Account
Sign Up Login Investor Type
Menu

Investment Companies News

Investment companies are companies set up to make investments on behalf of their shareholders (also called closed-end funds and, in specific circumstances, investment trusts).

08 Dec 2022

Russia’s war scars Barings Emerging EMEA returns

Barings Emerging EMEA Opportunities saw a -29.9% NAV total return for the 12 months ended 30 September 2022. Its performance benchmark return was -20.1%. The dividend was reduced by 9p to 17p. The company’s investments in Russia, now valued at zero, were responsible for the vast majority of the absolute decline in net asset value […]

Geographies
  • Africa
  • Emerging Europe and Russia
  • Middle East
Sectors
08 Dec 2022
221208 heft tom o hara john bennett

Henderson European Focus bounces back post year end

Henderson European Focus more or less matched the fall in its World Europe ex UK index benchmark over the 12 months ended 30 September 2022, returning -13.1% to the index’s -12.8%. However, a widening discount left investors with a share price return of -18.3%. Fortunately, the closing share price at 6 December 2022 was 149p, […]

Sectors
08 Dec 2022
Hipgnosis Songs Fund: SONG

QuotedData’s morning briefing 8 December 2022

In QuotedData’s morning briefing 8 December 2022: Hipgnosis Songs (SONG) has published its interim accounts. Net cash generated from operating activities rose by 6.9% to $45.5m, but the interest paid rose to $15.0m from $10.7m and the fund incurred additional borrowing costs of $6.2m as it fixed the cost of its debt. A weaker US […]

Companies
07 Dec 2022

Home REIT facing litigation claim from shareholders

Home REIT has come under more fire today, as law firm Harcus Parker launches a litigation claim alleging that shareholders were misled by information they were provided by the company and its associates. The collective action is seeking compensation for retail investors “in relation to significant losses on their investments”. Harcus Parker claims that while […]

Sectors
07 Dec 2022
221207 SDP Mixed bag

A mixed bag of performance from Schroder AsiaPacific

Schroder AsiaPacific (SDP) has announced its annual results for the year ended 30 September 2022. During the period, SDP provided an NAV total return of -13.6%, marginally outperforming its benchmark, the MSCI All Country Asia ex Japan Index, which provided a total return of -13.9%, while the share price total return was -14.5%. SDP’s chairman, […]

Sectors
07 Dec 2022
a coffee pot and a mug, good morning from QuotedData

QuotedData’s morning briefing 7 December 2022

In QuotedData’s morning briefing 7 December 2022: Jupiter Green (JGC) has published its interim results for the six months ended 30 September 2022. During the period, JGC provided an NAV total return of -9.5%, which compares with a total return of -7.5% for JGC’s company’s benchmark index, the MSCI World Small Cap Total Return Index. […]

Sectors
06 Dec 2022
home reit logo over a picture of a residential street

Home REIT’s board faces call to step down

The board of directors of Home REIT is facing a call to step down by activist investor Boatman Capital Research after it accused the company of being “over-optimistic in its assumptions” on the value of its portfolio. In an open letter to Home REIT senior independent director Simon Moore, Boatman Capital Research claims that the social […]

Sectors
06 Dec 2022

Schroder European REIT returns 7.3% driven by exceptional Paris deal

Schroder European REIT posted a NAV total return of 7.3% in the year to 30 September 2022, as shareholders reaped the rewards of exceptional asset management profits achieved from the repositioning of its office in Paris Boulogne-Billancourt. NAV was 140.8 cents per share (down from 149.2 cents) reflecting the payment of the special dividend (totalling […]

Sectors
06 Dec 2022
221206 scp

Schroder UK Mid Cap says low valuations hint at brigher future

Schroder UK Mid Cap’s results for the 12 months ended 30 September 2022 reflect the headwinds facing the UK over that period. The NAV total return for the year was -30.0% compared to -26.8% from the benchmark (the FTSE 250 ex Investment Trusts Index). The share price total return over the same period was -32.5%. […]

06 Dec 2022

Tritax EuroBox in strong position to navigate uncertain market outlook

Tritax EuroBox has posted a NAV total return of 5.9% for the year to 30 September 2022. The company, which invests in European logistics properties, saw its EPRA net tangible assest (NTA) increase 2.2% to €1.38, due to a 5.6% like-for-like uplift in the value of its portfolio, which is now worth €1,765.6m following acquisitions. […]

Sectors
06 Dec 2022
inside a forest of moss covered trees

QuotedData’s morning briefing 6 December 2022

In QuotedData’s morning briefing 6 December 2022: Foresight Sustainable Forestry (FSF) has become the first company to officially receive the London Stock Exchange’s Voluntary Carbon Market designation which applies to funds or companies investing into climate change mitigation projects that are expected to yield voluntary carbon credits. Carbon credits mature over time, turning from Pending […]

05 Dec 2022
India Capital Growth - Compounding machine

Adani underweight constrains Aberdeen New India

Aberdeen New India Investment Trust (ANII) has released its half year results for the six-month period ending 30 September 2022. Over the reported six month, ANII reported a NAV total return of 5.9%, and share price total return of 2.8%. This compared to the 8.9% return of its benchmark, the MSCI India Index. The main […]

Sectors
05 Dec 2022
221205 MVAT

Momentum Multi-Asset Value Trust half year report

Momentum Multi Asset Value Trust (MAVT) has released its half year report for the six-month period ending 31 October 2022. Over this period MAVT returned a NAV total return of -16.7% and share price toral return -16.3%, compared to the +8.8% of its benchmark, which is UK CPI plus 6% over annum. The board measures […]

Sectors
05 Dec 2022

CT UK High Income half year report

CT UK High Income Trust (CHI) has recently released its half year report, for the six-month period ending 30 September 2022. We remind readers that CHI operates with two share classes, ordinary and B. Over the period CHI generated a NAV total return of -11.8%, compared to the -8.3% return of its benchmark, the FTSE […]

Companies
05 Dec 2022

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 […]

02 Dec 2022

QuotedData’s weekly news show 2nd December 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, James Carthew covered the week’s top stories: • Chrysalis update/capital markets day • Syncona Andrew McHattie provided his monthly roundup of investment companies performance. Discussing the winners and the losers over the […]

Sectors
02 Dec 2022
221202 QD View - Europe recession

QD view – Investing in Europe at a time of recession

Recession now appears inevitable across much of Europe – and may already have started. A grim winter of potential fuel shortages and economic disruption looms. However, the impact for stock markets is not clear-cut. With a range of styles in the European sector, could one prevail over another in the tough year ahead? There has […]

Sectors
Companies
02 Dec 2022
close up of some solar panels

US Solar updates on investment manager personnel changes

US Solar (USF) has provided an update on personnel changes at its investment manager. This follows the board’s announcement, on 17 October 2022, that it would undertake a strategic review (USF’s board says that this is well advanced and it expects to deliver the outcome in Q1 2023). USF’s board says that it has been […]

Sectors
02 Dec 2022
a coffee cup next to an alarm clock

QuotedData’s morning briefing 2 December 2022

In QuotedData’s morning briefing 2 December 2022: Cordiant Digital Infrastructure (CORD) has announced that Steven Marshall, co-head and chairman of the company, has purchased 709,000 CORD ordinary shares at 89.47p per share. Following this purchase, Mr Marshall owns a total of 4,000,000 ordinary shares and the number of ordinary shares held by the Investment Manager […]

01 Dec 2022
221201 aewu

AEW UK REIT acquires two retail assets for £18.3m

AEW UK REIT has acquired two properties for a combined £18.3m. It has unconditionally exchanged on the purchase of a 67,020 sq ft mixed-use block located in Bath city centre at a price of £13m, reflecting a net initial yield of 8.5%. It expects to complete the deal next week. In a separate transaction, the company […]

Sectors
01 Dec 2022
221201 aei

Dividend hike means abrdn Equity Income tops yield chart

Over the 12 months to 30 September 2022, abrdn equity Income says its NAV total return was -7.6% and the share price total return was -7.8%. By contrast, the All-Share Index delivered a total return of -4.0%. The dividend has been increased from 21.1p to 22.7p and this was more than covered by earnings of […]

01 Dec 2022
221201 rcoi hoover cs

Riverstone Credit transition to green/sustainable loans complete

Riverstone Credit Opportunities Income has been repaid the loan that it made to Hoover CS and has reinvested the proceeds and more into a new sustainability-linked first lien term loan for Hoover CS. Riverstone Credit is now nearly fully invested, with the portfolio almost exclusively green loans and sustainability-linked loans. Hoover CS is a leading […]

Sectors
01 Dec 2022
someone reading a newspaper with a piece of toast and a mug of coffee next to them

QuotedData’s morning briefing 1 December 2022

In QuotedData’s morning briefing 1 December 2022: Bluefield Solar (BSIF) says that John Rennocks has stepped down as the chair of the Company and will remain an independent, non-executive director until his retirement from the board in Q1 2023. John Scott has been appointed as the new chair and Michael Gibbons CBE becomes its new […]

Companies
30 Nov 2022
home reit logo over a picture of a residential street

Home REIT rebuffs short seller

Home REIT has responded to short seller allegations last week that saw its share price fall more than 20%. The company said it was “completely confident in the integrity of the business it is operating, its financial soundness and the beneficial impact the Company is having in reducing homelessness in the UK”. Allegation 1 In […]

Sectors
30 Nov 2022
221130 CHRY

Chrysalis updates on revised performance fee arrangements

Chrysalis Investments (CHRY) has provided an update to its performance fee arrangements, which are the result of discussions between the board and Jupiter. The aim of the discussions has been to revise the current performance fee arrangements in order to ensure long term alignment between the management team and Chrysalis shareholder interests. CHRY’s board says […]

Sectors
30 Nov 2022

Gearing and stock selection drives significant underperformance for Keystone Positive Change

Keystone Positive Change (KPC) has announced its annual results for the year to 30 September 2022. During the period, KPC provided NAV and share price total returns of -35.2% and -43.3% respectively, massively underperforming its comparative index, the MSCI All Country World Index, which provided a total return of -3.7%. The poorer share price total […]

30 Nov 2022
a coffee pot and a mug, good morning from QuotedData

QuotedData’s morning briefing 30 November 2022

In QuotedData’s morning briefing 30 November 2022: NextEnergy Solar (NESF) has announced that, as part of its succession planning, Helen Mahy CBE has been appointed as a non-executive director of the company with effect from 1 April 2023.  Helen will succeed Kevin Lyon as Chairman of NESF from the next AGM in August 2023. Kevin has […]

Sectors
29 Nov 2022
BGUK 2 Dec

Scottish Mortgage: Perspectives on Progress

Scottish Mortgage: Perspectives on Progress From exciting company developments and portfolio activity to challenging regulatory requirements and industry headlines, the Scottish Mortgage team discuss their view on the landscape we see around us. Read about their latest thoughts on holdings such as Roblox, Netflix and Joby Aviation. Capital at risk. Read Full Article

29 Nov 2022
BGUK 2 Dec

Scottish Mortgage: Perspectives on Progress

Scottish Mortgage: Perspectives on Progress From exciting company developments and portfolio activity to challenging regulatory requirements and industry headlines, the Scottish Mortgage team discuss their view on the landscape we see around us. Read about their latest thoughts on holdings such as Roblox, Netflix and Joby Aviation. Capital at risk. Read Full Article

29 Nov 2022
221129 roof

Deployment delays hit Atrato Onsite Energy

Atrato Onsite Energy reports a fall in its NAV from 97.4p to 92.8p over the period from its IPO on 23 November 2021 to 30 September 2022. Of the £150m that it raised, just £49.1m had been deployed by the period end. The board now says that the IPO proceeds may not be fully deployed […]

More News

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…