Impact Healthcare hikes divi target as rent cover hits new high
Strengthening care home fees and higher occupancy levels have seen Impact Healthcare bounce back since the pandemic to register its highest rent cover since inception.
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Growth bias hurts Henderson Smallers but the tide is turning
Henderson Smaller Companies underperformed at the end of last year as its growth bias remained out of favour, but manager Neil Hermon's focus is now starting to pay off.
Chrysalis portfolio company Sorted sold to Location Sciences
Location Sciences (LSAI) has announced the acquisition of Chrysalis (CHRY) portfolio company Sorted Holdings, for an aggregate nominal consideration o...
Smithson’s Barnard opts for Oddity and trades tech for industrials
Fundsmith’s Simon Barnard made an ‘atypical investment’ when he participated in Oddity’s IPO last year as the wider portfolio was rejigged, with technology dropping from the top sector for the first time since launch.
European Opps investors scramble for exit as more than half take up tender
Investors owning 57% of shares participated in the 25% tender as manager Alex Darwall faces pressure to outperform ahead of another continuation and tender offer in three years time.
Office overload drags on Picton returns as it banks on 'stabilising' peak rates
Picton Property Income's portfolio valuing is slipping as its 30% weighting to offices is a drag on returns.
Phoenix’s Channon: Why Stanley Gibbons’ ‘red flags’ didn’t deter us
Phoenix AM’s Gary Channon says problems facing Stanley Gibbons should have been ‘red flags’ but he has spent ‘a lot of money’ making sure it’s backable.
Optimistic outlook for abrdn Private Equity Opportunities Trust
abrdn Private Equity Opportunities Trust (APEO) announced its annual report for the period ended 30 September 2023. NAV total return for the year was ...
CC Japan Income & Growth Trust rises above in strong year
CC Japan Income & Growth Trust (CCJI) announced its annual report for the year ended 31 October 2023. The NAV total return of the company increased b...
Results of European Opportunities Trust’s tender offer
European Opportunities Trust (EOT) announced the results of its tender offer to purchase up to 25% of the company’s ordinary shares in issue (you can ...
QuotedData’s morning briefing 31 January 2024 – HSL, RESI
In QuotedData’s morning briefing 31 January 2024: Henderson Smaller Companies Investment Trust (HSL) announced its results for the half year ended 30...
GCP Asset Backed Income hoists ‘for sale’ sign after failed bids
The £370m debt fund asks shareholders' opinions on its future, but the level of portfolio information published suggests a board very much looking for a buyer of the derated shares.
