Companies engaged in the design, development, and support of computer operating systems and applications. This sector also includes companies that provide computer technology consulting services, manufacturing of computer equipment, data storage products, networking products, semi - conductors and components. Companies in this sector include Apple, Google and Rightmove PLC
Greencoat Renewables (GRP) reported final results for the year to 31 December 2020, with key highlights from the year including the following: 2020 Generation increased by 22% to 1,404GWh, 3 per cent below budget. (2019: 1,154GWh) 2020 Net cash generation increased by 36% to €66.4 million (2019: €48.7million) Dividend cover for 2020 of 1.7x Increased the portfolio […]
One of this week’s highlights was Herald’s (HRI’s) annual results for the year ended 31 December 2020. The performance numbers are impressive, a 37% return on NAV and a 51% return for shareholders, helped by some discount narrowing. Herald also celebrated another milestone, you may remember that back in 2017, we published a note – […]
Herald reports impressive returns – Herald Investment Trust has published its annual report for the year ended 31 December 2020. Its NAV increased by 37% over the year. This compares to an increase of 4.9% for the Numis Smaller Companies plus AIM (ex. investment companies) Index – UK assets make up about half the portfolio – and […]
Technology sector trust, Allianz Technology (ATT), has reported interim results to 30 June 2020. It was an outstanding period for the fund, with technology flourishing over the pandemic. ATT’s NAV increased by 36.7%, while the shares delivered a return of 36.9%. Benchmark beat led by remote working and stay at home ATT comfortably beat its […]
The State of Play Gaming has come a long way since the days when it was (unfairly, in our view) regarded as a niche form of entertainment for a niche demographic. Video games have gone mainstream and, somewhat under the radar, become the largest and fastest growing form of media. NewZoo estimates that the global […]
A great year for Herald shareholders – over 2019, investors in Herald Investment Trust made returns of 37.7%. 27.5% of that came from the NAV return and the rest from a narrowing of the trust’s discount from 17.8% to 11.3%. The report says that over the same period the Numis Smaller Companies Index (of UK […]
Augmentum Fintech has announced that it has invested £5m in the on-line mortgage broker and lender, Habito. Habito (www.habito.com) says that it searches the whole market (90+ lenders, 20,000+ mortgages) to find its customers the best mortgage based on their circumstances About Habito Habito describes itself as “transforming the United Kingdom’s £1.3 trillion mortgage market […]
In QuotedData’s other news 15 July 2019: The multi-strategy absolute return fund, Independent Investment Trust (IIT), reported half-year results to 31 May 2019 this morning; the NAV and shares were up by 6.5% and 4.7% respectively. Previously classified as a global fund, IIT is now falls under UK, following the Association of Investment Companies (AICs) recent […]
Polar Capital Technology delivers benchmark beating annuals – Polar Capital Technology (PCT) has this morning announced full-year results to 30 April 2019 with NAV up by 24.7% year-on-year while the shares rose by 17.9%. PCT’s benchmark is the dow jones world technology index; PCT outperformed the benchmark, both last year by 5.6% and this year […]
Augmentum Fintech raises £25.8m after promising first year – Augmentum Fintech (AUGM) published its first set of annual results last month, (click here to read this story) and has this morning announced that it has raised gross proceeds of £25.8m through an equity issue. At the end of first yearly results period, to 31 March […]
Augmentum Fintech off to a good start – Augmentum Fintech has published its first set of accounts covering the period from launch to 31 March 2019. The NAV immediately after launch was 99p, at the end of the period it stood at 109.6p. The shares were trading at a small premium to that level. The […]
Polar Capital Technology amends fees – Polar Capital Technology’s board has decided to amend its management fee to reflect the growth of the fund, strong performance in both absolute and relative terms, and in light of the impact of MiFID II with regard to contributions to research costs. Going forward, the trust will no longer make […]
HgCapital to exit Foundry with strong return – The private equity firm Hg, manager of the tech-focused HgCapital Trust (HGT) has announced the sale of Foundry to Roper Technologies for £410m. Hg acquired Foundry, a leading global developer of high-end visual effects and 3D design software, in 2015. HGT will receive cash proceeds of £28m from […]
Allianz Technology stock selection delivers benchmark beat – In the 13 months to 31 December 2018, Allianz Technology Trust’s (ATT) NAV per share increased by 9.0%. The company’s benchmark index, the Dow Jones World Technology Index (sterling adjusted, total return), increased by 0.1% over the same period. More volatility around tech For the technology sector, […]
Herald Investment Trust (HRI) has announced results for the year ended 31 December 2018. During the year, HRI’s NAV fell by 4.9%, while its share price fell by 8.2%, reflecting a widening of the discount during the period. HRI says that this compares against a fall in the Numis Smaller Companies Index plus AIM (ex. […]
QuotedData join the Master Investor Show 2019 main stage line-up – QuotedData is, once again, a key sponsor for the Master Investor Show. Edward Marten, QuotedData’s CEO, shall join the Main Stage line-up on Saturday, 6 April, at London’s Business Design Centre. We’d love to see as many of you as we can at the event. […]
Shift to global helps Manchester and London outperform- Manchester and London (MNL) has reported an NAV total return per share of 26.9% (2017’s NAV return was 22.3%). This compares well with the benchmark, which is the MSCI UK Investable Market Index, which posted a NAV of 9.23%. Manchester and London has beaten its benchmark over […]
Polar Capital Tech beats its benchmark again – Polar Capital Technology Trust has reported another year of outperformance. In the year to 30 April 2017, NAV rose by just over 56.0%, over the year to end April 2018, it rose by another 22.7%, taking NAV per share to 1,159.69p and the net assets of the company to £1,551.6m. The share price […]
Positive stock selection delivers outperformance for Allianz Technology – Allianz Technology Trust (ATT) announced that for the year to 30 November 2017, the company’s Net Asset Value (NAV) per share increased by 41.0%. The benchmark index, the Dow Jones World Technology (sterling adjusted, total return), increased by 31.5% over the same period, creating an outperformance for the portfolio of […]
UK TMT proves a positive hunting ground for Herald Investment Trust – The Herald Investment Trust (HRI), which invests in smaller Technology, Media and Telecommunications (TMT) companies has delivered its Annual Financial Report to year ending 31st December 2017. The NAV of the Company increased by 26.9% during the year and the share price increased […]
Investment Trust Insider on Blue Prism’s inexorable rise Carthew: the beneficiaries of Blue Prism’s inexorable rise Occasionally, early stage technology companies can produce spectacular share price gains. When this happens, even relatively small investments can make a noticeable difference to a fund’s returns. Regular readers of my column may recall that I wrote about the […]
Allianz Technology Trust reports that it underperformed its benchmark over the year ended 30 November 2016. The NAV increased in the period by 23.8%, finishing at 835.9p as at 30 November 2016 compared with 675.1p as at 30 November 2015. The benchmark index, the Dow Jones World Technology Index (sterling adjusted, total return), increased by 31.7% […]
Herald Investment Trust has announced its annual results for the year ended 31 December 2016. During the year, the Trust’s NAV increased by 22.8% to 1,083.2p per share, whilst the share price increased by 18.4%. This reflected a widening of the discount, over the year, from 15.5% to 18.5%. The Trust says that during the […]
Herald Investment Trust has announced its interim results for the six-months ended 30 June 2016. During the period the Trust’s net asset value per share increased by 0.9% to 889.6p in the first half of 2016. The chairman, Julian Cazalet (pictured) says that this small disguises what has been a very volatile period for the […]
Allianz Technology Trust has announced its interim results for the six months ended 31 May 2016. During the period the Trust’s NAV fell by 1.5% to 665.1p and its share price fell by 5.4% to 598.0p, both of which underperformed the trust’s benchmark, the Dow Jones World Technology Index, which increased by 2.7%. The discount […]
The Board of FastForward is pleased to provide the following strategic update to its shareholders. The Company believes that there are exceptional opportunities available to it in the gaming technology sector. These opportunities are available to the Company largely because of the network of the Company’s Board of Directors, advisers and large shareholders. The Company […]
Polar Capital Technology’s results for the year ended 30 April 2016 have been published. The global technology sector performed better than the broader indices for most of the financial year but finished in line with the FTSE World Index after a sharp decline in several of the leading technology stocks in April. Polar Capital Technology’s […]
Allianz Technology Trust says its NAV increased by 10.3% over the year to 30 November 2015, finishing at 675.1p compared with 612.2p as at 30 November 2014. They outperformed their benchmark index, the Dow Jones World Technology Index, by 3.3% over this period. The market price of the Company’s shares also outperformed the benchmark finishing […]
Herald Investment Trust has announced its annual results for the year ended 31 December 2015. During the period, the company’s NAV grew by 8.4% to 881.8p per share, whilst its share price grew by 13.1% to 745.3p reflecting a narrowing of the discount from 19.0% to 15.5%. Both the share price and the NAV beat […]
Allianz Technology just failed to match the performance of the Dow Jones World technology Index over the six months ending 31 May 2015 – its net asset value rose by 6.6% against 6.8% for the index. The discount narrowed though and that meant that shareholders saw an 8.3% uplift in the ordinary share price. The […]
Over the first half of 2015 Herald Investment Trust’s total return was 7.9% and the share price return was 8.0%. These figures compare to an 8.3% return on the Numis Smaller Companies plus AIM Index and a 6% return on the Russell 2000 small cap. technology Index. The report says they saw a steady stream […]
