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

Buybacks on Abrdn PE Opps radar as it continues to grow

The discount on the private equity trust refuses to budge despite ongoing strong performance.

Index-beating Mercantile benefits from surging revenues

Mercantile is passing on its revenue to shareholders with an increased dividend payment.

Vietnam Opps bulks up on banks as it predicts 2024 bounceback

VinaCapital Vietnam Opportunities has almost a quarter of its portfolio in financials.

Underwater and over land: 3i Infrastructure sets out growth plans

3i Infrastructure is looking to both subsea cable company GCX and biomethane plant Future Biogas to help fuel returns over the next few years.

Canny shorts keep Fidelity Emerging just ahead of the pack

Clever shorts and ‘pairing trades’ have enabled Fidelity Emerging Market to narrowly beat the index.

Round Hill investors overwhelmingly approve Concord offer

Almost all of voting shareholders opted for the bid, which represented an 11.5% discount to the trust’s asset value, but a 67% premium to the share price at close on 7 September.

'Nimble' SHIP navigates choppy waters but fails to move 28% discount

Shipping fund Tufton Oceanic Assets is struggling to narrow its wide discount despite several board initiatives.

Pantheon International heralds first win in brave new world of buybacks

The first stage of Pantheon International’s ‘bold’ new capital allocation policy has been heralded a success as it tenders £150m of its shares.

Timeline for Shires merger outlined as Abrdn Smaller Cos rejigs portfolio

Deal announced in July is expected to complete by start of December.

Newton cuts Hipgnosis Songs stake as analysts back AVI attack

SONG’s largest shareholder, and an investor since launch five years ago, more than halves its stake after the alternative income fund scrapped its dividend yesterday.

JPMorgan UK Smallers cuts management fee after ‘poisonous cocktail’

JP Morgan Assset Management will receive 10 basis points less in its annual fee as the investment trust battles increasing cost pressures after a difficult half-year.

JPMorgan UK Smallers cuts fee after hit from ‘poisonous cocktail’

JP Morgan Assset Management will receive 10 basis points less in its annual fee as the investment trust battles increasing cost pressures after a difficult half-year.