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High-yield Duke looks to drop ‘Royalty’ in rebrand

Duke Royalty, a 9%-yielding alternative finance provider on an 18% discount, wants to broaden its appeal to borrowers and investors.

High yield Duke looking to drop ‘Royalty’ from name

Duke Royalty, a 9%-yielding alternative finance provider on an 18% discount, wants to broaden its appeal to borrowers and investors.

QuotedData’s morning briefing 3 January 2024 – IGC

In QuotedData’s morning briefing 3 January 2024: India Capital Growth says that 15,159,876 shares, equivalent to 15.7% of its issued share capital, ha...

Castelnau writes down Stanley Gibbons after Magenta stamp blow

Castelnau Group, the special situations fund run by Phoenix Asset Management’s Gary Channon, takes a writedown after stamp dealer tumbles into administration.

BlackRock Greater Europe looks for more after November surge

'As investors, we must be forward-looking', say the fund managers of a trust which finished 2023 in fine form after an ‘incredibly strong’ 11% advance in November.

LumiraDx sale lifts cloud over BioPharma Credit

High-yielding debt fund jumps 7% on news it will recover more than 80% of a big loan to US diagnostics company LumiraDx following the sale of its main assets to Roche of Switzerland.

BioPharma Credit provides update on LumiraDx loan

On December 29, 2023, LumiraDx Limited announced that Andrew Johnson, Lisa Rickelton and Lindsay Hallam of FTI Consulting had been appointed as joint ...

QuotedData’s morning briefing 2 January 2024 – EAT, RSE, CVCG

In QuotedData’s morning briefing 2 January 2024 European Assets Trust (EAT) announced that as part of an orderly succession plan, Kate Cornish-Bowden ...

BlackRock Income needs to ‘address’ its small size

JPMorgan Cazenove, broker to BlackRock Income and Growth, calls on £38m investment trust to do something about its lack of scale which is discouraging investors.

Downing Strategic ups return of capital to 50%

Downing Strategic Microcap looks to return around half its market value in the first six months of this year.

Chenavari Toro Income Fund hits its targets despite it widening discount

Chenavari Toro Income Fund (TORO) has released its annual results for the year ending 30 September 2023. TORO reported a NAV total return of 11.25% fo...

QuotedData’s morning briefing 28 December 2023 – DSM

In QuotedData’s morning briefing for 28 December 2023: The board of Downing Strategic Micro-Cap Investment Trust (DSM) has provided an update on its p...