Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.

BH Macro shares fall to record discount after ‘rollercoaster’ year

A £315m share issue and sharp reversal in interest rate expectations made for a difficult 2023 for the Brevan Howard hedge fund, recent annual results show.

Fidelity: ‘Golden shares’ should protect investors from China crackdowns

Dale Nicholls, manager of Fidelity China Special Situations, says the government's 1% stakes in technology companies is a good thing and should not deter investors from an historic valuation opportunity.

Interview with Baroness Bowles & Baroness Altmann on cost disclosures

QuotedData’s James Carthew recently interviewed the two Baronesses that are part of the team fighting to fix the sector’s cost disclosures problem. 0:...

Molten rallies on hope for better 12 months after three-year meltdown

Molten Ventures perks up after forecasting a ‘meaningful’ recovery in exits from early-stage digital companies that could help narrow the huge 64% discount at which its shares trade.

NB Private Equity makes modest progress in 2023

NB Private Equity Partners says that over 2023 its NAV total return in dollars was 2.3%. A narrowing discount meant that the share price return was be...

Biopharma Credit makes new $100m loan

BioPharma Credit is lending $100m to Trasus Pharmaceuticals. BioPharma Credit Investments V will lend an additional $100m alongside this. Based in the...

US Solar cuts dividend as implements new tender offer

US Solar Fund is planning a fixed-price tender offer at $0.764 per share (equivalent to the 31 December 2023 NAV of $0.78 per share, less 2% for the c...

Nvidia bet pays off for Martin Currie Global Portfolio

Martin Currie Global Portfolio managed to beat the return on the MSCI All Country World Index over the 12 months ended 31 January 2024, returning 11.2...

QuotedData’s morning briefing 24 April 2024 – APAX, ORIT, CAT, CATC, GRID

In QuotedData’s morning briefing 24 April 2024: Apax Global Alpha (APAX) is investing about €8m (through its investment in Apax Digital II) into IANS,...

Martin Gilbert linked India trust seeks Abrdn fund merger

India Capital Growth, whose Ocean Dial fund manager is part of the new group of Aberdeen Asset Management founder Martin Gilbert, has made several merger approaches to Abrdn New India.

Hipgnosis Song Management releases statement regarding recent issues

Hipgnosis Song Management, the investment advisor for Hipgnosis Songs Fund (SONG) has issued a statement regarding the recent issues surrounding the t...

‘Complex’ trusts? How to answer Hargreaves’ test

Hargreaves Lansdown is asking some investors to answer four questions when they want to buy shares in a 'complex' investment trust. We provide the answers so you can trade.