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

QuotedData’s morning briefing 7 December 2023 – UKW, DVNO, FAIR, VOF

In QuotedData’s morning briefing 7 December 2023: Laurence Fumagalli plans to step down from his role as co-head of the Schroders Greencoat LLP team m...

INPP flags buyback as it targets discount after tackling debt

International Public Partnerships says its corporate debt facility will be paid off in the next eight weeks leaving it free to tackle its double-digit discount with a buyback possible.

Lindsell Train trust warns fund managers may have to lift pay cap

A 27% slump in assets in Nick Train and Michael Lindsell's funds may force them to raise a long-standing cap on salary and bonuses, says the investment trust that invests in their firm.

Index-beating Lowland managers concerned by UK’s de-equitisation

Janus Henderson’s UK equity income managers Laura Foll and James Henderson say falling listing numbers mean the UK market is being depleted by takeovers.

Chrysalis teases market with £31.5m disposal ‘visibility’ announcement

Sale of a portfolio holding could increase the asset value of the growth capital fund being spun off from Jupiter Asset Management by 5.5p per share.

River and Mercantile optimistic despite volatility

River and Mercantile UK Micro Cap announced its annual report for the year ended 30 September 2023. NAV total return for the period was  3.81%, compar...

Majedie fails to hit year-end allocation to return driving ‘special’ positions

Speaking to Citywire, Marylebone's Dan Higgins said special investments, which sit at 10% of assets, are taking time to establish given they are opportunity specific.

Majedie misses year-end allocation to return driving ‘special’ positions

Marylebone’s Dan Higgins tells Citywire that special investments, which make up 10% of assets, are taking time to establish since they are opportunity-specific.

Tritax Eurobox spies stabilisation after rate rises knock value

The investor in European warehouses has suffered an asset decline of more than a quarter in the last year but manager Phil Redding is seeing signs of price stablisation.

Another solid year for Schroder AsiaPacific despite challenges

Schroder AsiaPacific Fund (SDP) has announced its annual report for the year ended 30 September 2023. NAV total return for the period was 2.9%, ahead ...

abrdn Property Income Trust captures rental growth with series of deals

abrdn Property Income Trust (API) has captured strong rental growth within its portfolio with three rent reviews in its industrial portfolio. In Brist...

Outperformer BlackRock Frontiers takes a step back from Saudi Arabia

BlackRock Frontier has racked up outperformance of 20% as it reduces exposure to Saudi Arabia, and the Middle East more generally, in favour of Southeast Asia.