GRID forced to suspend dividends on falling earnings
Gresham House Energy Storage Fund (GRID) has released its annual results for the 12 months ending 31 December 2023. GRID’s NAV per share declined 17% ...
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James Carthew: Two tech trusts you should hold for the AI revolution
Here are two listed funds locked into the growth story of artificial intelligence but trading at unjustified discounts to asset value.
Aberforth Split Level Income Trust provides update on wind-up
The board of Aberforth Split Level Income Trust (ASIT) had, in its interim report published on 29 January 2024, shared its views on a possible wind-up...
Hipgnosis: Blackstone trumps Concord with $1.6bn cash bid
Update: Shares in Hipgnosis Songs rise to 106p as investors anticipate counterbid from Concord Chorus after fund’s board switched its recommendation to Blackstone’s cash offer at 104p ($1.30) a share.
Supermarket Income REIT enters French market with €75.3m buy
Supermarket Income REIT has acquired a portfolio of Carrefour supermarkets in France – its first foray into markets outside the UK – through a sale an...
Hipgnosis board backs Blackstone offer
The board of Hipgnosis Songs Fund (SONG) has recommended that shareholders accept the $1.30 per share offer made by Blackstone Europe, via its wholly-...
QuotedData’s morning briefing 29 April 2024 – BOOK, SGI9, SBSI
In QuotedData’s morning briefing 29 April 2024: Literacy Capital (BOOK) has announced its Q1 2024 NAV as well as providing a quarterly trading update....
QD view – Vietnam, big on ambition
Vietnam celebrates its ‘Reunification Day’ on 30th April each year. The date, which is one of the largest public holidays in Vietnam, marks the day wh...
QuotedData’s weekly news show 26th 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...
JEMA shares slide as Russian bank tries to seize JPMorgan assets
Shares in JPMorgan Emerging Europe, Middle East and Africa (JEMA) have been hit as fund manager seeks to stop VTB bank seizing $440m of frozen assets it holds in Moscow.
Stifel: Abrdn-Phoenix fee deal is new factor in UKCM-Tritax merger
The broker reveals that UK Commercial Property’s manager Abrdn has a fee rebate with Phoenix Life that might have a bearing on its proposed £6bn merger with Tritax Big Box.
US Solar’s future hangs in balance with dividend target cut before vote
With a discontinuation vote looming, the small renewables fund slashes its dividend target but softens the blow with a $19m tender offer and the prospect of further capital returns.
