BBGI’s Co-CEO Frank Schramm to retire
Duncan Ball will continue as sole CEO of the global infrastructure company.
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
QuotedData’s morning briefing 24 November 2023
QuotedData’s morning briefing for 24 November 2023 CT Private Equity Trust (CTPE) released their quarterly update for the three months ended 30 Septe...
RTW’s Wong: We had to ‘solve’ Acacia situation with Arix
RTW founder Rod Wong says the Arix deal will allow shareholders continued access to the space, while removing disinterested majority shareholder Acacia Research.
Crystal Amber investors voice dissatisfaction with ongoing investments
Over one-third of investors voted against the re-appointment of the directors and their renumeration at the Annual General Meeting.
Hipgnosis faces costly legal battle as it appoints new advisers
A double-edged strategic review update showed that while the music royalty fund's board was making progress addressing its future, it faces a little-publicised court case and is not insured as to the costs of dealing with this claim.
Hipgnosis Songs Fund provides an update on strategic review
Hipgnosis Songs Fund (SONG) has provided an update following the vote against continuation at its recent AGM on 26 October 2023. As part of a strategi...
QuotedData’s morning briefing 23 November 2023 – ANII, WHH
In QuotedData’s morning briefing 23 November 2023: abrdn New India Investment Trust (ANII) announced its interim report for the six months to Septembe...
Baillie Gifford European’s asset value and share price fall to 2019 levels
A tough year for managers Stephen Paice and Chris Davies has seen the trust’s net asset value and share price fall back to the level it was when they took over the trust.
Autumn statement small print gives grounds for optimism
There is a lot of detail in the Autumn statement beynd the headline grabbing news of National Insurance cuts and alchohol duty freezes. With respect t...
Treasury realises immediacy of trust cost issue as FCA looks for interim solution
A policy note accompanying HM Treasury’s draft policy on UK retail disclosure acknowledges the sector needs a more immediate solution.
Asset sale to sister fund lifts NextEnergy Solar shares
The 10%-yielder sold a 60MW solar project to one of its sister funds at a 100% premium, but analysts said the pace of sales was too slow.
Schroder Reit hones in on sustainability in property strategy shake-up
Shareholders of Schroder Reit will be asked to vote on a strategy change to shift the focus to sustainability and extend the termination notice the manager is given.
