Saba: the view from the boards
Boaz Weinstein, head of New York-based hedge fund Saba Capital, pulled no punches when discussing the boards of investment trusts in his recent webcas...
Investment company news brought to you by Citywire Financial Publishers Limited and Quoted Data by Marten & Co.
Protectionist Ruffer sets out stall as antithesis of ‘wildly bullish’ stock market
Ruffer is sceptical on how long the overwhelmingly positive stock market sentiment will last and says its balanced wealth-preservation approach sets it up to weather any outcome.
RTW announces Windward Bio and Umoja Biopharma investments
RTW Biotech Opportunities (RTW) has announced that it has made a new investment in series A fundraising of Windward Bio, a Swiss private, clinical-sta...
QuotedData’s morning briefing 17 January 2025 – ENRG, FGEN, MTU, BOOK
In QuotedData’s morning briefing 17 January 2025: VH Global Energy Infrastructure (ENRG) has energised two additional solar distributed generation (DG...
HydrogenOne’s Elcogen secures investment from SmartCap
HydrogenOne Capital Growth’s (HGEN’s) portfolio company, Elcogen Plc, a leading European manufacturer of solid oxide technology that enables the deliv...
Abrdn Asian Income dials up dividend in discount-closing push
Abrdn Asian Income is offering a higher but less stable dividend yield, as well as a regular continuation vote, as the board aims to narrow its wider discount.
Polar Capital Technology Trust outpacing the market
Leading the line over the last year is the GBP4.8bn Polar Capital Technology Trust plc [LON:PCT], managed by Ben Rogoff who has been running the fund since 2006.
Fight back against Saba! – let us show you how
Saba Capital, a US-based hedge fund, has been on the offensive against the UK’s investment trust sector. Having built substantial stakes in seven inve...
Darwall ups European Opps stake as namesake appears on register
Alexander Darwall, manager of European Opportunities, has increased his holding in his trust while one Rufus Darwall has entered the share register with a significant stake.
Safestore investing in growth
Safestore says that over the year ended 31 October 2024, its EPRA NAV rose by 14.6% to 1091p from 952p, but adjusted diluted EPRA earnings per share f...
Macau Property Opportunities wind up limps on
Macau Property Opportunities has been selling off its portfolio for many years now, and a formal wind down process began in 2022. However, progress ha...
Bankers looks to increased US exposure to address underperformance
Bankers has announced results for the year ended 31 October 2024. Over that period, the trust delivered an NAV return of 21.1%, trailing its benchmark...
