Greencoat UK Wind shrugs off energy tax with 13% dividend target rise
Greencoat UK Wind is lifting payouts for this year in line with retail prices inflation, after achieving a record return last year from soaring energy prices.
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Pantheon Infrastructure aims for the sun despite ‘unjustified’ discount
Fund manager Richard Sem is finalising a US solar investment as the £500m portfolio looks to deploy its remaining cash and double dividend payments. Shares trade on 'bargain' 8% discount, he says.
Trust Watch Update: Downing Renewables in demand after lifting dividend target
Cheaply rated shares in Downing Renewables and Infrastructure rise after £187m investment trust lifts its dividend target by 7.6% and buys two more hydropower plants in Sweden.
Psst! Want a bargain way into top-performing JPMorgan Global?
If you can get them, C-shares in JPMorgan Global Growth & Income are a cheap route into the trust’s premium-rated ordinary shares ahead of their conversion this month.
Winterflood: RM Funds not right for Home Reit
RM Funds’ proposal that it replace Alvarium as the fund manager of the suspended real estate investment trust has not convinced Winterflood analyst Emma Bird.
Princess scraps currency hedge that cost a divi
Princess Private Equity (PEY) unwinds hedging strategy that became so expensive last year the investment company was forced to scrap its interim dividend.
RIT Capital resumes buybacks with a bang
The Rothschild-backed multi-asset fund splashes £2.9m on 150,000 of its shares to narrow the yawning 21% discount to net asset value.
RIT Capital told to get its share ‘buying boots on’ after discount hits 21%
In its annual results, the Rothschild-backed multi-asset fund seeks to reassure investors about its private equity investments after a share price slump last year.
Home Reit removed from FTSE All-Share
Index compiler FTSE Russell drops the beleagured homeless accommodation provider from FTSE All-Share and three other UK benchmarks in response to the shares's two-month suspension.
Aquila Energy jumps as investors vote against continuation
A majority of proxy votes have gone against Aquila Energy Efficiency Trust which looks to fail its continuation vote at 2pm today. The shares spiked 6.5% at the news.
JPMorgan Cazenove downgrades Mid Wynd after manager changes
Mid Wynd’s broker cuts their rating to neutral after Artemis announced both fund managers were leaving. The global equities trust is now the UK’s cheapest, according to Numis.
James Henderson: It is not too early to invest in green hydrogen firms
Buying the right ground-breaking company early and sitting patiently can be a good investment strategy but, as ITM Power showed, it can also be a painful process.
