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

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.

Home REIT valuation report reveals 57.7% drop in value to price paid

A new valuation report on Home REIT’s portfolio has revealed a 57.7% reduction to the price it paid for them of £977.0m. The report conducted by JLL, ...

Portfolio update for Cordiant Digital Infrastructure

Cordiant Digital Infrastructure (CORD) has announced that its Czech portfolio company, České Radiokomunikace (CRA), has agreed to acquire a pair of bu...

QuotedData’s morning briefing 20 December 2023 – INPP

In QuotedData’s morning briefing 20 December 2023: International Public Partnerships (INPP) announced a series of measures to optimise the company’s p...

Gresham House-run trusts expect no change as PE deal completes

Gresham House, which runs three trusts and several venture capital trusts, has completed its sale to a US private equity firm.

Introduction to Henderson High Income Trust

In this video, Henderson High Income Trust (HHI) portfolio manager, David Smith, introduces the trust, explains what’s unique about its strategy and d...

Saba lurks as trailing JPMorgan European ‘enhances’ process

Activist investor ups its stake in JPMorgan European Discovery after small company trust reports half-year drop of 11.4%, double its benchmark’s 5.7% retreat.

Saba lurks as trailing JP Morgan European ‘enhances’ process

Activist investor ups its stake in JP Morgan European Discovery after small company trust reports half-year drop of 11.4%, double its benchmark’s 5.7% retreat.

Gore Street gains £16m from Nidec Motor Corp

Japanese engineering group buys 2.8% stake in Gore Street Energy Storage under a five-year strategic partnership.