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

James Carthew: 10 questions Saba ignored at ‘scripted’ seminar

Saba's recent webinar was no more than a choreographed attempt to pull the wool over investors' eyes. Here are the key questions Boaz Weinstein refused to answer

abrdn Diversified Income and Growth makes progress on wind-down

abrdn Diversified Income and Growth (ADIG) has announced its annual results for the year to 30 September 2024. The company’s NAV total return was down...

Positive momentum for Gore Street Energy Storage Fund as Californian project energised

Gore Street Energy Storage Fund (GSF) has announced a portfolio update and the energisation of “Big Rock” – the 200 MW / 400 MWh asset in California –...

Glass Lewis reiterates vote “AGAINST” all Saba’s proposed requisitioned resolutions for KPC

Keystone Positive Change (KPC) has noted the publication of the voting recommendation from Glass Lewis, the independent proxy advisor, in relation to ...

Tritax Big Box REIT taps into data centre boom with London development

Tritax Big Box REIT has purchased a 74-acre site at Heathrow, London, where it plans to build one of the largest data centres in the UK. The Manor Far...

QuotedData’s morning briefing 21 January 2025 – USA

In QuotedData’s morning briefing 21 January 2025: Baillie Gifford US Growth Trust (USA) announced its interim results for the six months to 30 Novembe...

Digital 9 slumps as it takes huge hit on Aqua Comms sale price

The chair of Digital 9 Infrastructure acknowledges the sale price for subsea fibre business is 'extremely disappointing'.

Aberforth unveils £14m Brooks stake ahead of AIM exit 

The UK small-cap fund manager builds 5.44% stake in Brooks on the same day it announced plans to quit the junior market.

Edinburgh Worldwide becomes final Saba target to set vote date

The Baillie Gifford-run small-cap portfolio will go head-to-head with the US activist hedge fund on Valentine’s Day.

Edinburgh Worldwide: Protect your investment, protect your trust, vote to stop Saba

Edinburgh Worldwide has published both its annual results for the year ended 31 October 2024 and a circular in relation to the general meeting requisi...

Digital 9 Infrastructure sells Aqua Comms for “extremely disappointing” US$48m

Digital 9 Infrastructure (DGI9) has signed a binding agreement with EXA Infrastructure to sell its Atlantic and Irish Sea subsea fibre business, Aqua ...

European Smaller Companies updates on “Saba’s Damaging Proposals”

The European Smaller Companies Trust (ESCT) has issued a statement this morning in which its board reiterates that it unanimously recommends sharehold...