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

QuotedData’s morning briefing 27 March 2024 – LABS

In QuotedData’s morning briefing 27 March 2024: Life Science REIT (LABS) has leased 7,497 sq ft of space at the Innovation Quarter at Oxford Technolog...

Big Broadcast: One-and-a-half Magnificent Seven stocks are enough for me

Stephen Anness, manager of Invesco Select Trust’s Global Equity Income Share Portfolio, outlines his approach to finding quality growth stocks around the world.

Octopus Renewables will prioritise buybacks after ‘serious’ asset sales

Further big disposals are being lined up to generate cash to repay more debt and fund a possible share buyback programme, say fund managers David Bird and Chris Gaydon.

Investors tender 89% of Fidelity Emerging shares

The tender offer was limited to 15% of the shares but the scale of oversubscription underlines the challenge facing the fund managed by Fidelity since October 2021.

Steady as she goes for Petershill Partners

Petershill Partners (PHLL) has announced its annual results for the year ended 31 December 2023. The company, which follows a unique M&A strategy rais...

Infrastructure India continues to flounder

Infrastructure India (IIP) announced its annual results for the 12 months ended 31 March 2023. The company has been selling off assets over the period...

Life Science Reit slashes dividend as economic clouds slow rollout

Specialist property fund launched over two years ago halves its 2023 shareholder payout as economic uncertainty and high interest rates weigh.

QuotedData’s morning briefing 26 March 2024 – JEMA, AWEM, VOF

In QuotedData’s morning briefing 26 March 2024 JPMorgan Emerging EMEA Securities (JEMA) has announced that manager Pandora Omaset is pursuing other op...

Life Science REIT cuts dividend

Life Science REIT has rebased its dividend as the macroeconomic environment remains challenging. The company paid a dividend of 4p in 2022 – its first...

Regional REIT fighting fires after challenging 2023

Regional REIT reported a particularly difficult 2023 with several headwinds contributing to a 23.3% drop in net asset value (NAV) to 56.4p per share. ...

We could have got a better deal: UKCM chair abstains from Tritax vote

UK Commercial Property chair Peter Pereira Gray is abstaining from the Tritax Big Box merger vote as he remains the one dissenting voice on the board opposed to the deal.

AVI Japan Opportunity bounces back as reforms unlock returns

The activist fund, which celebrates its five-year anniversary this year, enjoys a 2023 recovery after a tough prior year as Tokyo’s corporate governance reforms take effect.