GRID hit by revenue slump caused by National Grid delays
Gresham House Energy Storage (GRID), the UK's largest battery fund, blames National Grid for a sharp fall in revenue and dividend cover as batteries are 'skipped' over in favour of gas plants.
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Strategic Equity performance proves Wotton’s takeover strategy
The £153m trust has delivered shareholder returns of 67% since Wotton took over three years ago, driven by takeovers in its high-conviction portfolio of UK smaller companies.
HgCapital sells Commify on 32% uplift after gaining 68% extra on TeamSystem disposal
Hg, the private equity fund manager of HgCapital, notches up two profitable disposals in three weeks, drawing attention to the apparent anomaly of its shares stuck on a 20% discount.
Nvidia and Apple cause Mid Wynd pain as Edelstein bows out
Mid Wynd International manager Simon Edelstein has delivered his final results before retiring, leaving with a rare blip on his track record.
Nvidia and Apple cause Mid Wynd pain as Edelsten bows out
Results from Mid Wynd International show the trust underperformed in Artemis fund manager Simon Edelstein’s last year before he retires and the mandate goes to Lazards.
Talks between GCP and RMII collapse as latter seeks wind-down
Plan to combine GCP Infrastructure with RM Infrastructure Income is scrapped after becoming too complex with RMII board now proposing a managed wind-down of the company.
Ex-Frostrow Harris’ Cadarn Capital adds HGT and VOF to its roster
The newly launched investor relations firm adds HgCapital Trust and VinaCapital Vietnam Opportunity Fund to its list of clients, giving it five.
Ruffer manager ploughs £18k into JPM European Growth & Income
Alex Lennard, head of institutional investment at Ruffer, has taken a stake in JPMorgan European Growth & Income, having served on the board since July 2021.
Struggling Mailbox Reit finalises new home as IPSX closes
The single asset Birmingham real estate investment trust has had a difficult year and now must find a new platform to list its shares as International Property Securities Exchange is closing.
Primary Health look to New River founder for Hyman replacement
Primary Health Properties has announced Mark Davies will succeed Harry Hyman as chief executive when he retires in April next year.
Harmony Energy looks to reassure investors with Rye Common sale
Harmony Energy Income sells construction project in Surry in bid to conserve cash and prove its valuations are sound after last week's correction to its net asset value.
Klarna moots IPO in hopeful sign for crumpled Chrysalis
The Swedish fintech and buy-now-pay-later credit provider’s good quarterly results see it revive flotation plans, offering hope to beleaguered growth capital fund Chrysalis.
