‘Solid’ 3i Infrastructure could re-rate if rates pressure reverses
Having avoided the downward pressure from rising interest rates, analysts say half-year results leave shares in the top-performer well placed to recover if finance costs peak.
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‘Solid’ 3i Infrastructure could rerate if rates pressure reverses
Analysts say that, having avoided the downward pressure from rising interest rates, half-year results leave shares in the top-performer well placed to recover if finance costs peak.
Banks help Fidelity Special Values beat bearish UK market
Value fund manager Alex Wright keeps investment trust ahead of the FTSE All-Share in year to September but complains UK equities remain extremely lowly rated by international standards.
Picton targets UK Commercial Property for all-share merger
Update: Picton Property Income and Abrdn-run UK Commercial Property are in talks to create a real estate investment trust with total assets of around £2bn.
Seraphim Space eyes private fund as feeder for cash-strapped trust
The early-stage investor in unquoted space technology companies is restricted from raising new money as its shares sit at a painful 67% discount.
European Opportunities Trust responds to Saba Capital Management
European Opportunities Trust has responded to a letter published by Saba Capital Management regarding its opposition to EOT’s proposed tender offer. T...
Two thirds of Abrdn New Dawn investors seek exit before Dragon merger
Stock exchange filing shows 68% of New Dawn shareholders opted to take cash rather than roll over into Abrdn stable mate Asia Dragon making the offer heavily over-subscribed as it was limited to 25%.
UK Commercial Property in merger talks with Picton
Picton Property Income has until 6 December to announce a ‘firm intention’ to make an offer and proceed with an all-share merger.
Impressive returns for BlackRock Greater Europe
BlackRock Greater Europe Investment Trust (BRGE) announced its annual results for the 12 months to 31 August. The company’s NAV returned 19.2% and the...
UK Commercial Property REIT in merger discussions with Picton Property
UK Commercial Property REIT (UKCM) has announced that it is in discussions with Picton Property Income (PCTN) in relation to a possible all-share merg...
QuotedData’s morning briefing 8 November 2023 – HGT
In QuotedData’s morning briefing 8 November 2023: HgCapital Trust (HGT) announced its results for the three months ended September 30 2023. The compan...
Pantheon’s John Singer: Private equity must do ‘hell of a lot more’
Pantheon International chair shows why the trust won Citywire’s ‘Best Board’ award with a passionate explanation of its £200m share buyback programme and what follows next.
