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

Stifel warns BlackRock World Mining investors face a big dividend cut

Stifel analyst Iain Scouller predicts the trust will cut its final payout by about 40% as lower demand for commodities and decarbonisation costs depress dividends from miners.

HydrogenOne: Now is the time for us to deliver as industrial buyers gather

Burgeoning industrial interest in hydrogen energy should provide profitable exits for HydrogenOne Capital Growth this year and help narrow the shares’ 50% discount.

Hipgnosis Songs investors approve £20m bidders’ fee

The new board of the royalties fund receives 99.9% shareholder support to its proposal to cover the costs of potential bidders.

Riverstone Energy launches $200m tender offer

Riverstone Energy proposes to return $200m (equivalent to approximately £158m) of its excess capital to shareholders by means of a tender offer at a p...

Pershing Square cuts management fee

Pershing Square Holdings says that its investment manager (Pershing Square Capital Management, L.P) has proposed and the board has approved some chang...

Quoteddata’s morning briefing 8 February 2024 – DGI9, BIPS, APAX, SYNC, HEIT, SHIP

In Quoteddata’s morning briefing 8 February 2024: Digital 9’s (DGI9) sale of Verne Global may take longer than expected to close as the Icelandic anti...

SDCL Energy weighs up asset bids to show its 40% discount is wrong

‘Credible’ offers for some assets of SDCL Energy Efficency Income could help investment trust shore up its depressed shares as the 11%-yielder reports cash flows in line with expectations.

Augmentum’s Onfido in bid talks

Augmentum Fintech has highlighted an announcement today from one of the companies in its portfolio, Onfido. Onfido has entered exclusive discussions w...

Augmentum delves deeper into AI with insurtech investment

Augmentum Fintech increases its exposure to artificial intelligence after investing £4m in underwriting platform Artificial Labs.

HgCapital racks up 10% asset growth as private equity bounces back

HgCapital Trust enjoys a good year after its shares partly re-rate on the back of a double-digit investment return.

RIT Capital Partners provides a year end update

RIT Capital Partners has announced an annual update for the year ended 31 December 2023. The company’s NAV was up 3.2% over the 12 month period and ex...

HydrogenOne provides market update

HydrogenOne (HGEN) has announced an update for Q4, with NAV increasing 1.6% over the 3 month period to December 31 2023. This marks a total NAV return...