Main menu
Edison Group
  • Home
  • Equities

    Equities

    View All Equities

    Equities by Sector

    Helios Underwriting

    MCap

    GBP179m

    Last close

    GBP2.46

    ▲ 27.00 (12.33%)

    Quadrise

    MCap

    GBP64m

    Last close

    GBP0.04

    ▲ 0.30 (9.09%)

    Actinogen Medical

    MCap

    AUD90m

    Last close

    AUD0.03

    ▲ 0.00 (7.41%)

  • Sectors

    Sectors

  • 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

Take on Trusts – November 2024

Investment Companies

Murray Income Trust in 60 seconds

Subscribe to Edison

Get access to the very latest content matched to your personal investment style.

Sign up for free