Vietnam Holding Limited – Bringing you redemption
Vietnam Holding Limited Investment companies | Annual overview | 15 December 2023 Bringing you redemption Vietnam Holding (VNH) continues to provide both a peer group and benchmark beating performance (it is the top-performing Vietnamese fund in NAV terms over one, three and five years – see pages 18 to 20) and, aided by Vietnam’s long-term […]
QD view – a sector in turmoil
Another week, another bout of corporate activity. Subject to shareholder approval, abrdn China is to be absorbed by Fidelity China Special Situations, and Troy Income and Growth will merge with STS Global Income and Growth. In addition, abrdn European Logistics Income announced a strategic review, Downing Renewables and Infrastructure Trust said that it would consider […]
Vietnam Holding Limited – Building on firmer foundations
Vietnam Holding Limited Investment companies | Update | 20 June 2023 Building on firmer foundations Vietnam Holding (VNH) has put in a compelling performance in net asset value (NAV) total return terms versus competing funds investing in emerging Asia (see page 24), but this is not being reflected in its share price. Presently, its share […]
Vietnam Holding Limited – A real growth story that remains intact
Vietnam Holding Limited Investment companies | Annual overview | 15 December 2022 A real growth story that remains intact Despite having coped well with COVID and offering very strong growth prospects over the next five years (see page 6), the Vietnamese stock market has been weighed down by severe negative sentiment towards Asia in recent […]
QuotedData’s Investment Companies Annual Review – 2021
Investment Companies Annual Review 2021 Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Another one for the history books Just like the year before it, nobody is likely to forget 2021 in a hurry. The world remained consumed by the coronavirus pandemic and spread of new variants, but it was also the year we saw […]
QuotedData’s morning briefing 10 November 2021
In QuotedData’s morning briefing 10 November 2021: Syncona (SYNC) portfolio company Freeline Therapeutics Holdings has announced new data from its ongoing Phase I/II MARVEL-1 dose-finding clinical trial of FLT190 for the treatment of Fabry disease. According to the clincical-stage biotech company, a second patient dosed in Phase I/II trial for Fabry disease has generated encouraging […]
Over 70% of Aberdeen New Thai shares opted for cash
Over 70% of Aberdeen New Thai shares opted for cash – In advance of the planned combination of the assets of Aberdeen New Thai with abrdn China Investment Company. shareholders in Aberdeen New Thai have made the following elections (including deemed elections – eligible shareholders that made no election were deemed to have elected for […]
QuotedData’s morning briefing 28 October 2021
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 […]
QuotedData’s Investment Companies Quarterly Review – Third Quarter 2021
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments False hope? The global recovery continued over the third quarter of 2021 with many countries catching up on their respective vaccination programmes, such as Japan, and others rebuilding their economies after deadly outbreaks as seen in India. The pace of the rebound triggered […]
QuotedData’s weekly news show 06 August 2021
QuotedData’s weekly news show 06 August 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 and Richard Williams covered the week’s top stories: Fund combinations – Aberdeen Emerging/Aberdeen New Thai and Custodian REIT/Drum Income Plus REIT They were […]
QuotedData’s Investment Companies Roundup – August 2021
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Performance Inflation is still very much on investors’ minds at the moment, though views appear divided on whether it’s coming and what the impact might be. But even the bearish can’t help but feel a bit more optimistic after the misery of this […]
QD view China poses a puzzle
Only a month ago, I was enthusing about funds investing in unquoted Chinese stocks. I finished up though by saying “If I had to pick a reason why the boom in interest in Chinese stocks might lose momentum, it’s politics.” As I discuss below, that prediction came to pass just days later. However, one management […]
Aberdeen Emerging Markets and Aberdeen New Thai to combine and focus on China
Aberdeen Emerging Markets (AEMC) and Aberdeen New Thai (ANW) have announced a comprehensive set of proposals that, in the case of AEMC will see it change its investment policy from one of investing in emerging markets on a fund of funds basis to investing directly in the equities of Chinese companies, a merger between the […]
QuotedData’s morning briefing 30 July 2021
In QuotedData’s morning briefing 30 July 2021: Premier Miton Global Renewables (PMGR) has released its interim results for the six months ended 30 June 2021, during which it provided an NAV total return of 4.9% and a share price total return of 8.4%. Its total assets return was 4.2% and so the superior performance of the […]
QD view – is India back on track?
India has made major headlines since the start of the year as it has been hit by one of the deadliest waves of the coronavirus pandemic, with almost 410,000 deaths and 31m cases – and these are only reported instances. Experts believe the actual toll is much higher. It is also supposedly where the Delta […]
QuotedData’s Economic Roundup – July 2021
Economic and Political Monthly 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 […]
QuotedData’s weekly news show 25 June 2021
QuotedData’s weekly news show 25 June 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: Crystal Amber continuation vote Aberdeen Emerging update Literacy Capital starting trading Watch it again here This week’s interview was […]
Good performance for Aberdeen Emerging Markets but board frustrated by discount
Good performance for Aberdeen Emerging Markets but board frustrated by discount – Aberdeen Emerging Markets (AEMC) has announced its half year report for the six months to 30 April. During this time its share price return was 20% while its NAV return was 21.5%. This compares to a 15.2% return for its MSCI Emerging Markets benchmark. The […]
QuotedData’s morning briefing 24 June 2021
In QuotedData’s morning briefing 24 June 2021: The Apax Digital Fund, in which Apax Global Alpha (APAX) is a limited partner, has invested in Revolution Prep, a national provider of online academic tutoring and test preparation services. APAX is expected to invest approximately €3.6m in the company on a look through basis. The investment will be used […]
QuotedData’s morning briefing 4 June 2021
In QuotedData’s morning briefing 4 June 2021: Following its announcement last month on the implementation of a voluntary redemption facility, where shareholders may request the redemption of all or part of their holding of ordinary shares of 1p each for cash on the last business day in June each year, Jupiter Emerging & Frontier Income has […]
Jupiter Emerging & Frontier Income – Out in front
Out in front In both total net asset value (NAV) and share price return terms, Jupiter Emerging & Frontier Income (JEFI) has been the pacesetter within its peer group since the November 2020 vaccine announcements. Manager Ross Teverson and the team’s long-held view that stocks were priced more attractively outside of China has been paying […]
Major Tencent shareholder Prosus to buy up to 45.4% in parent Naspers
The boards of Amsterdam-based Prosus and Naspers have announced that Prosus intends to acquire up to 45.4% of shares in Naspers, its South Africa-based parent company. Prosus owns a 28.9% stake in Tencent, the Chinese software and gaming behemoth. Both Prosus and Naspers trade at a discounted value to their stake in Tencent, which according to market reports […]
QuotedData’s morning briefing 12 May 2021
In QuotedData’s morning briefing 12 May 2021 – Schroder Income Growth’s (SCF’s) reported interim results to 28 February 2021, with the NAV returning 16.1% (compared to 12.0% delivered by the FTSE all-share index.). SCF’s share price outperformed the NAV, with a total return of 19.6%. Law Debenture (LWDB) announced yesterday evening that further to the recent announcement regarding the issuance […]
QuotedData’s morning briefing 21 April 2021
In QuotedData’s morning briefing 21 April 2021: Riverstone Credit Opportunities (RCOI) participated in a $63.0m first lien delayed-draw term loan to a lithium-ion battery company [Imperium3 New York – or IM3NY] that will commercialise high performing lithium-ion batteries by developing a large-scale manufacturing facility in Endicott, NY. In addition to having a first lien on the manufacturing […]
QuotedData’s Investment Companies Quarterly Review – First Quarter 2021
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments £2.9bn of net new capital raised It felt as though the rotation from ‘growth’ to ‘value’ that began last November picked up momentum towards the end of the first quarter. UK equity and property assets had a strong start to the year. Some […]
QuotedData’s Investment Companies Roundup – April 2021
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Research published over March Aberdeen Emerging Markets Investment Company – Cautiously optimistic “Aberdeen Emerging Markets Investment Company’s (AEMC’s) managers, Andrew Lister and Bernard Moody, note investors’ new-found enthusiasm for emerging markets, now that they have been outperforming for a while. Their long experience […]
QD view – there’s more to emerging markets than China
We have just published a note on Aberdeen Emerging Markets Investment Company, following a meeting with its managers, and our guest on this week’s news show was Ross Teverson, manager of Jupiter Emerging & Frontier Income. This week’s QD view picks up on some of the themes that came out of our discussions. The first […]
Aberdeen Emerging Markets Investment Company – Cautiously optimistic
Cautiously optimistic Aberdeen Emerging Markets Investment Company’s (AEMC’s) managers, Andrew Lister and Bernard Moody, note investors’ new-found enthusiasm for emerging markets, now that they have been outperforming for a while. Their long experience of investing in the space tells them that now is a good time to be cautious. They have been taking profits on […]
QuotedData’s Investment Companies Roundup – March 2021
Investment Companies Monthly Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Research published over February Polar Capital Global Financials Trust – The tide has turned Having played a supporting role in the initial phase of the stock market recovery – breaking historical precedent in the process – the share prices of financial stocks, and […]
QuotedData’s Economic Roundup – March 2021
Economic and Political Monthly 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 […]
