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

Top-performing JPMorgan American’s Parton to depart soon

Fund manager Timothy Parton is about to retire and hand the investment trust’s growth sub-portfolio over to co-manager Felise Agranoff.

Underperforming Henderson Opps’ proposes share split to entice younger investors

Henderson Opportunities hopes more liquid and affordable shares will narrow the investment trust's discount as biggest shareholder and activist Saba looks for an upturn in UK equity trust.

James Carthew: Blame imbalanced National Grid for battery funds’ woes

The plunging share prices and dividend cuts of Gresham House, Harmony and Gore Street energy storage funds have shocked investors. Patience is needed if they are to survive.

BlackRock Sustainable American Income reflects the challenges of ESG investing

BlackRock Sustainable American Income Trust (BRSA) has released its financial year end results for the 12 month period ending 30 November 2023. Over t...

Throgmorton easily surpasses its benchmark

Throgmorton Trust (THRG) has released its annual results for the financial year ending 30 November 2023. Over the 12 month period THRG reported a NAV ...

Gore Street jumps after saying its dividend is safe

Gore Street Energy Storage reaffirms its 7% dividend target following cuts by rivals last week, saying that its payout was fully covered by earnings in the last quarter.

Hipgnosis Songs seeks indemnity from Merck in High Court case

Hipgnosis Songs Fund looks to protect itself from case brought by liquidators of former investment company of fund manager Merck Mercuriadis.

Hipgnosis tries to distance itself from the forthcoming litigation

Hipgnosis Songs Fund (SONG) has provided an update on its ongoing litigation between Hipgnosis Music Limited and Mr Mercuriadis, Hipgnosis Songs Manag...

QuotedData’s morning briefing 5 February 2024 – CVCE, INOV, PEY, GORE, HGT, SEIT

In QuotedData’s morning briefing for 5 February 2024: CVC Income & Growth (CVCE) has announced an increase in its annual dividend targets, increased t...

The Big Broadcast: River’s George Ensor – my checklist for a UK small-cap recovery

George Ensor, fund manager of River and Mercantile UK Micro-Cap, says the four conditions necessary for a rebound in his sector are flashing 'buy'.

Merck Mercuriadis no longer CEO of SONG’s manager but stays on as chair

In a statement issued today (2 February 2024) on Hipgnosis Songs Fund’s (SONG’s) website (click here to read), it has been announced that Merck Mercur...

QD view – VIP access at bargain prices

After an extended period of trading at wide discounts, private equity funds seem to be more responsive to the idea of using share buybacks to tackle t...