Riding the wave of shifting interest rates CQS New City High Yield Fund (NCYF) is consistently one of the highest-dividend-yielding funds in its debt – loans and bonds peer group and, over the longer term, is also one of its best-performing (see page 17). NCYF has benefitted from an uplift in capital values as the […]
Downing Strategic Micro-Cap (DSM) has announced that, on 17 June 2024, its board of directors of DSM received a letter from Vidacos Nominees Limited acting as nominee of Milkwood Capital Limited (Milkwood), seeking to requisition a general meeting of DSM. DSM’s board has said that it is in the process of reviewing the legal validity […]
Change in fortunes could be on the horizon It is possible that RIT Capital Partners’ (RIT’s) private investments portfolio, which for the past two years has dragged on the trust’s NAV returns, could be the spark for a change in its fortunes over the next 12 months. Several holdings are considering IPOs. History suggests that […]
Change in fortunes on the horizon RIT Capital Partners’ (RIT’s) private (unquoted) investments portfolio, which for the past two years has dragged on the trust’s net asset value (NAV) returns, could be the spark for a change in its fortunes over the next 12 months. Several holdings are considering initial public offerings (IPOs) that could […]
Change in fortunes on the horizon RIT Capital Partners’s (RIT’s) private investments portfolio, which for the past two years has dragged on the trust’s NAV returns, could be the spark for a change in its fortunes over the next 12 months. Several holdings are considering IPOs that could present healthy premiums to the typically conservative […]
International Public Partnerships (INPP) has provided the market with an update on its performance so far this year. It says that its portfolio of over 140 projects and businesses has continued to perform well, both operationally and financially, during the period. Its portfolio continues to deliver essential services to stakeholders, maintaining high levels of asset […]
NextEnergy Solar Fund has sold its Whitecross solar plant, completing Phase II of its capital recycling programme and freeing up capital to put to other uses (see below). Highlights: Whitecross, located in Lincolnshire, UK, is a 35.22MW utility-scale solar asset that was developed as part of the company’s self-developed project pipeline and energised late last […]
Ashoka WhiteOak Emerging Markets (AWEM) has published its first annual report, covering the period from its incorporation on 15 March 2023 to 31 March 2024. The company listed on the Premium Segment of the Main Market of the London Stock Exchange on 3 May 2023. In its inaugural accounting period, Ashoka WhiteOak Emerging Markets generated […]
Ecofin US Renewables Infrastructure Trust (RNEW) has provided a NAV update for the first quarter of 2024. Over these three months RNEW has reported a fall in the NAV per share, from $0.8521 at the end of December to $0.7937 at the end March. Total NAV fell from $117.7m to $109.6m. This fall was due […]
A coiled spring? Charles Montanaro, the manager of Montanaro UK Smaller Companies Investment Trust (MTU), has remained stalwart in the face of a UK market that has been underperforming international peers. His bullishness is based on what he believes is the increasingly attractive valuations being assigned to UK equities, as several of MTU’s holdings have […]
