Princess discontent comes to a head as two directors bow out
Two Princess Private Equity directors step down the day before the AGM where shareholders expressed displeasure about the performance of the fund.
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Cordiant Digital a ‘buy’ after strong results
The derated trust trades at a 30.2% discount to NAV, which appears harsh given the strength of its balance sheet, healthy dividend cover and strong cash-generating portfolio.
abrdn New India eyes unlisted companies
The board proposed a limit of 10% of net asset value to be invested in Indian companies close to IPO, according to annual results, in which the trust underperformed its benchmark.
Sequoia debt fund rides floating rates to 10% higher dividend as shares slide
Rising income from floating rate loans has allowed the infrastructure debt investor to return more to shareholders, who are nevertheless nursing hefty paper losses.
Ecofin US Renewables halves dividend after tornado damage
Smallest UK-listed renewables fund forced to slash dividend after operational issues at tornado-hit wind farm.
Syncona regroups as write-down takes its toll
The life sciences investment trust is refocusing on later-stage assets after its investment in gene therapy company SwanBio was nearly halved in a difficult biotech market.
Templeton EM edges into black ahead of continuation vote
After poor performance last year brought five-year returns below the benchmark, China’s reopening and strong stock selection have resulted in a return to the black for the emerging markets trust ahead of a July 2024 continuation vote.
Templeton EM bounces back to bring confidence ahead of continuation vote
After poor performance last year brought five-year returns below the benchmark, China’s reopening and strong stock selection have resulted in the emerging markets trust rebounding ahead of a July 2024 continuation vote.
Harmony to ‘outperform’, ROOF enters PPA with OVO Energy
Harmony Energy closes in on its launch goal of 312.5MW, while Atrato Onsite Energy enters into a three-year power purchase agreement with OVO Energy.
Schroder European Reit cuts dividend under spectre of refinancing
Schroder European Real Estate has rebased its uncovered dividend as a raft of rate rises in the UK and Europe put the trust under pressure ahead of loan refinancings.
Analysts praise SDCL Energy Efficiency for greater transparency despite NAV fall
The 8.1%-yielder followed up on its capital markets day promise to outline the main drivers of the portfolio's growth, as renewable trusts struggle against high-yielding government bonds.
SDCL Energy Efficiency praised for transparency despite NAV fall
It fulfils its capital markets day promise to outline the drivers of SEIT’s growth, as renewable trusts struggle against high-yielding government bonds.
