QuotedData investment companies roundup – October 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2017. Kindly sponsored by Baillie Gifford.
Amongst the top performers, Alternative Liquidity Fund sold its stake in an Indonesian resort and Syncona investment, NightstarX, listed on NASDAQ. Livermore’s discount narrowed as it released its interim results. Pantheon said it would combine its ordinary and redeemable share classes. This was good news for Miton Global Opportunities which has a holding in the redeemable shares.
At the other end of the scale, Qannas’ shares had a fairly extreme reaction to a small fall in its NAV; British & American’s premium moderated a little; and CatCo Reinsurance Opportunities and Blue Capital Alternative Income made statements in relation to potential losses from the three recent major hurricanes.
Warehouse REIT raised £150m to invest in a portfolio of urban warehouses. BB Healthcare raised another £64m and plans to expand further in the future. Utilico Emerging Markets expanded as holders of 4m subscription shares exercised them. There were no particularly significant returns of capital during September.
QuotedData is pleased to announce that it was awarded Highly Commended, Best Investment Trust Research at the 2017 Investment Week Investment Research Awards for our note on Pacific Horizon.
QuotedData investment companies roundup – October 2017