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

Abrdn Property: Custodian slams Urban’s rival offer as risky

Ahead of Abrdn Property Income’s shareholder vote on 20 March, Custodian Property Income claims its recommended all-share offer is ‘superior’ to Urban Logistics.

SONG slides as valuation cut by third, dividends suspended indefinitely

Royalty fund’s board says dividends will not be reinstated as it urgently prioritises debt repayment after Shot Tower Capital, its new valuer, knocks $700m off the songs portfolio.

Bellevue Healthcare Trust has another year of underperformance

Bellevue Healthcare Trust (BBH) released its annual report for the 12 months ending 30 November 2023. Over the period BBH reported a negative NAV tota...

Digital 9 Infrastructure provides an update on its debt repayment

The board of Digital 9 Infrastructure (DGI9) has provided a progress update on the closing conditions required for the sale of the Verne Global group ...

Hipgnosis Songs falls as Shot Tower slashes fund’s value by 26%

Royalty fund’s board says dividends will not be reinstated as it urgently prioritises debt repayment.

SONG provides a more accurate portfolio valuation

Hipgnosis Songs Fund (SONG) provided an update on its valuations. During the release of its interim results, the board stated that there were multiple...

QuotedData’s morning briefing 4 March 2024

In QuotedData’s morning briefing 4 March 2024: Princess Private Equity Holding (PEY) announced its NAV performance for January, increasing 0.8% to €14...

Ruffer hints at tender offer if buybacks don’t work after ‘worst’ year

Ruffer Investment Company spends almost £17m in first share buyback programme after worst year of performance in its 20 years, with assets down 6.2% and stock dropping 10.6%.

QD view – Super Tuesday, how much does it really matter?

Super Tuesday is almost upon us, a pivotal moment in the political calendar of the United States, as it is the day in which the greatest number of US ...

Lazard makes good start on Mid Wynd after gutting Artemis holdings

Barnaby Wilson and Louis Florentin-Lee put quality growth stamp on Mid Wynd International after cutting majority of stocks they inherited from Simon Edelsten and Alex Illingworth last year.

QuotedData’s weekly news show 1st March 2024

Thank you to everyone that listened in today, whether you watched the Zoom live or on YouTube. In this week’s show, Matthew Read covered the week’s to...

Int’l Biotechnology: Why investors are moving back to our recession-beating sector

Interest rate pressures are easing on biotechnology, allowing the strong fundamentals of drug development to shine, say International Biotechnology Trust fund managers Ailsa Craig and Marek Poszepczynski.