Valuation pressures ease but Abrdn Euro Logistics needs dividend cover
Slowing valuation falls give Abrdn European Logistics something to cheer but it is still battling an uncovered dividend and in talks with a Madrid tenant over withheld rent.
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Almost all Home Reit shareholders back AEW recovery plan
Shareholders in suspended homeless accommodation provider vote overwhelmingly in favour of appointing fund manager AEW to stabilise and turn around their investment.
BlackRock Energy endures tough half-year as its markets run cold
After a successful relaunch three years ago, BlackRock Energy & Resources Income suffered a tough first half that has left its shares trading on an 'attractive' 10% discount.
JPMorgan participates in tenders to shed Russian assets
The JPMorgan Emerging Europe, Middle East & Africa Securities trust has tendered its holdings in Detksy Mir and Magnit.
Tender offers show there is value in former JPMorgan Russian
The renamed JPMorgan Emerging Europe, Middle East & Africa Securities trust has tendered its holdings in Detksy Mir and Magnit and received over £2m on behalf of shareholders.
Target Healthcare returns to growth but shares slide to 9% yield
A recent quarterly update from care home investor showed the specialist real estate fund weathering the macro-economic forces pushing its shares to a wide 36% discount.
Ackman’s bet on high US inflation costs Pershing Square in first half
Pershing Square, the top-performing US equities hedge fund, trails its stock market benchmark as US government bonds do better than manager Bill Ackman expected.
Ediston Property confirms talks with Realty Income
Retail park investment fund says it is in ‘advanced’ talks about selling its assets to Realty Income of the US.
US Solar close to appointing INPP fund manager Amber
Amber Infrastructure, manager of International Public Private Partnership, is in exclusive talks to take on US Solar Fund. Analysts suggest investors may want it to revive stalled disposals.
James Carthew: Riverstone Energy’s unreasonable tender
The huge 55% share discount on Riverstone Energy is ridiculous, but there is no excuse for its unfair offer to buy back up to 30% of shares at a price 43% below asset value.
Oakley Capital: Our retail money has grown five times since 2020
Steven Tredget says private investors are replacing wealth firms on its shareholder register, although he notes individual wealth managers have snapped up its shares on a wide discount.
Riverstone, the incredible shrinking energy fund, offers 30% tender
Riverstone Energy, a highly-discounted private equity fund that has bought back over 40% of its shares in the past three years, gives investors chance to sell up to 30% of the rest.
