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

Invesco Bond Income Plus in demand

Invesco Bond Income Plus delieved an NAV return of 11.7% over 2023 and a 10.5% return to shareholders. The 11.7% NAV return was slightly below the 13....

Temple Bar makes solid progress in 2023

Temple Bar posted a decent set of results for 2023. NAV and shareholder returns were 12.3% and 12.5% respectively, both well-ahead of the 7.9% return ...

QuotedData’s morning briefing 4 April 2024 – CYN, GPM, NCYF, GCL

In QuotedData’s morning briefing 4 April 2024: Manulife’s acquisition of CQS is now complete. There are no planned changes to the management teams of ...

Milkwood seeks to block Downing Strategic wind up

Since February, two institutional shareholders, who were supportive of Downing Strategic’s managed wind-down, and who had voted in favour of adopting ...

David Stevenson: The investment company bubble has burst and the shakedown begun

Anyone looking for seismic changes in the investment trust market has not been short of huge developments in the last few weeks.

Asset Value Investors hails Chrysalis ‘inflection point’ with 8.4% stake

Update: Activist manager of AVI Global scoops up £41.5m position in Chrysalis Investments, bigger than we reported this morning, making it the recovering growth capital fund’s largest shareholder.

All change at JP Morgan: Ebrahim promoted off Indian trust; managers exit JEMA and Japan

Ayaz Ebrahim, lead manager of JPMorgan Indian, takes up new job running group's South-East Asia business, while co-managers leave the emerging Europe and Japan small-cap funds.

James Carthew: Why I bought Abrdn Property for the wind-down

The likelihood of a managed wind-down of Abrdn Property Income after insufficient shareholders backed its merger with Custodian presents a slow but unmistakeable opportunity.

Literacy Capital enjoys £20m payday after refinancing success

The private equity fund and donor to literacy charities receives a windfall after helping one of its unquoted companies to refinance. This comes a month after strong annual results.

Baker Hughes backing of Elcogen bolsters HGEN

A strategic investment by oil service provider in Estonian hydrogen power producer is a boost for HydrogenOne Capital Growth (HGEN) after a tough period for its shares.

Impressive returns for Nippon Active Value Fund

Nippon Active Value Fund (NAVF) announced its annual results for the year ended December 31, 2023. The company saw a strong NAV total return of 23.1%,...

Stock selection compounds woes for Baillie Gifford China Growth

Baillie Gifford China Growth announced its annual results for the year ended 31 December 2023. The company’s net asset value total return was negative...