Inflation’s heating up (CPI 3.6%/RPI 4.4%) but only a few income trusts are beating it 📈 Worth a look 👀 #quoteddata #research #dividends #investing #inflation.

Stifel analysts recommend investors take some profits on their investment company positions after an impressive rebound from the panic over US tariffs in early April. Their data suggests a few pockets of value too.

Biotech Growth (BIOG) passed its 5yrly continuation vote yesterday with 76.7% of votes in favour, but with over 23% of votes cast against the resolution, the £198m company could be vulnerable to consolidation in the sector, broker Deutsche Numis believes.

NextEnergy Solar (NESF) has published its AGM circular ahead of a discontinuation vote on 20 August triggered by its shares trading at 27% discount in last financial year. This will require 75% support to pass. The board recommends shareholders vote no.

Polar Capital Global Financials Trust (PCFT) recently provided investors with an opportunity to cash in their entire holding at net asset value. These regular exit opportunities are a feature of the trust of which we are big fans.

Gore Street Energy Storage (GSF) has been served with a requisition to call a general meeting and overhaul its board by one of its long-term shareholders, RM Funds, which is critical of the battery fund's poor performance. More details here.

🚨Don't miss '@QuotedData's In The HotSeat' on Friday 18th June at 11am where Matthew Read will be joined by Nicholas Weindling from JPMorgan Japanese. #QuotedData #news #interview #JPMorgan #JFJ.

TwentyFour Income (TFIF) underlined why it is one of the UK’s biggest listed debt funds today with another strong set of annual results and a further increase in the 9.7%-yielder’s dividends.

Foresight Solar (FSFL), the £499m potential bid target that survived a continuation vote last month, commits another £10m to share buybacks and reports a positive trading update. The 0%-yielding shares rise over 2%.

Apax Global Alpha (APAX) invests €4.5m in Foods Connected, a cloud software provider spun off from Hilton Food Group; Menhaden Resource updates on its liquidation and return of capital; and Bellevue Healthcare wins support for its zero discount policy.

Partners Group Private Equity (PEYS) has sold down two top 10 investments, paving the way for the start of much-needed share buybacks with the £679m listed fund stuck on a 29% discount.

Investment companies caught a rare break from the City regulator with the Financial Conduct Authority announcing that London-listed closed-end funds can raise up to 100% of existing share capital without issuing a lengthy prospectus that no one reads!.

Home REIT, the suspended homeless shelter provider, confirms Alvarium Fund Managers, its former alternative investment manager (AIFM) and its principal AlTi Re, have entered administration.

Finsbury Growth & Income (FGT) fund manager Nick Train has used cash from this year’s £5.4bn private equity bid for Hargreaves Lansdown to buy a new position in Auto Trader (AUTO), the £7.2bn secondhand car website @FinsburyGT.

Top-performing @AVIGlobalTrust allocates 3% of its assets into South Korea just as Weiss Korea Opportunity Fund gives up on a cheap market that is trying to dispel longstanding concerns about poor corporate governance.

Deutsche Numis has assessed Saba's 30 disclosed investment trust holdings and found a more conventional “behind the scenes” engagement is reaping results for the activist after its attempts to seize control of seven boards failed spectacularly.

@QuotedData: CGT plays it safe. Value focus. Real asset tilt. Full update below: #QuotedData #CGT #InvestmentTrusts #Research.

Polar Capital Technology (PCT) has rebounded from a “challenging” year to 30 April. Up 34% in 3mths with tech stocks back at 27x forecast earnings, the managers admit short-term upside is "limited" but say AI is most “exciting” market they've ever seen.

We’re in ping pong territory in the bid battle for Warehouse REIT (WHR) after Blackstone yesterday trumped a rival offer from Tritax Big Box (BBOX) for the logistics fund, prompting its board this morning to swing its recommendation back to the US group.

Abrdn European Logistics Income (ASLI) jumps 4% after selling £57m of properties in its managed wind-down and promising a return of capital next month once further disposals are made.