Why London office rents barely moved despite a collapse in demand

45 Walkie Talkies in empty space Tenants demand more from their landlords The laws of supply and demand are simple. An abundance of supply means that prices fall. However, in the post-Covid London office market, things don’t seem so straightforward. According to data from real estate data firm CoStar, the rise of work-from-home means there … Read more

2022’s overlooked fund outperformers – Investors’ Chronicle

We look for smaller funds with high levels of risk-adjusted outperformance The latest selection covers US value, Asian small caps and much more Active funds have not been doing well lately. AJ Bell’s research found that just 30 percent of active open-ended funds from major sectors outperformed the relevant market tracker in the first half … Read more

Tapping into earnings momentum – Investors’ Chronicle

8% organic growth in assets under management to £7.3bn Strong return on real assets Risk to earnings skewed to the upside Organic growth shows no signs of slowing down Gresham House (GHE:810p), a fund manager specializing in renewable energy generation (solar, wind, and battery storage farms), forestry, infrastructure, and public and private equity investment strategies. … Read more

Investment trusts at historically wide discounts

Will investment trust share prices bottom before the rest of the market? Some trusts are extremely cheap relative to their historical level of premium or discount. Arguably, much more turbulence is expected in the financial markets and any investor tempted to buy what appear to be long-term bargains now should prepare for volatility. Mutual fund … Read more

Bottom-fishing for recovery plays – Investors’ Chronicle

First half revenue fell a third to £12.9m Underlying operating profit fell from £2m to £0.6m Analysts maintain earnings expectations for the full year based in Birmingham Tandem (TND:285p), a designer, developer, distributor and retailer of sports, leisure and mobility equipment, highlighted the impact of the ongoing cost-of-living crisis on the group’s H1 performance in … Read more

Accelerating a move to break-even

Operating loss widens due to higher investment in subscription business growth Cash burn has peaked Analysts lower cash loss forecasts for the next two years Cambridge-based technology group Check it (CKT:20p) is accelerating its plan to return to profitability, and directors believe, reassuring investors, that cash burn peaked in the first half of this year. … Read more