Alinda Capital Infrastructure has published its prospectus You can access the prospectus here Application forms are towards the back of the document. Access to the IPO is restricted by geography. In particular, you should not be accessing this from the USA. Please ensure that you read the prospectus including the risk warnings before making an […]
African real estate investor Grit Real Estate announced full year results to the end of June 2021, with a 12.6% drop in net asset value (NAV). EPRA net reinstatement value (NRV – the group’s EPRA equivalent for NAV) per share contracted to $1.024 (2020: $1.171). The reduction was principally as a result of a decrease […]
Asia Dragon outperforms during volatile year for Asian markets – Asia Dragon (DGN) has posted its annual results for the year to 31 August 2021. During the period, its NAV rose by 20.5%, well ahead of its benchmark, the MSCI Asia ex Japan Index, which increased by 14.7% on a comparable basis. The share price […]
Henderson Far East Income celebrates 15 years of annual increasing dividends despite China hit – Henderson Far East Income (HFEL) has posted its annual report for the year to 31 August 2021. It was a tough 12 months for the trust which saw its NAV rise by 7.2%, behind the FTSE All-World Asia Pacific ex […]
Foresight Sustainable Forestry prospectus has been published. You can access this here Application forms are towards the back of the document. Access to the IPO is restricted by geography. In particular, you should not be accessing this from the USA. Please ensure that you read the prospectus including the risk warnings before making an investment. FSFC : […]
In QuotedData’s morning briefing 29 October 2021: EP Global Opportunities (EPG) has announced further details of its tender offer, first announced earlier this week. The board has proposed that the tender will be for up to 20% of the shares of the company and will be at a discount of 2% to net asset value […]
CQS Natural Resources Growth & Income shoots the lights out in turnaround year – CQS Natural Resources Growth & Income (CYN) has posted its full results for the year to 30 June 2021. During the period under review, its NAV increased by 83.1% while its share price was up by 109.6%. This compares with its […]
In QuotedData’s morning briefing 28 October 2021: Standard Life UK Smaller Companies (SLS) has changed its name to abrdn UK Smaller Companies Growth. Its ticker has changed to AUSC. Aberdeen Emerging Markets (AEMC) has changed its name to abrdn China. Its ticker has changed to ACIC. HarbourVest Global Private Equity (HVPE) has posted its results […]
In QuotedData’s morning briefing 27 October 2021: Henderson International Income (HINT) has published its annual results for the year to 31 August 2021. During the period, its NAV rose by 22.7% (debt at par) and by 23.5% (debt at fair value) while the total return on the ordinary share price was 18.5%. This figure includes […]
JPMorgan Global Emerging Markets Income Trust (JEMI) has published results covering the 12 months ended 31 July 2021. The benchmark, the MSCI Emerging Markets Index rose 13.9% over the period. However, the company’s total return on net assets was 24.6%, outperforming the benchmark by a considerable margin. The total return to shareholders was 27.8%, reflecting […]
SDCL updates on investment activity – SDCL Energy Efficiency Income Trust (SEIT) has updated investors on its recent investment and financing activity. The LYCRA Company SEIT has made an investment commitment of c.£3m to implement, finance and own the replacement of an energy efficient chiller system at The LYCRA Company’s Singapore facility. Construction has commenced […]
Strong returns from VinaCapital Vietnam Opportunity – VinaCapital Vietnam Opportunity Fund produced an NAV return of 65.6% and a 63.1% increase in its share price over the year ended 30 June 2021. The strong returns meant that there was a performance fee of $16.6m accrued at the end of the year. The dividend for the year […]
In QuotedData’s morning briefing 26 October 2021: Schroder BSC Social Impact (SBSI)’s first results, covering the period from launch to 30 June 2021, show an NAV return of 6.09%. There’s a first dividend of 0.57p per share. All of the IPO proceeds have been committed and, at 30 June, two-thirds had been deployed into 23 […]
Urban Logistics REIT has announced plans to move to the premium segment of the main market of the London Stock Exchange. The directors said they believed that the market capitalisation of the company (£550m) now justifies the move and that it would provide the most appropriate market listing for the continuing growth of the company. […]
A new closed-ended investment company established to invest in a diversified portfolio of onsite renewable energy assets, Atrato Onsite Energy (which plans to trade under the ticker ROOF), has announced its intention to launch an initial public offering, targeting gross issue proceeds of £150m. This will be through the issuance of new ordinary shares by […]
EP Global Opportunities to become a self-managed trust – Following the review of its strategic direction as announced in its half-year report in June, EP Global Opportunities (EPG) has announced plans to change its management arrangements by becoming a self-managed investment trust. As a result, the board will assume overall control over the investment policy […]
In QuotedData’s morning briefing 25 October 2021: Schroder Asia Pacific (SDP) has appointed Julia Goh as an independent non-executive director, with effect from 25 October 2021. She will also be a member of the audit and risk, nomination and management engagement committees. Her 27 years of broad-based financial services experience includes being a managing director […]
The remarkable response to the COVID-19 pandemic by the UK life sciences sector, with the development of the Oxford-AstraZeneca vaccine in record quick time, brought the sector into the consciousness of the masses. In truth, UK life sciences has been a budding sector for years, with four of the top 10 universities in the world […]
QuotedData’s weekly news show 22 October 2021 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: • Scottish Investment Trust • Fidelity Emerging • Life Science REIT • Bits and pieces This week’s interview […]
I have long thought that one of the great strengths of the investment companies sector is the boards of independent directors working on investors’ behalf to keep managers and other service providers in check, keep a lid on overheads and ensuring that shareholders are treated fairly. While not every investment company is a shining example […]
Tritax EuroBox has acquired a logistics asset in the Rhine-Ruhr region of Germany for €32m, as it sets about deploying the proceeds of its recent equity raise. The asset, located in Gelsenkirchen, has a total gross internal area of 16,632 sqm and comprises three purpose-built logistics facilities located in the heart of the prime logistics […]
Third Point Investors (TPOU) has published a response to a letter that it received from Asset Value Investors (AVI) on 30 September 2021, in which AVI was pushing for an EGM in which it wanted to put forward proposals in relation to discount control. To summarise, AVI’s request for an EGM has been declined. Rather […]
Ecofin US Renewables Infrastructure (RNEW) has announced that it has contractual commitment to acquire Whirlwind, a 60 MW operating wind asset, for US$49m. The purchase price will be funded by a combination of the remaining net proceeds from the IPO and from the newly established Revolving Credit Facility. The acquisition of Whirlwind is expected to […]
Nippon Active Value Fund (NAVF) is proposing to raise further capital “to pursue its proven model of activist investment in quoted Japanese companies” and has published proposals for a share issuance programme for up to 300 million Ordinary Shares or C Shares over the next 12 months. This programme will include an initial issue which […]
In QuotedData’s morning briefing 22 October 2021: Third Point Investors (TPOU) has published a circular in relation to an EGM at which shareholder approval will be sought for the exchange facility that shareholders are to be offered in 2022, details of which were previously announced on 1 September 2021 (click here to read out story […]
Life Sciences REIT has published its prospectus You can access this here Application forms are towards the back of the document. Access to the IPO is restricted by geography. In particular, you should not be accessing this from the USA. Please ensure that you read the prospectus including the risk warnings before making an investment.
Harmony Energy Income Trust has published its prospectus You can access this here Application forms are towards the back of the document. Access to the IPO is restricted by geography. In particular, you should not be accessing this from the USA. Please ensure that you read the prospectus including the risk warnings before making an […]
Asia Dragon plans conditional tender offers – Asia Dragon Trust says that, provided its shareholders vote to continue the company at the upcoming AGM in December 2021, it intends to introduce five-yearly performance-related conditional tender offers in addition to its regular continuation votes. If, on an NAV total return basis, the company beats its benchmark […]
Impact Healthcare REIT has sold a care home for £1.68m and bought a purpose-built, high-quality care home in the South-west of England for £5.75m. Heeley Bank is a 67-bed care home in Sheffield, acquired as part of a portfolio of four homes leased to MMCG in March 2020. The home was not a long-term strategic […]
Scottish Oriental Smaller Companies reports an NAV return of 28.4% for the year ended 31 August 2021, well-behind the 37.8% return on the MSCI All Countries Asia ex Japan Small Cap Index. The return to shareholders was 28.9%. The dividend is maintained at 11.5p, some of this is being paid out of revenue reserves. [I […]
