital will invest in a concentrated portfolio of well researched smaller companies, typically too small for inclusion in the FTSE 250. Constructive corporate engagement will be a key part of Odyssean’s approach, drawing on the investment team’s lengthy and successful track record in this area.
You can access the company’s website here
Fundamentals
Price
Research History
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17 Oct 2023 14 min read
QuotedData’s Investment Companies Quarterly Review – Third Quarter 2023
Third quarter of 2023 Investment Companies | Quarterly roundup | October 2023 Kindly sponsored by abrdn ‘Uncomfortable’ Following a fast start to the first half of the year, globally equities took a breather in Q3, as markets assessed the implications of the worst bond sell-off in a generation. Yields on 10-year US treasuries and UK […]
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09 Dec 2022 1 min read
Interview with Stuart Widdowson from Odyssean Investment Trust
In this week’s show, James Carthew spoke to Stuart Widdowson from Odyssean Investment Trust. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news, click here. If there is a guest speaker you’d particularly like to hear from, please email us on [email protected]. Additionally, if you would […]
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07 Dec 2022 64 min read
QuotedData’s Economic and Political Monthly Roundup December 2022
Economic and Political Monthly Roundup Investment companies | Monthly | December 2022 A collation of recent insights on markets and economies taken from the comments made by chairs 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 […]
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29 Jul 2022 1 min read
Interview with Stuart Widdowson from Odyssean Investment Trust
In this week’s show, James Carthew talked to Stuart Widdowson of Odyssean Investment Trust. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s news, click here. If there is a guest speaker you’d particularly like to hear from, please email us. Additionally, if you would prefer to watch […]
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26 Nov 2021 2 min read
QuotedData’s ESG Webinar – Governance Day Playback
On the 18th November QuotedData hosted the last of our three ESG focused webinars. This Governance webinar highligthed managers who actively engage with investee companies to ensure best practices are introduced and maintained and the shareholders are a key consideration in the management of businesses. We would like to thank all our speakers and our […]
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14 May 2021 1 min read
Interview with Stuart Widdowson of Odyssean Capital
In this week’s show, James Carthew talked to Stuart Widdowson of Odyssean Capital. Watch it again here – Part 1 Part 2 If you were looking for QuotedData’s roundup of the week’s news, this is now in the news section – just click here. If there is a guest speaker you’d particularly like to hear from, please […]
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07 Jul 2020 8 min read
QuotedData’s Economic Roundup – July 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 […]
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08 Jun 2020 7 min read
QuotedData’s Investment Companies Roundup – June 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research In this issue Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over May: GCP Infrastructure – […]
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07 Jun 2019 5 min read
QuotedData’s economic roundup – June 2019
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 or sell any of the […]
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19 Dec 2018 1 min read
QuotedData’s economic roundup – December 2018
QuotedData’s economic roundup – December 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 sell any […]
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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 […]
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11 May 2018 1 min read
QuotedData’s investment companies roundup – May 2018
QuotedData investment companies roundup – May 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 April 2018. Kindly sponsored by Baillie Gifford. India Capital Growth has experience a rebound in performance in the past month, as […]
News
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27 Jan 2025 1 min read
QuotedData’s morning briefing 27 January 2025 – OIT, CVCE/CVCG, PCTN
In QuotedData’s morning briefing 27 January 2025: Odyssean Investment Trust (OIT) says that, following a review of its operational arrangements, NSM Funds (UK) Limited has been appointed as its company secretary with immediate effect. Reflecting this, the trust’s registered office will change to 46-48 James Street, London W1U 1EZ. CVC Income & Growth (CVCE) has […]
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18 Jul 2024 1 min read
QuotedData’s morning briefing 18 July 2024 – OIT, ESO, SEQI, DSM, HICL
In QuotedData’s morning briefing 18 July 2024: Odyssean Investment Trust (OIT) raised £11.4m from its placing and retail offer (the latter made through Winterflood’s WRAP platform). 6,542,159 new shares will be issued at 174p each (NAV plus 1%), 361,041 of those were to the retail offer. [This isn’t too bad in the current environment, although, […]
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12 Jul 2024 1 min read
QuotedData’s weekly news show 12th July 2024
Thank you to everyone that listened in today on our YouTube channel. In this week’s show, James Carthew covered the week’s top stories: Chrysalis (0:22) Schroder British Opportunities (0:39) Molten Ventures (0:51) Edinburgh Worldwide (1:05) Odyssean (6:08) Sirius Real Estate (9:25) This week’s interview was with Kenneth MacKenzie from Target Fund Managers – watch it again here.
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1 min read
QuotedData’s morning briefing 12 July 2024 – OIT, SBO, SRE
In QuotedData’s morning briefing 12 July 2024: Odyssean Investment Trust (OIT) has announced a placing and retail offer of shares. The company has received interest from an investor wishing to acquire OIT shares and in light of this and the ongoing demand in the market, the board has decided to undertake a placing. Any shares […]
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12 Jun 2024 2 min read
Lack of takeover activity hurts Odyssean Investment Trust
Odyssean Investment Trust (OIT) announced its annual results for the year ended 31 March 2024. The company saw a NAV total return of -3.7%, trailing the benchmark return of 3%. Shares fell -5.2% with the discount widening to 0.7%. The manager noted that the company’s performance reflected markets and volatility driven by stock specific issues. […]
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24 May 2024 1 min read
QuotedData’s weekly news show 24th May 2024
Thank you to everyone that listened in today, whether you watched the Zoom live or on YouTube. In this week’s show, James Carthew and Richard Williams covered the week’s top stories: • Marble Point Loan Financing (0:21)• Odyssean (4:37)• abrdn European Logistics Income (6:24)• NewRiver REIT / Capital & Regional (9:43)• Great Portland Estates (13:47) […]
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22 May 2024 2 min read
Odyssean plans tender offer
Odyssean Investment Trust (OIT) was launched on 1 May 2018. At the time, the board said it would offer shareholders the opportunity to cash in their investment at NAV (less costs) during the trust’s seventh year and every seventh year thereafter. The exact timing of the realisation is up to the board (in consultation with […]
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31 May 2023 2 min read
Odyssean Investment Trust continues to execute
Odyssean Investment Trust (OIT) announced its annual results for the year ended 31 March 2023. NAV per share fell 2.2% while shares fell 1.2% over the 12 month period, comfortably outperforming the benchmark Numis Smaller Companies Index ex IC plus AIM Total Return Index which fell 13.4%. Shares in the company continue to trade at […]
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30 Sep 2022 4 min read
QD view – Managers question UK small cap weakness
The UK economy looks increasingly precarious. The recent ‘targeted fiscal event’ has sent the pound sliding, gilt yields rising and confidence to rock bottom. With recession looming, it has also proved a tough moment for UK smaller companies, which were already battling poor sentiment. Smaller companies managers are no strangers to volatility, but how are […]
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06 Jun 2022 2 min read
Odyssean outperforms during tough year while board highlights a ‘missed opportunity’ following failed merger talks
Odyssean outperforms during tough year while board highlights a ‘missed opportunity’ following failed merger talks – Odyssean Investment Trust (OIT) has posted its results for the year to 31 March 2022. During the period, the net assets of the Company increased by £35.2m to £157.8m and represented a strong increase in net asset value per […]
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10 Feb 2022 2 min read
QuotedData’s morning briefing 10 February 2022
In QuotedData’s morning briefing 10 February 2022: Odyssean’s (OIT) response to yesterday’s announcement by Strategic Equity Capital is that it “believes that the SEC Proposals represent a missed opportunity to create a leading and growing, premium investment trust of greater scale differentiated from the wider UK small cap sector.” There’s no indication that it intends […]
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09 Feb 2022 3 min read
Strategic Equity Capital shares corporate update as it declines Odyssean’s combination offer
Strategic Equity Capital shares corporate update as it declines Odyssean’s combination offer – Following Strategic Equity Capital’s (SEC) announcement on 23 December 2021 that it had received a proposal from the board of Odyssean Investment Trust (OIT) concerning a proposed combination of the two companies, the board has today confirmed it will not be proceeding […]
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23 Dec 2021 2 min read
Odyssean makes approach to Strategic Equity Capital
Odyssean makes approach to Strategic Equity Capital – Odyssean has this morning made the following announcement: “The board of Odyssean Investment Trust plc (“OIT”) announces that it has made a proposal to the Board of Strategic Equity Capital plc (“SEC”) regarding a combination of SEC and OIT to be effected by way of a section […]
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25 Nov 2021 4 min read
QuotedData’s morning briefing 25 November 2021
In QuotedData’s morning briefing on 25 November 2021: Seraphim Space (SSIT) has made a new $12.5m investment into Astroscale Holdings, the market leader in satellite servicing and long-term orbital sustainability across all orbits. Astroscale closed a $109m series F round which was led by THE FUND Limited Partnership in Japan and backed by a group […]
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01 Dec 2020 1 min read
QuotedData’s morning briefing 1 December 2020
In QuotedData’s morning briefing 1 December 2020: Polar Capital Global Financials says that George Barrow has been appointed as joint fund manager of the trust, alongside Nick Brind and John Yakas. George joined Polar Capital in September 2010 and has over 10 years’ experience analysing Europe, Asia and emerging markets. Prior to joining Polar Capital, he […]
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09 Jun 2020 2 min read
Odyssean navigates crisis well
Odyssean navigates crisis well – Odyssean Investment Trust held up relatively well when the market collapsed in February and March. Over the year ended 31 March 2020, the trust returned -5.7% in NAV terms against -23.2% for the Numis Smaller Companies Index ex Investment Companies plus AIM Index. The trust’s performance over the period was boosted […]
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02 Dec 2019 1 min read
QuotedData’s other news 2 December 2019
In QuotedData’s other news 2 December 2019 – JPMorgan Claverhouse (JCH) has announced that following a review, its management fee arrangements with JPMorgan Funds Limited will change. With effect from 1st January, 2020 the annual management fee, currently 0.60% p/a on net assets up to £500m and 0.50% on net assets over £50m , will be […]
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24 May 2019 1 min read
QuotedData’s other news 24 May 2019
Secure Property Development & Investment (SPDI) has provided an updates on the sale of its non-Greek assets to Arcona Property Fund N.V. Witan Investment Trust has announced that shareholders approved its proposed five-for-one share split at the company’s Annual General Meeting on 1 May 2019. The split will take effect from 28 May 2019. BMO […]
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9 min read
Odyssean Investment Trust publishes first annual report
Odyssean Investment Trust (OIT) has announced its first set of annual results. These cover the period between 21 December 2017 (OIT’s date of Incorporation) to 31 March 2019. The reults include the following key highlights: Successful launch and IPO in May 2018, raising gross proceeds of £87.5m from a high-quality list of shareholders. Portfolio Manager […]
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30 Nov 2018 2 min read
Odyssean beats Index since IPO
Odyssean beats Index since IPO- Odyssean Investment Trust plc (OIT) has had a good year so far since its IPO on 1 May 2018. The trust raised £87.46 million at its IPO and it has beaten the benchmark since IPO. The benchmark, which is the Numis Smaller Companies ex-Investment Trust plus AIM, has had a […]
Upcoming Events
Videos
In The Press
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14 Apr 2025 1 min read
Investment trust insider on Odyssean
Investment trust insider on Odyssean – James Carthew: Falling Odyssean and maximum despair on UK small caps UK smaller companies investment trusts have been some of the worst performers in the sector over six months, led by the popular Odyssean. Trump’s on-again, off-again tariff policy has caused chaos in markets. However, it is surprising that […]
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10 Mar 2025 1 min read
Investment trust insider on Achilles and North Atlantic Smaller
Investment trust insider on Achilles and North Atlantic Smaller – James Carthew: Activist Achilles and the wide discounts on Chris Mills’ other trusts Our columnist responds to questions about how recently-launched Achilles can attack other trusts for being on discounts when North Atlantic Smaller Companies, run by one of the same managers, trades one-third below […]
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08 Mar 2024 1 min read
The most expensive trusts relative to their history
By Matteo Anelli, Senior reporter, Trustnet, 07 March 2024: Premiums are rare in the investment trusts industry, which suffers from chronic discounts, but there are still some trusts that have caught investors’ eyes and garnered traction over the past five years, according to data from QuotedData. Earlier this morning, we looked at the trusts that […]
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11 Jan 2024 1 min read
Investment trust bargains: how to find them and where to look in 2024
by Kyle Caldwell from interactive investor, 11th January 2024: There are various ways to improve the odds of investment success, including having a diversified portfolio, investing over the long term, and rebalancing a couple of times a year. Another one is to keep a close eye on valuations and seek out undervalued areas of the […]
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19 Jul 2023 1 min read
The investment trusts trading on a premium that are still worth buying
By Jean-Baptiste Andrieux, Reporter, Trustnet, 19 July 2023: Despite the majority of investment trusts looking cheap, some expensive options are still worth buying, according to experts. Data from Numis Securities shows only 22 close-ended funds are trading on a premium or 6.5% of the Association of Investment Companies (AIC)’s universe. This is less than half […]
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22 Jun 2023 2 min read
Home Truths
James Carthew for Portfolio Adviser, 21 June 2023: For many years, there was a tendency among UK-based investment managers and financial advisers to overweight domestic stocks within client portfolios. As a result, we saw a proliferation of investment companies with a narrow focus on UK-listed businesses. Today, 54 investment companies have a listed UK equity […]
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09 May 2023 1 min read
Investment trust boards: what do they do, and do they add value?
by Faith Glasgow from interactive investor, 9 May 2023: The recent widely publicised spat between members of Scottish Mortgage’s board of directors has once again focused attention on investment trust boards as a unique aspect of the closed-ended fund structure… Investment trusts are required to have independently elected boards of directors because they are structured […]
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16 Jan 2023 1 min read
Investment trust insider on running last year’s winners
James Carthew: Some 2022 winners are worth holding onto this year I’m uneasy about the resilience of the recent stock market rally. Despite this, I think a few of last year’s big gainers could do well again in 2023. Against a difficult backdrop, only about a third of investment companies generated a positive share price […]
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22 Feb 2022 1 min read
Did investment trusts deliver enough consolidation in 2021?
Over £700m in deals produced a record year, but some say more mergers need to take place Jessica Tasman-Jones, Portfolio Adviser, 15 Feb 22: Investment trust boards have been accused of inertia when it comes to consolidation even after 2021 produced a record five deals worth £708m. This month, shareholders in beleaguered UK Mortgages discovered the […]
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23 Dec 2021 1 min read
GHAM and Harwood Capital battle spreads
By Jessica Tasman-Jones, Portfolio Adviser, 23 Dec 21 Strategic Equity Capital shareholders seek to drop Ken Wotton a year after his appointment and join forces with Odyssean The terse battle between Gresham House Asset Management and Harwood Capital over Gresham House Strategic appears to have spilled over into a new investment trust with shareholders in […]
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25 Feb 2020 1 min read
What does the future hold for investment trust activism?
Lauren Mason for Investment Week What does the future hold for investment trust activism? – QuotedData’s James Carthew shares his views An active year for trust boards According to NAVF’s website, the management team will pursue “multiple activist strategies” including communication with management teams and boards, putting company representatives on the board of investee companies, […]
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20 Dec 2018 1 min read
2018 new issue review
2018 new issue review – QuotedData’s James Carthew talks to Citywire’s Jen Hill about 2018’s clutch of new issues Investors were given an eclectic mix of opportunities within alternatives, in contrast to recent years when high-yielding propositions drove the vast majority of launches. The return of private equity and private equity like strategies – Augmentum […]
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27 Nov 2018 1 min read
Investment trust insider on Gresham Strategic and Aurora
Investment trust insider on Gresham Strategic and Aurora – James Carthew: private-equity, small-cap pickers good value Could value-style approaches do well in the current market environment? The universe of UK smaller company investment trusts using private equity techniques to evaluate listed companies once consisted solely of Strategic Equity Capital (SEC). It has proliferated however, and now […]
