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Edison Investment Research-Archiv vom 14.12.2023

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14.12.23Invesco Asia Trust - Ready to exploit valuation dislocations in Asia354Invesco Asia Trust's (IAT's) one-year NAV total return (TR) of negative 3.7% (vs negative 3.5% for the benchmark) was limited by the measured Chinese re-opening rebound, as the trust moved to an overweight...
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14.12.23The Merchants Trust - UK equity valuations providing many opportunities240The Merchants Trust (MRCH) manager, Simon Gergel at Allianz Global Investors, has been at the helm for the last 17 years during a variety of market environments. He has remained true to his investment...
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14.12.23Deutsche Beteiligungs - Solid exits in FY23, expanding into private debt508Deutsche Beteiligungs (DBAG) posted a strong 18.1% NAV TR in FY23 (to end-September 2023), which more than offset the NAV TR loss in FY22 of c 13%. Its performance benefited from, among other factors...
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14.12.23AAC Clyde Space - Gathering momentum for FY24 lift-off387AAC Clyde Space's (AAC's) Q323 report was encouraging, although it benefited from a large element of licence income without which the underlying progress was disappointing. The reason for that was summer...
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14.12.23ArborGen Holdings - Mixed trading, but solid long-term growth outlook330ArborGen's H124 results highlighted contrasting trading conditions with challenges in the US offset by a strong performance from Brazil. However, despite the short-term issues, ArborGen remains in prime...
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14.12.23Severfield - FY24 expectations unchanged, order book robust357Severfield's H124 results highlighted profit growth despite declining revenue, and management continues to expect full-year results to be in line with previous guidance. The total order book has also...
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14.12.23BlackRock Greater Europe Investment Trust - Long-term outperformance from high-quality fund283BlackRock Greater Europe Investment Trust (BRGE) has two co-managers: Stefan Gries (since June 2017) and newly appointed Alexandra Dangoor (since September 2023). They highlight that Europe is very...
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14.12.23Creo Medical - UltraSlim launch - kicking off FY24 momentum276Speedboat UltraSlim, Creo's slimmest surgical device, was employed in the first UK surgical procedure (lower gastrointestinal, GI) under the early adopter programme. The commercial launch came earlier...
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