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

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...

This bond fund should make almost 10% a year and you can buy it without stamp duty

Invesco Bond Income Plus is offering new shares at a little below market price.

QuotedData’s weekly news show 2nd February 2024

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

Harmony Energy seen as bid target as shares crash on skipped dividend

The crisis in battery funds grows as Harmony Energy Income Trust follows Gresham House Energy Storage in prioritising cash and debt repayment over shareholder dividends.

Harmony Energy skips dividend as battery revenue crisis grows

Harmony Energy Income Trust follows Gresham House Energy Storage in cutting its dividend in response to a huge fall in revenues for UK battery installations.

Oakley Capital’s Tredget: Investors expect a return to double-digit growth

A pickup in realisations this year should drive the top-performing private equity fund’s NAV growth and narrow the 33% discount, manager Steven Tredget said.

Mercuriadis to step down as Hipgnosis chief exec

Merck Mercuriadis to become chair of Hipgnosis Song Management with chief operating officer Ben Katovksy taking his place as CEO. The change comes as HSM's mandate with Hipgnosis Songs Fund hangs in the balance.

Mercuriadis steps down as Hipgnosis boss in ‘optical’ move to appease SONG board

Update: Merck Mercuriadis to become chair of Hipgnosis Song Management with chief operating officer Ben Katovksy taking his place as CEO. The change comes as HSM's mandate with Hipgnosis Songs Fund hangs in the balance.

Abrdn Private Equity to throw more cash at high-returning direct portfolio

Abrdn Private Equity Opportunities plans to increase its weighting to direct holdings as valuations soar despite a tough backdrop in 2023.