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

Int’l Biotechnology: Investors are moving back to our recession-beating sector!

Interest rate pressures are easing and allowing the strong fundamentals of drug development to shine through, say International Biotechnology Trust managers Ailsa Craig and Marek Poszepczynski.

Murray International’s last annual report for manager Bruce Stout

Murray International (MYI) has released its annual results for the 12 month period ending 31 December 2023. Over the 12 month period MYI reported a NA...

Tritax Big Box REIT doubles down on developments as market improves

Tritax Big Box REIT has said improving market conditions has reinforced its conviction for logistics development projects. In annual results for the p...

Strong results allows Lar Espana to pay record dividend

Spanish retail REIT Lar España posted strong annual results, as a recovery in retail continues at pace. The company, which owns shopping centres and r...

European Opportunities capitalises on the Novo Nordisk rally to beat the market

European Opportunities (EOT) has released its interim results for the half year ended 30 November 2023. Selected highlights as follows: EOT generated ...

Novo Nordisk’s fat returns drive Darwall fund higher and could keep Boaz at bay

Half-year results show the £599m European Opportunities Trust that recently underwent a 25% tender offer beat its benchmark, but has work to do with activist Saba holding 4%.

‘Buy’ this renewable fund’s clean and well-covered 7% dividend

Results from The Renewables Infrastructure Group (TRIG) demonstrate the sell-off of clean energy funds has gone too far and the shares look attractive on a 20% discount.

JPMorgan Emerging Markets offers 2029 tender if performance doesn’t improve

Two leading value investors are thought to have pressed the board to buy back 25% of the trust's shares if returns do not beat the MSCI Emerging Markets index in next five years.

Greencoat UK Wind beats its dividend target

Greencoat UK Wind (UKW) has released its results for its financial year ending 31 December 2023. UKW’s NAV fell slightly from £3.9bn to £3.8bn, equal ...

Riverstone Energy reports another strong year

Riverstone Energy (RSE) has released its annual results for the 12 month period ending 31 December 2023. Over the 12 month period RSE reported a NAV r...

Conte off JPMorgan European Discovery as board changes managers not group

Activist Saba Capital’s 13% stake sharpens investment trust board’s focus on underperformance, with Francesco Conte and Edward Greaves making way for a new JPM team.

JP Morgan European Discovery changes managers not group as Saba waits

Activist Saba Capital’s 13% stake sharpens investment trust board’s focus on underperformance, with Francesco Conte and Edward Greaves making way for a new JPM team.