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

abrdn Asian Income announces enhanced dividend policy

abrdn Asian Income Fund says it will introduce an enhanced annual dividend policy of 6.25% of its average NAV (currently equating to a dividend yield ...

QuotedData’s morning briefing 16 January 2025 – HRI, ARR, SRE, RLE

In QuotedData’s morning briefing 16 January 2025: Herald (HRI) says that a second independent proxy adviser – Glass Lewis – has recommended that share...

GRIO shoots down circling buyers as portfolio value slides

Heavily discounted Ground Rents Income says an offer from Victoria Property undervalues the portfolio, which continues to be hit by leasehold and building safety reform.

James Carthew: Higher bond yields deal blow to small-cap recovery

Sliding sterling and elevated gilt yields have made for a painful month for small-cap and renewables trusts, and investors now need to be patient.

LondonMetric makes £124m of sales and acquisitions

LondonMetric Property has sold 10 non-core properties for a total of £74.2m and acquired seven properties for £50.1m. The sales reflect a net initial ...

Ground Rents Income posts new NAV following possible offer for the company

Ground Rents Income Fund has reported a NAV of 59.0p per share in full year results for the year ended 30 September 2024. This means that the possible...

QuotedData’s morning briefing 15 January 2025 – GRID

In QuotedData’s morning briefing 15 January 2025: Gresham House Energy Storage (GRID) announced that it has energised its Melksham project, a 100MW / ...

Saba takes trusts to task in wounding webinar: ‘We are the voice of mom and pop investors’

Activist investor Boaz Weinstein has ripped into the 'boys club' of UK investment companies as he fights seven trusts ahead of shareholder votes on their future.

Nick Train makes rare double buy for UK funds

The veteran UK stockpicker has snapped up a pair of new holdings, in his first buy for a year.

Empiric splashes fundraise cash on Manchester student digs

Empiric Student Property has snapped up more than 100 beds in Manchester, using the proceeds of its fundraise last year.

Home REIT publishes 2023 annual accounts

Home REIT has finally published annual results to the end of August 2023, posting another large write-down in NAV. The company reported that NAV fell ...

Herald highlights significant long term underperformance from Saba

In a further response to the requisition request issued by Saba, the board of Herald (HRI) has issued a statement highlighting the trust’s superior pe...