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

Hipgnosis attaches health warning to results showing 10% fall in value

Just two days after delaying its interim results the board of SONG, chaired by Robert Naylor, issued the accounts but warned investors to take them with a large pinch of salt.

Hipgnosis dollar NAV falls by 9.2%

Hipgnosis Songs Fund has published its interim results for the six-months to 30 September 2023. Financial headlines Operative NAV per share decreased ...

LMS Capital makes retirement living investment

LMS Capital is buying Castle View Retirement Village, Windsor for £11.9m, of which £6.0m is being provided by LMS equity and the remaining £5.9m by a ...

BlackRock Income & Growth dips into reserves to hike dividend

Over the year ended 31 October 2023, BlackRock Income & Growth marginally lagged its benchmark, returning 5.2% to the All-Share’s 5.9%. A narrowing di...

QuotedData’s morning briefing 21 December 2023 – HICL, RCOI

In QuotedData’s morning briefing 21 December 2023: HICL Infrastructure is paying £20m for a 3.1% stake in the A63 Motorway concession in France. Compl...

‘Buy’ PRS Reit: This family rental fund almost has it covered

Investors including PRS’s chair and private client manager Waverton top up their holdings as shares rally.

The Big Question – Will higher-for-longer rates change stock picking?

Interview with Sunil Thakor of Sands Capital, Andy Headley of Veritas and Metropolis Capital’s Jonathan Mills. Alliance Trust stock pickers – Sunil Th...

Int’l Public Partnership delivers stocking stuffer with asset sale and buyback promise

Analysts are positive on the announcement, which follows through on targets flagged earlier this month, but would like to see further share buybacks.

GRIT investors object to pay as CFO takes leave

GRIT Real Estate Income, which invests in specialist African property, has launched a consultation after a significant minority of shareholders voted against its pay package.

Tough year for trusts sees record buybacks and rush of board action

Deep discounts and difficult conditions prompted a raft of corporate action from investment companies, including buybacks, liquidations, mergers and manager changes.

Home Reit’s portfolio value slashed by almost 60%

Embattled Home Reit is ending the year at a new low after a valuation of the portfolio put its worth at just 42% of the unaudited historical acquisitions costs.

Home Reit faces legal action as portfolio value slashed by almost 60%

Embattled Home Reit is ending the year at a new low after a portfolio valuation put its worth at just 57.8% of the unaudited historical acquisition cost.