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

Hipgnosis board hopes to entice bidders with ‘unusual’ £20m payment

Hipgnosis Songs wants shareholder approval to offer potential bidders up to £20m costs to address concerns that fund manager Merck Mercuriadis' right to buy its portfolio if sacked is deterring offers.

Home REIT replaces chairman

The chairman of scandal-hit Home REIT, Lynne Fennah, has been replaced by Big Yellow Group director Michael O’Donnell. Fennah will remain on the board...

Edinburgh Worldwide results reflect difficult terrain

Edinburgh Worldwide says that, for the 12 months ended 31 October 2023, its NAV decreased by 23.6% and share price by 27.7%. By contrast, the S&P Glob...

Home Reit chair resigns as board prepares to quit

Lynne Fennah steps down as chair of suspended homeless accommodation provider a year after its shares were suspended in a valuation scandal. Michael O'Donnell of Big Yellow Group takes her place.

Income focus meant Bankers missed out on five of magificent seven

Bankers Investment Trust’s results for the year ended 31 October 2023 show it just failing to match its benchmark (FTSE World Index) in NAV terms and ...

Hipgnosis dangles £20m carrot for prospective bidders

Hipgnosis Songs Fund is proposing that the governing Articles of the company are amended, to enshrine the payment of a fee, at the board’s discretion,...

QuotedData’s morning briefing 18 January 2024 – ORIT, ARR

In QuotedData’s morning briefing 18 January 2024: Octopus Renewables Infrastructure Trust (ORIT) is targeting a total dividend of 6.02p for the curren...

Investec: ‘Buy’ BH Macro ahead of ‘choppy waters’

Analysts at Investec are bullish on BH Macro, believing the hedge fund company is a bargain on a 13% discount and offers returns uncorrelated to wider stock markets.

SHIP sets course for higher dividend and capital return

Tufton Oceanic Assets (SHIP) leaps on board decision to enhance shareholder returns with a plan to start realising assets in 2028.

SHIP soars on course for higher dividend and capital return

Tufton Oceanic Assets (SHIP) leaps after board decision to enhance shareholder returns with a plan to start realising the shipping fund's fleet in 2028.

VNH maintains strong momentum

VietNam Holding Limited (VNH) has published a monthly investor report with the manager highlighting a number of positive economic updates. Trade conti...

QuotedData’s morning briefing 17 January 2024 – RICA, ACRM, APEO, SHED, PPSR

In QuotedData’s morning briefing 17 January 2024: Ruffer Investment Company (RICA) has provided an update for the six months to December 31 2023. The ...