Abrdn China Investment Company (ACIC) and Fidelity China Special Situations (FCSS) have announced proposals to merge ACIC into FCSS. This will be implemented via a voluntary wind up and reconstruction of ACIC that will see a transfer of part of its cash and into FCSS in exchange for new FCSS shares. Assuming that the merger, […]
Tritax EuroBox has agreed a second lease at its two-unit asset in Settimo Torinese, a prime logistics location near Turin, Italy. The new six-year lease has been secured with the same leading Italian logistics provider which signed a lease for the other unit in August 2023. The letting for the second unit (14,197 sqm) at […]
JLEN Environmental Assets Investment companies | Update | 28 November 2023 Backing the green hydrogen revolution JLEN Environmental Assets (JLEN) and the wider renewable energy sector have seen discounts widen to unprecedented levels as investor sentiment wavers in the face of higher interest rates. JLEN’s 20.2% discount is hard to fathom given the fundamental strength […]
JLEN Environmental Assets Investment companies | Update | 28 November 2023 Backing the green hydrogen revolution JLEN Environmental Assets (JLEN) and the wider renewable energy sector have seen discounts widen as investor sentiment has appeared to waver in the face of higher interest rates. Undeterred, JLEN’s managers are focusing their efforts on laying what they […]
JLEN Environmental Assets Investment companies | Update | 28 November 2023 Backing the green hydrogen revolution JLEN Environmental Assets (JLEN) and the wider renewable energy sector have seen discounts to net asset value (NAV) widen to unprecedented levels as investor sentiment wavers in the face of higher interest rates. JLEN’s 20.2% discount to NAV is […]
Asian Energy Impact Trust (the former ThomasLloyd Energy Impact Trust) has a portfolio of 11 operating assets across India, the Philippines and Vietnam as well as two “pre-operational” assets, meaning in development or in construction, both in India. These two projects are the in-construction 200 MW DC solar PV project in Rewa Ultra Mega Solar […]
AVI Global Trust Investment companies | Annual overview | 21 November 2023 An historic opportunity AVI Global Trust (AGT) has been performing well recently. Where it can, the manager seeks to engage with investee companies behind the scenes, working with them to unlock value for the benefit of all shareholders. Lately, AGT has also been involved […]
AVI Global Trust Investment companies | Annual overview | 21 November 2023 An historic opportunity? As the data on page 13 shows, AVI Global Trust (AGT) has been outperforming recently. Where it can, the manager seeks to engage with investee companies behind the scenes, working with them with the aim of unlocking value for the benefit […]
AVI Global Trust Investment companies | Annual overview | 22 November 2023 An historic opportunity As we show on page 14 of this note, AVI Global Trust (AGT) has been performing well recently. Where it can, AGT’s manager seeks to engage with investee companies behind the scenes, working with them to unlock the value that […]
Economic and Political Roundup Investment companies | Monthly | November 2023 Despite further geopolitical upheaval over the course of October, the US bond sell-off continued to dominate the market narrative with 10-year treasury yields briefly breaching 5% for the first time since the collapse of Lehman Brothers in 2007, which, for many marked the beginning […]
