Literacy Capital proposes B shares
Literacy Capital (BOOK) has announced, alongside its notice of its forthcoming AGM on 15 May, that it intends to propose a mechanism to return capital...
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
Derated PRS Reit grows valuation but dividend cover remains elusive
PRS Reit was one of just a handful of listed property funds to grow the value of its portfolio in the second half of 2023, but the 5%-yielder is still chasing dividend cover.
James Carthew: Good funds like GABI shouldn’t wind up at a market low
Shareholders in GCP Asset Backed Income will vote next month on whether to wind up the debt fund. There's a danger investors will pull the plug at the worst point in the cycle.
QuotedData’s morning briefing 8 April 2024 – CLDN, DORE
In QuotedData’s morning briefing 8 April 2024: Caledonia Investments (CLDN) has provided a quarterly NAV and portfolio update, for the period ending 3...
India Capital Growth dropped in March as regulator struck
Shares in strongly performing India mid-cap fund took a knock last month after the Securities and Exchange Board of India clamped down on speculative trading to prevent a market bubble.
Peel Hunt: Seven big trust bargains for when the storm abates
With investment trust discounts at their widest in years, Peel Hunt analysts have picked seven large, out-of-favour listed funds where a share price recovery could be in sight.
QuotedData’s weekly news show 5th April 2024
Thank you to everyone that listened in today, whether you watched the Zoom live or on YouTube. In this week’s show, James Carthew covered the week’s t...
M&A and buybacks remove £3.9bn from trusts in first quarter
Net outflows from the investment company sector have accelerated with the amount of capital withdrawn nearly equalling last year’s £4.2bn, says JP Morgan Cazenove.
QD view – Who’s next on the M&A conveyor belt?
It has been interesting to watch the different merger and acquisition (M&A) activity play out in the real estate sector – and the different boards’ ap...
Milkwood bars Downing Strategic wind-down, wants to run fund for free
Milkwood Capital's Rhys Summerton blocks return of capital by Downing Strategic Micro-Cap, saying he wants to take over the fund's 'carcass' and restore shareholders' losses.
VH Global Sustainable Energy Opportunities builds value in its portfolio
VH Global Sustainable Energy Opportunities (GSEO) has announced its annual results for the year ended 31 December 2023, during which it provided a tot...
North American Income posts modest underperformance in uncertain year
North American Income Trust (NAIT) has published its annual results for the year ended 31 January 2024, a period in which US investors were focused on...
