Stock details – ISIN – GB00BYQD5059 GBP0.001 All securities under Path Investments Plc will change issuer name to DG Innovate Plc, subject to shareholder approval at the General Meeting. Path Investments plc has announced the publication of a prospectus in relation to the Company`s proposed acquisition of DG Innovate Ltd … Read more
Stock details – GB00B0SPFW38 ORD GBP0.10 Northbridge Industrial Services has announced that with the disposal of the Tasman division now substantially complete, as announced on 1 March 2022, the activities of the Group are now focused on its growing Crestchic power reliability division. In recognition of this strategic repositioning, a resolution … Read more
Stock – GB00B0P6J834 REDOMICILE The Company`s tax residency will move from Jersey to the UK. The Company will remain a Jersey incorporated entity, subject to Jersey law and regulation and the oversight of the JFSC. NAME CHANGE All securities under Aberdeen Asian Income Fund Limited will change issuer name to … Read more
The demise of Neil Woodford’s fund management operation has been an upsetting episode for the company’s employees and clients alike. Coverage suggests the saga will rumble on for some time yet but we wish to focus on the immediate impact to Woodford Patient Capital Trust, a fund established to most … Read more
Nigel Moore, a senior wealth manager at Pilling & Co has been quoted in citywire.co.uk. Read the full article at: http://citywire.co.uk/investment-trust-insider/news/woodford-patient-capital-battered-shares-draw-in-bargain-hunters/a1112723 ‘The top 10 holdings now account for over 60% of the fund with significant biotech and healthcare exposure. I am concerned about the concentration effect. The long tail of 79 … Read more
Nigel Moore, a senior wealth manager at wealth manager Pilling & Co, did not expect Invesco Asia’s discount to narrow from here – in spite of its board’s best efforts. ‘The trust’s long-term performance has been impressive yet recently it has consistently traded at or around a 10% discount to … Read more
Terry Applegate, a wealth manager at Pilling & Co, suggests Empiric’s issue price offers a ‘fairly attractive entry point’, provided the UK economy remains stable and demand for university places proves robust. ‘The one thing that we are not able to plan for at the moment is the potential impact … Read more
As many of the trusts in Asia Pacific excluding Japan currently trades on a discount, Alistair Hodgson, an investment manager at stockbrokers Pilling & Co, suggested investors could be overlooking the sector, in favour of Asian income and broader international equity funds. ‘I would expect the discounts to narrow if … Read more
Alistair Hodgson of Pillings Stockbrokers discussed the results with the BBC’s Stephanie McGovern. “Some of the UK’s biggest firms announced half and full year profits on Thursday. British Gas owned by Centrica has reported a 23% rise in profits in its residential business. However, there is bad news for the … Read more