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

BioPharma rues missed 13% credit as it changes discount control again

High-yielding BioPharma Credit caps the amount the debt fund must spend on share buybacks after having to let a lucrative lending opportunity go because its cash was tied up.

Savvy stockpicking helps Schroder Asian avoid China fallout

Schroder Asian Total Return returns to index-beating form after a difficult 2022, with fund managers Robin Parbrook and Lee King Fuei sidestepping the turmoil in China last year.

Digital 9 investors vote for wind-down as two directors abruptly exit

Virtually all shareholders vote to wind down Digital 9 Infrastructure whose shares have fallen to a fifth of their flotation price three years ago. Strategic review specialists Brett Miller and Richard Boléat resign shortly after joining the board.

Stable dividend boosts BioPharma Credit

BioPharma Credit (BPCR) announced its annual results for the year ended 31 December 2023. The company saw NAV growth of 1.5% over the period while mai...

Sirius parks fund-raise cash in high-yield Forest of Dean business village

Germany-focused business park investor Sirius Real Estate uses £48m of last November’s share issue to expand its UK portfolio.

Strong rebound for The Aurora Investment Trust

The Aurora Investment Trust (ARR) announced its annual results for the year ended 31 December 2023. Performance for the year was very positive, with a...

Strong returns for JPMorgan American

JPMorgan American (JAM) announced its annual results for the period end 31 December 2024. The company generated a NAV total return of 24.7% in 2023 co...

Positive return for abrdn Asian Income Fund despite challenges

abrdn Asian Income Fund (AAIF) announced its annual results for the year ended 31 December 2023. The company saw a NAV total return of 2.5%, slightly ...

Sirius Real Estate expands UK portfolio with £48.25m acquisition

Sirius Real Estate has acquired Vantage Point Business Village, a multi-let business park in Gloucestershire, for £48.25m (€56.4m), representing a net...

Impressive growth for BlackRock Latin American

BlackRock Latin American Investment Trust (BRLA) announced its annual results for the year ended 31 December 2023. The company’s NAV was up 37.8% in U...

Steady year for Fidelity Japan Trust as markets rally

The Fidelity Japan Trust (FJV) has announced its annual results for the year ended 31 December 2023 During the year the trust reported a net asset val...

BioPharma Credit lags market during challenging year

BioPharma Credit (BPCR) announced its annual results for the year ended December 31 2023. The company saw a NAV return of 1.5% over the period while s...