At the beginning of this year, we once again challenged our analysts to come up with some ideas for investment companies that they liked, and thought could do well over the course of this year. Click here to read the original article which set out our analysts’ thinking and why they liked the stocks. We […]
Emerging market nations and companies are reshaping the global economy, and a convergence of powerful, long-term trends is accelerating this shift. Discover standout growth companies positioned to capitalise on this transformation and how you can benefit. Baillie Gifford’s Andrew Keiller explains. Capital at risk.
3i Infrastructure (3IN) has made a good start to its financial year with the shares recovering from the April squall caused by Donald Trump’s tariffs. For the first quarter to 30 June, 3IN said its portfolio companies were either performing in line with or above expectations and generated total income and non-income cash of £63m. […]
In QuotedData’s morning 4 July 2025: Nick Train now has almost a 4% stake in FGT, Empiric is giving Unite more time to finalise its bid. JEMA’s court cases in Russia have been postponed again. We also have: Did you see from yesterday?
The former Woodford Patient Capital Trust is winding down and returning £37m to its long-suffering shareholders in a ‘tender offer’ this month. Should they sell some, all or none of their shares? The situation is not straightforward as, despite its historic problems, the investment trust has backed some valuable companies under its current managers at […]
Gresham House Energy Storage has signed long-term floor-pricing agreements with Statkraft Markets and Markel Bermuda. Both counterparties are part of corporate groups with investment-grade status. These agreements supplement the existing two-year tolling agreements with Octopus Energy over 568MW of the trust’s capacity, and will significantly increase GRID’s long-term contracted revenues over the next ten years. […]
Seraphim Space has published its newsletter for June 2025. Portfolio update Voyager Technologies achieves milestone with NYSE IPO debut Voyager Technologies made a strong debut on the New York Stock Exchange, opening at $69.75 (more than double its $31 IPO price), before closing day one at $56.48, marking an 82.2% surge and a valuation of […]
The board of Murray Income has decided to launch a strategic review of the company. It says that it is looking at the “options available to the company in the pursuit of delivering improved performance and returns for its shareholders, whilst continuing to provide an attractive yield from a portfolio predominantly focused on UK equities”. […]
In QuotedData’s morning briefing 3 July 2025: JPMorgan Global Growth and Income dividend to rise. Crystal Amber’s Morphic Medical gets EU approval. We also have: Did you see from yesterday?
Monks Investment Trust has published results covering the 12 months ended 30 April 2025. The trust was doing reasonably well ahead of ‘Liberation Day’ in early April. However, it was caught up in the resulting sell off and finished the year with an NAV return of just 0.1%. The discount widened from 8.5% to 10.1%, […]
Baker Steel says Polar Acquisition (which it has a 49.99% stake in) is selling its net smelter royalty related to the Prognoz silver project. The sale is for $11m in cash. Baker Steel’s look through share of that is $5.16m, which should arrive in Q3. The value of the royalty in the end May NAV […]
Schroder BSC Social Impact is considering its future after becoming frustrated with an inability to expand. The trust was launched in 2020 but a wide discount has prevented it from issuing more shares. The board says all strategic options to enhance value for the company’s shareholders are being considered, which could include a managed wind […]
In QuotedData’s morning briefing 2 July 2025: Diverse Income issued a reminder about its upcoming redemption opportunity. NB Distressed Debt’s chairman only just survived re-election. That seems to have spurred the trust into accelerating the trust’s liquidation. BioPharma Credit gets a bonus as another loan is repaid early. TR Property is going to broadcast its […]
Maven Renovar VCT’s board says it has received a letter from Paul Jourdan, shareholder and former manager of the portfolio, and a group of other shareholders seeking to convene a general meeting of the company to consider ordinary resolutions to remove the current board and appoint four replacement directors, including Paul Jourdan, in their place. […]
Secures NAV uplift from sale of vLex and adds to portfolio of lifestyle brands sale of vLex Oakley Capital Investments says legaltech platform vLex has been sold to Clio. The effect of the deal is to add 25p to the trust’s NAV or about 4% on the 31 March 2025 NAV. The trust’s share of […]
The NAV total return for Augmentum Fintech over the 12 months ended 31 March 2025 was -3.5%. The discount widened from 40.0% to 47.4%, leaving shareholders with a return of -15.4%. The chairman feels that it was a frustrating year. He says “our portfolio continues to deliver impressive operating performance, we have made two exciting […]
Geiger Counter’s interim results, covering the six-month period that ended on 31 March 2025, were published late yesterday. The NAV fell by 37.5% to 33.71p but, as the discount closed, the share price fell by 24.5%. During the period, the trust repurchased 7,989,430 shares at a cost of £3.9m. Since the end of March, a […]
CQS Natural Resources Growth and Income has survived its 100% tender offer. 29,334,059 shares (45.72% of the shares in issue) were tendered. A slice of the trust’s portfolio equating to 45.72% of its assets has been transferred into a ‘tender pool’. These assets will be liquidated and the cash handed back to the tendering shareholders. […]
In QuotedData’s morning briefing 1 July 2025: Golden Prospect appears to have struck a deal with Saba. Schroder Income Growth has lost one of its managers, Vinacapital Vietnam’s manager has increased its stake in the company. Crystal Amber is launching a £2.5m buyback. JPMorgan Core Real Assets has published its annual results [but these relate […]
River Global has announced that it has entered into heads of terms to acquire Devon Equity Management, the boutique European equities manager currently running around £835m of assets. The deal, valued at up to £2.46m, will be paid entirely in River Global A Ordinary Shares, with 16.67m shares issued initially at 6p per share and […]
Pantheon Infrastructure (PINT) has published its third annual Sustainability Report, covering the year to December 2024. PINT, which provides shareholders with exposure to a global portfolio of resilient infrastructure co-investments, says it continues to build on its sustainability credentials, aiming to integrate best-practice ESG factors across its investment processes. The trust, which is listed on […]
In QuotedData’s morning briefing 30 June 2025, European Opportunities Trust’s manager – Devon Equity Management – has agreed terms to be acquired by River Global; Majedie’s investment manager, Marylebone Partners LLP, is in discussions to join Brown Advisory and we have interim results from both Schroder UK Mid Cap and Henderson European. We also have: […]
In a year already overloaded with geopolitical shocks and economic recalibrations, it would be easy to miss the quieter – but no less meaningful – developments taking place within the UK’s investment trust market. While headlines may have fixated on activist campaigns and takeover bids, a number of trusts have quietly outperformed or innovated in […]
AEW UK REIT (AEWU) has published its annual results for the year to 31 March 2025, marking its tenth anniversary with a strong set of figures that reflect the consistent execution of its value-driven, sector-agnostic strategy. The company delivered a NAV total return of 15.3% and a shareholder total return of 28.7%, significantly outperforming both […]
In QuotedData’s morning briefing 27 June 2025 We also have: Stories you may have missed from yesterday:
Patria Private Equity Trust (PPET) has published its half-yearly report for the six months to 31 March 2025, delivering a NAV total return of 2.6% and a share price total return of 5.9%. Despite a more subdued private equity market, PPET’s portfolio continued to perform well operationally, with strong earnings growth among underlying companies and […]
Chrysalis (CHRY) has reported an 8.0% uplift in NAV per share over the six months to 31 March 2025, to 152.62p, helped by portfolio revaluations and the ongoing share buyback programme. However, the share price edged 1.5% lower over the same period to 91.90p, leaving the trust trading at a 40% discount to NAV at […]
In QuotedData’s morning briefing 26 June 2025, shareholders in CQS Natural Resources Growth and Income have approved proposals allowing its tender to proceed, We also have: Stories you may have missed from yesterday:
Looking to stay ahead of the curve on Caledonia‘s performance, portfolio moves, and strategic outlook? Their results and reports section gives you direct access to detailed financial statements, performance summaries, and shareholder updates – all in one place. Whether you’re a seasoned investor, analyst, or simply tracking market trends, this is your go-to resource for […]
abrdn New India Investment Trust (ANII) has reported robust annual results for the year ended 31 March 2025, with the trust delivering an adjusted NAV total return of 11.7%, significantly outperforming its benchmark, the MSCI India Index, which returned just 0.7% over the same period. The share price rose by 16.0%, narrowing the discount from […]
