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

Wilko collapse helps delay AEW UK Reit’s return to dividend cover

Two tenants fell into administration in a quarter that should have seen the Citywire award-winning real estate investment trust cover its dividend for the first time in four years.

Troy Income & Growth extends poor track record ahead of merger

The trust has underpeformed its benchmark again this year as consumer staples and its quality style got in the way, as it gears up to merge with stablemate STS Global.

Schroders: The investment opportunity in written-off offices

Schroder Real Estate fund manager Nick Montgomery says selloff in non-prime office space over working from home and environmental concerns provides opportunities.

Smithson outperforms but hopes for greater absolute performance in the future

Smithson (SSON) has published its manager’s review for the year ended 31 December 2023, during which its net asset value per share (NAV) increased by ...

Hargreaves steps back from Invesco Asia as Yang takes the reins

Ian Hargreaves hands the lead manager role on Invesco Asia to co-manager Fiona Yang, ending 13 years at the head of the trust in what analysts believe is succession planning.

Abrdn Private Equity’s co-investment with 3i on Action allows buybacks

Abrdn Private Equity plans action to tackle its deep discount after taking profits on the Dutch discount retailer that has been buoying returns at 3i.

Saba doubles stake in Baillie Gifford US Growth as ‘optimistic’ managers jump back into Meta

US activist Saba is increasing its holding in Baillie Gifford US Growth as fund managers Kirsty Gibson and Gary Robinson claim the ‘storm is easing’ after a difficult time in the growth selloff.

Law Debenture: Buy into this unique trust while its shares are depressed

The investment trust's unique combination of an UK investment portfolio run alongside a collection of specialist financial services businesses has impressed us for a long time.

abrdn Private Equity Opportunities launching buyback programme

The sale of a €34.6m stake in European supermarket group Action has freed up funds that abrdn Private Equity Opportunities now intends to use to fund ...

Caledonia investors vote against Cayzer family’s creeping control

The board is engaging with a proxy adviser who recommended shareholders vote against a resolution at the latest annual general meeting.

Bluefield Solar progresses deal with GLIL Infrastructure

Bluefield Solar has progressed the deal with GLIL Infrastructure that was announced late last year. It has invested £20m in the joint venture partners...

Another good year for CC Japan 

Market conditions in Japan continue to suit CC Japan Income and Growth which has just reported an NAV return of 18.9% for the year ended 31 October 20...