RelatedPosts How blockchain can solve the fake news problem Aberdeen Emerging Markets – The stars may be aligning Investment companies roundup – August 2019 Economic roundup – Aug 2019 Performance data – it was notable that risk appetite increased in April, which pushed up growth-focused trusts such as Lindsell Train and Montanaro UK Smaller Companies.. Read more […]
Performance data – it was notable that risk appetite increased in April, which pushed up growth-focused trusts such as Lindsell Train and Montanaro UK Smaller Companies.. Read more
Money in and out – US Solar Fund launched in April, raising £153m in a well received IPO. Including this launch, net inflows into the sector totalled more than £350m. In absolute terms, Renewables Infrastructure Group led the way, reflecting ongoing interest in the renewable energy space. Elsewhere, Globalworth Real Estate Investments’ near £300m raise will be used to fund the company’s pipeline in Poland and Romania, where it is a leading player. NB Global Floating Rate Income was the biggest returner of cash once again after repurchasing shares worth £17.7m on their sterling line
Discounts/premiums – Such is Lindsell Train Investment Trust’s popularity, it closed the month trading at a premium of 86.2%. For perspective, the premium is more than double the level of any of the other trusts covered (market caps above £15m). As sentiment towards riskier assets improved in April, we generally saw premiums widen and discounts narrow. Elsewhere, Amedeo Air Four Plus and Doric Nimrod Air Three recovered ground as investors’ fears over the impact of Airbus discontinuing the production of A380’s allayed somewhat
Edward Marten is MD of investor research company QuotedData. They provide free information for investors who find it hard to access high-quality, reliable, equity research on UK and European-listed companies. This is a QuotedData release.
We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.