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

Regional REIT fighting fires after challenging 2023

Regional REIT reported a particularly difficult 2023 with several headwinds contributing to a 23.3% drop in net asset value (NAV) to 56.4p per share. ...

We could have got a better deal: UKCM chair abstains from Tritax vote

UK Commercial Property chair Peter Pereira Gray is abstaining from the Tritax Big Box merger vote as he remains the one dissenting voice on the board opposed to the deal.

AVI Japan Opportunity bounces back as reforms unlock returns

The activist fund, which celebrates its five-year anniversary this year, enjoys a 2023 recovery after a tough prior year as Tokyo’s corporate governance reforms take effect.

Princess rebrands as Partners and promises step-up in buybacks

Princess Private Equity takes the name of its fund manager Partners Group and commits to a sustained return of capital when its shares trail at discounts of 20% or more.

Ed Warner: ‘Overboarding’ directors ‘for the birds’

Chair of HarbourVest Global Private Equity and JLEN Environmental Assets questions the value of a small number of non-executive directors sitting on multiple investment company boards.

Golden Prospect Precious Metals stems its NAV decline

Golden Prospect Precious Metals (GPM) has released its annual results for the 12 months ending 31 December 2023. Over the 12 month period GPM’s net as...

Octopus Renewables announces double-digit dividend growth

Octopus Renewables Infrastructure Trust (ORIT) has released its results for the 12 month period ending 31 December 2023. Over those 12 months ORIT gen...

Pershing Square extends outperformance in 2023

Pershing Square Holdings has published results for the year ended 31 December 2023 and they are good. The NAV return for the year was 26.7% and the sh...

Princess Private Equity announces share buyback plan and name change

Princess Private Equity Holding (PEY) has released its annual results for its financial year ending 31 December 2023. Over these 12 months PEY reporte...

FCA: We’ll inspect private asset processes this year

The Authority has told investment companies it will visit fund managers this year to probe their valuation practices for private equities and unquoted assets.

2023 was a year to forget for Baille Gifford Shin Nippon

Baillie Gifford Shin Nippon has published its accounts covering the 12 months ended 31 January 2024 and the figures do not make good reading. Over the...

US Solar limps into 2024 after perfect storm in 2023

US Solar Fund has announced results for the year ended 31 December 2023. The company’s NAV fell sharply over the year from 96 cents to 78 cents (rough...