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

Seven ‘fallen angel’ investment companies offering better this year

Professor Paul Marsh of London Business School says 'fallen angels' account for a quarter of the Numis Smaller Companies index. We highlight the investment companies hoping for a return to grace in 2023.

Int’l Biotechnology lifted by ’material’ gain

International Biotechnology Trust’s discount widens slightly after it reports a rise in an unquoted investment that boosts its net asset value.

Nick Train lifts his ‘skin’ in Finsbury Growth with £1m of share purchases

Flurry of share deals sees fund manager raise his stake in Finsbury Growth & Income to 2.3%.

Conviction Life Sciences can’t convince investors to part with their cash

Hopes of Andrew Craig to launch a life sciences fund on the stock exchange founder in difficult market conditions. Attention turns to see if infrastructure fund AT85 can succeed with its float next month.

Chrysalis can’t escape 2022 horror show as it looks to sell stragglers

Double release of first quarter and annual results from Jupiter's growth capital fund fail to impress, showing 46% slump in asset value last year and prospect of more writedowns to come.

Baillie Gifford US Growth: Don’t judge us until the five-year mark

The once top-performing US investment trust lags the S&P 500 index since launch after a painful two-year crash but its managers want time for their strategy to revive.

James Carthew: Case for green hydrogen grows

HydrogenOne Capital Growth, the only specialist hydrogen investment trust launched so far, has had a rocky time but developments in the energy sector suggest other funds may follow.

Good news comes in threes as RTW Venture jumps 9.4% in December

Two successful clinical trials and a takeover of one portfolio company by AstraZeneca brought a difficult 2022 to a happy conclusion leaving RTW managers cautiously optimistic.

Civitas rents on track despite My Space hiccup

Civitas Social Housing distances itself from suspended Home Reit, saying its rents continue to grow despite tenant My Space failing to pay rents in recent months.

SHIP fund hopes China reopening will put wind in its 7%-yielding sails

Tufton Oceanic Assets (SHIP) hopes to benefit from China's reopening and increased shipping to refineries in Asia and the Middle East to bounce back from a drop in asset value at the end of last year.

Energy crisis powers leap in renewable dividends

Investors in Octopus Renewables Infrastructure and Greencoat UK Wind have enjoyed a large boost to income as soaring gas and electricity bills spark a rush for renewables.

CVC Income & Growth hikes dividends by 66%, flags more to come

Floating rate debt fund lifts its quarterly dividend by 1p to 2.5p per share, more than double the payout two years ago, as interest rates take the portfolio's underlying yield to 13%.