Taking advantage of a favourable landscape Markets have experienced a seismic shift in recent months. As we explore in this note, inflation forecasts have changed and with them interest rate expectations. As we discuss on page 6, a Republican clean sweep in the US elections offers the prospect of a favourable landscape for financials, particularly […]
Taking advantage of a favourable landscape Various events appear to have combined to drive a meaningful shift in markets. As we explore in this note, inflation forecasts have changed and with them interest rate expectations. A Republican clean sweep in the US elections seems to offer the prospect of a favourable landscape for financials. There […]
Taking advantage of a favourable landscape Markets have experienced a seismic shift. As we explore in this note, inflation forecasts have changed and with them interest rate expectations. A Republican clean sweep in the US elections offers the prospect of a favourable landscape for financials. This has been reflected in the dramatic improvement in the […]
Winners and losers in November 2024 Best performing funds in price terms (%) Alpha Real Trust 9.5 Globalworth Real Estate 8.5 Residential Secure Income 5.3 IWG 4.5 Custodian Property Income REIT 3.2 Grainger 3.1 Value & Indexed Property Income Trust 1.9 Hammerson 1.8 Workspace Group 1.8 Supermarket Income REIT 1.3 Source: Bloomberg, Marten & Co […]
For the US, the defining event of November was Donald Trump’s win in the presidential election, indicated by record highs for major US indices such as the Dow Jones and S&P500. The largely positive market response is thought to be driven by expectations of corporate tax cuts and waves of deregulation. US government bond yields […]
December Monthly | Investment companies Kindly sponsored by abrdn Winners and losers in November 2024 The main driver of returns in November came early in the month with Donald Trump’s win in the US presidential elections. US equity markets jumped on the news – several major indices tracking North American stocks, including smaller companies, posted […]
Cordiant Capital to purchase investment adviser HydrogenOne Capital Growth (HGEN) announced that its investment adviser HydrogenOne Capital has entered into a conditional agreement to sell its business and assets to Cordiant Capital (Cordiant) the specialist global infrastructure and real assets manager. The transaction is expected to be completed in early 2025. Cordiant, a partner-owned and […]
Cordiant Capital to purchase investment adviser HydrogenOne Capital Growth (HGEN) announced that its investment adviser HydrogenOne Capital has entered into a conditional agreement to sell its business and assets to Cordiant Capital (Cordiant) the specialist global infrastructure and real assets manager. The transaction is expected to be completed in early 2025. Cordiant, a partner-owned and […]
Addressing the discount On 26 November, Caledonia Investments (CLDN) released interim results covering the six-month period ended 30 September 2024. We provide some analysis of these in this note. There was a welcome narrowing of the discount over the period. However, the market turmoil that accompanied the UK budget and the US election has since […]
Addressing the discount On 26 November, Caledonia Investments (CLDN) released interim results covering the six-month period ended 30 September 2024. We provide some analysis of these in this note. There was a notable narrowing of the discount over the period. However, the market turmoil that accompanied the UK budget and the US election has since […]
Addressing the discount On 26 November, Caledonia Investments (CLDN) released interim results covering the six-month period ended 30 September 2024. We provide some analysis of these in this note. There was a welcome narrowing of the share price discount to net asset value (NAV) over the period. However, the market turmoil that accompanied the UK […]
In this week’s show, James Carthew spoke to David Smith from Henderson High Income. 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 Aiman. Additionally, if you would prefer to watch […]
Building on solid foundations AVI Global (AGT) continues to demonstrate the value of a clear strategy and a high-conviction approach, generating annualised Net Asset Value (NAV) returns of almost 15% over the last two years, despite market factors heavily favouring momentum trading (strategies where investors buy rising securities and then sell them when they appear […]
Building on solid foundations AVI Global (AGT) has been generating annualised NAV returns of almost 15% over the last two years despite market factors which have heavily favoured momentum trading and a small number of very large US technology companies. At the same time, broader market volatility has driven some discounts to extreme levels, creating […]
Building on solid foundations AVI Global (AGT) continues to demonstrate the value of a clear strategy and a high conviction approach, generating annualised NAV returns of almost 15% over the last two years despite market factors which have heavily favoured momentum trading and a small number of very large US technology companies. At the same […]
Delayed but not derailed? The interest rate cuts that many have been hoping for have materialised, to the benefit of growth-focused strategies such as that of Impax Environmental Markets (IEM). However, the route to a more sustainable world may have been made harder by the election of a new US President who seems set on […]
Delayed but not derailed The interest rate cuts that we had been hoping for have materialised, to the benefit of growth-focused strategies such as that of Impax Environmental Markets (IEM). However, the route to a more sustainable world has been made harder by the election of a new US President who seems set on rolling […]
Delayed but not derailed The interest rate cuts that we had been hoping for have materialised, to the benefit of growth-focused strategies such as that of Impax Environmental Markets (IEM). However, the route to a more sustainable world has been made harder by the election of a new US President who seems set on rolling […]
Looking to bounce back Foresight Environmental Infrastructure’s (FGEN’s – formerly JLEN Environmental Assets) recent results were a two-part affair, with its operational assets recording record cash receipts, but the NAV taking a hit as green hydrogen developer HH2E entered administration. The failure of HH2E, which could not attract the required investment to bring forward its […]
Looking to bounce back Foresight Environmental Infrastructure’s (FGEN’s – formerly JLEN Environmental Assets) recent results were a two-part affair, with its operational assets pumping out record cash receipts, but the NAV taking a hit as green hydrogen developer HH2E entered administration. The failure of HH2E, which could not attract the required investment to bring forward […]
Looking to bounce back Foresight Environmental Infrastructure’s (FGEN’s – formerly JLEN Environmental Assets) recent results were a two-part affair, with its operational assets pumping out record cash receipts, but the NAV taking a hit as green hydrogen developer HH2E entered administration (a form of bankruptcy where a third party manages the company to pay creditors). […]
On Friday’s show, James Carthew covered the week’s top stories and hosted a panel discussion between Thomas Moore from abrdn Equity Income, David Moss from CT UK High Income Trust and Ben Green from Supermarket Income REIT. If you were looking for the first part of QuotedData’s show, focused on the roundup of the week’s […]
In this week’s show, James Carthew spoke to Interview with Alex Crooke from Bankers 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 Aiman. Additionally, if you would prefer […]
In this week’s show, James Carthew spoke to Interview with Sebastian Lyon from Personal Assets 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 Aiman. Additionally, if you would prefer […]
Vital signs are good Polar Capital Global Healthcare (PCGH) continues to make progress, delivering impressive outperformance of its benchmark (as the table below shows) and benefitting from a narrowing of its discount as more investors embrace the story. PCGH’s managers believe that the healthcare sector’s fundamentals are good enough to underpin the growth story for […]
Vital signs are good Polar Capital Global Healthcare (PCGH) continues to make progress, delivering impressive outperformance of its benchmark the MSCI All Countries World Healthcare Index, as the table on page 3 shows, and benefitting from a narrowing of its discount as more investors embrace the story. PCGH’s managers believe that the healthcare sector’s fundamentals […]
Vital signs are good Polar Capital Global Healthcare (PCGH) continues to make progress, delivering outperformance of its benchmark (as the table below shows) and benefitting from a narrowing of its discount perhaps as more investors seem to embrace the story. PCGH’s managers believe that the healthcare sector’s fundamentals are good enough to underpin the growth […]
October 2024 Monthly | Investment companies Kindly sponsored by abrdn Winners and losers in October 2024 Best performing sectors in October 2024 by total price return Median share price total return(%) Median NAVtotal return(%) Median discount 31/10/24(%) Median sector market cap 31/10/24 (£m) Number of companies in the sector North America 5.5 3.4 (11.2) 518.1 […]
November 2024 Winners and losers in October 2024 Best performing funds in price terms (%) Life Science REIT 7.2 Residential Secure Income 4.0 PRS REIT 3.1 Phoenix Spree Deutschland 2.6 Globalworth Real Estate 2.1 Henry Boot 0.9 Target Healthcare REIT 0.8 Balanced Commercial Property Trust 0.3 Schroder European REIT 0.1 Triple Point Social Housing REIT […]
The focal event of October was the announcement of the UK government’s budget, marked by sweeping changes such as a tax increase of £40bn a year (including £25bn for National Insurance), the largest hike in over thirty years. Chancellor Rachel Reeves says that ‘a strong economy depends on strong public finances’. In the wake of […]
