QuotedData’s investment companies roundup – September 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford.

Money raised and returned in August

GRIT Real Estate Income floated on the UK Stock Exchange in August. Of the $449m of its market capitalisation, it raised an additional $132m for the float. Scottish Mortgage Trust, Baillie Gifford US Growth, Allianz Technology and Edinburgh Worldwide issued new shares to meet shareholder demand.

Third Point Offshore redeemed 5% of its issued share capital held by its underlying master fund. Chenavari Capital Solutions undertook a compulsory repurchase to return capital to shareholders, following an EGM in March. NB Global Floating Rate Income, Templeton Emerging Markets and Alliance Trust continued to repurchase shares.

QuotedData’s investment companies roundup – September 2018