Main menu
Edison Group
  • Home
  • Sparks
  • Equities

    Equities

    View All Equities

    Equities by Sector

    YXT.com

    MCap

    USD127m

    Last close

    USD23.43

    ▲ 20.23 (632.19%)

    Northern Data Group

    MCap

    EUR486m

    Last close

    EUR7.56

    ▲ 2.33 (44.59%)

    Bodycote

    MCap

    GBP1,572m

    Last close

    GBP9.23

    ▲ 173.00 (23.07%)

  • Sectors

    Sectors

  • Megatrends

    Megatrends

  • Thematics

    Thematics

    View All Thematics

    Latest

  • Audiovisual

    Audiovisual

    View All Audiovisual

    Latest

Take on Trusts – September 2024

Take on Trusts – September 2024

In September, the investment companies team updated investors on abrdn Asian Income Fund (AAIF), which has high-quality Asian exposure with rising dividends, and Utilico Emerging Markets Trust (UEM) as, although the trust’s investee companies are performing well, this is not being reflected in the market. Molten Ventures (GROW) has surpassed its £100m realisation target for FY25 (ending March 2025) with exits from Perkbox, Endomag, Graphcore and M-Files, totalling £124m in exit proceeds. The combining of Witan Investment Trust (WTAN) and Alliance Trust (ATST), expected to complete in early October, holds several potential benefits for the shareholders of WTAN, ATST and the new Alliance Witan trust. Gresham House Energy Storage Fund’s (GRID’s) recent trading update foresees a ‘strong earnings recovery in 2025’ due to rising contractual revenues and the completion of its 2024 construction pipeline. GRID will announce at its November capital markets day a three-year plan to further increase revenues and reduce earnings volatility. Until next time, the investment companies team.

< Previous
Next >

You may also be interested in these:

Investment Companies

Worldwide Healthcare Trust in 60 seconds

Investment Companies

BlackRock Greater Europe Investment Trust in 60 Seconds
Cookie Policy Overview
Edison Group

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping us understand which section of the website you find more interesting and useful. See our Cookie Policy for more information.

Strictly necessary and functional

These cookies are used to deliver our website and content. Strictly necessary cookies relate to our hosting environment, and functional cookies are used to facilitate social logins, social sharing and rich-media content embeds.

Advertising

Advertising Cookies collect information about your browsing habits such as the pages you visit and links you follow. These audience insights are used to make our website more relevant.

Performance

Performance Cookies collect anonymous information designed to help us improve the site and respond to the needs of our audiences. We use this information to make our site faster, more relevant and improve the navigation for all users.