Star-struck Cowie buys Edinburgh Worldwide shares on 14% discount
Sunday Times columnist Ian Cowie puts 1% of his pension in badly-performing Baillie Gifford trust, drawn by its holding in Elon Musk’s SpaceX and double-digit share price discount.
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
RTW Biotech promises $30m capital return as it buys Acacia’s Arix stake
Biotech investment firm acquires the 25.5% stake from Acacia and now faces a shareholder vote on the remaining purchase, which has received the backing of two proxy advisers.
RTW comes closer to acquiring Arix’s assets
RTW Biotech Opportunities (RTW) has provided an update on Arix and its capital allocation plan. RTW has now completed the previously announced $57.1m ...
QuotedData’s morning briefing 22 January 2024 – AEET, HGT, CREI, WHR
In QuotedData’s morning briefing 22 January 2024: HgCapital Trust (HGT) has announced that it has sold its entire stake in Argus Media, a leading inde...
Custodian tumbles 12% on deal to buy lowly-rated Abrdn Property
Update: Abrdn Property Income bows to an all-share merger with Custodian Property Income, which makes good on a promise to pursue consolidation in real estate investment trust sector.
QuotedData’s weekly news show 19th January 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...
QD view – the REIT entry point
The start of a new year often brings optimism and that was certainly the case in the real estate sector as inflation around the world continued its do...
Law Debenture and JGGI strong income bets, says Peel Hunt
The 2024 income playbook focuses on ‘robust fundamentals’ and highlights 12 funds that have grown their mostly fully-covered dividends.
Peel Hunt 2024: Law Debenture and JGGI lead our 12 picks for income
The broker's latest 'income playbook' focuses on a dozen investment companies with ‘robust fundamentals’ when it comes to dividends.
Investec: Witan’s multi-manager style isn’t working
Analysts at Investec say that the trust’s underperformance in the past five years is astounding as the portfolio of distinct but complementary philosophies should mitigate risk.
Impax Environmental survived a backlash – and now it’s about to deliver
After a difficult couple of years, this fast-growing trust is an appealing investment.
‘Buy’: Impax Environmental survived a backlash – now it’s about to deliver
After a difficult couple of years, this fast-growing trust is an appealing investment.
