{ "CurrentPageLength": 58, "CurrentStartItemIndex": 0, "Items": [ { "Id": "research-3_446c1ae8-3fff-4c7f-892a-3b0df4af6252", "ContentId": "3_446c1ae8-3fff-4c7f-892a-3b0df4af6252", "Headline": "Edison - HgT:Recent software sell-off now reflected in NAV", "Synopsis": "HgT reported an NAV total return (TR) decline of 5.4% in Q126, resulting from a 9% impact from a contraction in multiples used to value its holdings, driven by an indiscriminate sell-off in public software stocks. This was partly offset by a 5% contribution from strong earnings growth across its po", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-recent-software-sell-off-now-reflected-in-nav/3_446c1ae8-3fff-4c7f-892a-3b0df4af6252?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/b4bccf4d-f9e6-47a3-a0be-e9eed4bddeca-asset-management-8-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2026-05-11T08:49:38.517", "LastModifiedDateTime": "2026-05-11T08:49:38.5" }, { "Id": "media-26403", "ContentId": "26403", "Headline": "Kepler | Trust Intelligence - HgT: Annual Results 2025", "Synopsis": "", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/media/referrer/26403", "ThumbnailUrl": "https://i.vimeocdn.com/video/2136340660-11c24206133cc3aee5b74eae8aaf33435724f706a6071d1be30f0d74eab5a4a1-d_295x166?region=us", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2026-03-20T00:00:00", "LastModifiedDateTime": "2026-03-20T15:05:27.28" }, { "Id": "research-3_641db6f3-8a4b-4974-983d-c958f1adc996", "ContentId": "3_641db6f3-8a4b-4974-983d-c958f1adc996", "Headline": "Edison - HgT:SaaS and AI go hand in hand", "Synopsis": "HgT’s final FY25 results confirmed the strong underlying last-12-month (LTM) growth in revenue and EBITDA across its portfolio, with final figures at 17% and 19%, respectively (of which 11% and 17% was organic, respectively). This was partly offset by lower comparable multiples and higher net debt", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-saas-and-ai-go-hand-in-hand/3_641db6f3-8a4b-4974-983d-c958f1adc996?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/b4bccf4d-f9e6-47a3-a0be-e9eed4bddeca-asset-management-8-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2026-03-12T08:01:06.23", "LastModifiedDateTime": "2026-03-12T08:01:06.217" }, { "Id": "research-3_c0555821-cefc-4e44-91fd-0aae09f414dc", "ContentId": "3_c0555821-cefc-4e44-91fd-0aae09f414dc", "Headline": "Edison - HgT:SaaS is not dead", "Synopsis": "HgT reported its full-year trading update, posting a 4.0% NAV total return (TR) in FY25, bringing its five- and 10-year NAV TR to 14.1% and 17.0% per year, respectively. The FY25 return was driven by continued strong growth in revenue and EBITDA across HgT’s portfolio of 17% and 20% in 2025, respec", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-saas-is-not-dead/3_c0555821-cefc-4e44-91fd-0aae09f414dc?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/f07ee83e-8c0e-487b-ba6b-2f2c794aa773-asset-management-13-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2026-02-10T16:07:19.23", "LastModifiedDateTime": "2026-02-10T16:07:19.217" }, { "Id": "research-44_f47569ee-da50-4ee0-96cd-e4b30e51c04d", "ContentId": "44_f47569ee-da50-4ee0-96cd-e4b30e51c04d", "Headline": "Kepler | Trust Intelligence - The toad to recovery, and other stories", "Synopsis": "We look back on another year of fascinating research from the team at Kepler, even if we do say so ourselves.", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/the-toad-to-recovery-and-other-stories/44_f47569ee-da50-4ee0-96cd-e4b30e51c04d?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dfc4b5ba-a8a8-41e6-b1a6-1e372c0ca6ab-ticker-tape-on-building-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "Polar Capital Technology Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/polar-capital-technology-trust-plc/PCT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0004220025", "InternalId": "6edb65e5-aa87-4d2a-b209-7da24a32fed5", "Isin": "GB00BR3YV268", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "PCT:LON", "TIDM": "PCT", "BBTicker": "PCT", "AltTicker": "PCT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 3, "TotalMediaCount": 8, "TotalResearchCount": 22, "TotalRnsCount": 2356 }, { "CompanyName": "TR Property Investment Trust PLC Ordinary Shares Class GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/tr-property-investment-trust-plc-ordinary-shares-class-gbp/TRY/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0009064097", "InternalId": "044a4cdf-410f-4182-83cb-15b9d8593709", "Isin": "GB0009064097", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "TRY:LON", "TIDM": "TRY", "BBTicker": "TRY", "AltTicker": "TRY", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 3, "TotalResearchCount": 20, "TotalRnsCount": 1090 }, { "CompanyName": "CT Private Equity Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/ct-private-equity-trust-plc/CTPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0030738271", "InternalId": "552edaab-9394-42cd-9f23-db5430a4376a", "Isin": "GB0030738271", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "CTPE:LON", "TIDM": "CTPE", "BBTicker": "CTPE", "AltTicker": "CTPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 2, "TotalResearchCount": 23, "TotalRnsCount": 229 }, { "CompanyName": "JPMorgan European Growth & Income PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/jpmorgan-european-growth-income-plc-gbp/JEGI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00B18JK166", "InternalId": "2fdd1f82-e8b4-4264-8bc6-b87d40e2a070", "Isin": "GB00BPR9Y246", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "JEGI:LON", "TIDM": "JEGI", "BBTicker": "JEGI", "AltTicker": "JEGI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 3, "TotalResearchCount": 16, "TotalRnsCount": 2386 }, { "CompanyName": "AVI Japan Opportunity Trust Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/avi-japan-opportunity-trust-plc/AJOT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BD6H5D36", "InternalId": "f2e7585b-efe9-41f6-b229-7990fd438067", "Isin": "GB00BD6H5D36", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "AJOT:LON", "TIDM": "AJOT", "BBTicker": "AJOT", "AltTicker": "AJOT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 5, "TotalMediaCount": 6, "TotalResearchCount": 39, "TotalRnsCount": 1411 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "JPMorgan European Discovery Trust plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/jpmorgan-european-discovery-trust-plc/JEDT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BMTS0Z37", "InternalId": "5b9e6881-e2b8-4f54-a5d1-0ad1ccfe148f", "Isin": "GB00BMTS0Z37", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "JEDT:LON", "TIDM": "JEDT", "BBTicker": "JEDT", "AltTicker": "JEDT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 3, "TotalMediaCount": 2, "TotalResearchCount": 39, "TotalRnsCount": 2676 }, { "CompanyName": "3i Infrastructure PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/3i-infrastructure-plc/3IN/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "JE00BF5FX167", "InternalId": "0320fc3b-8a3a-4f41-abef-4529886f1363", "Isin": "JE00BF5FX167", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "3IN:LON", "TIDM": "3IN", "BBTicker": "3IN", "AltTicker": "3IN", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 0, "TotalMediaCount": 0, "TotalResearchCount": 10, "TotalRnsCount": 312 }, { "CompanyName": "Vietnam Enterprise Investments Ltd Red.Shs", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/vietnam-enterprise-investments-ltd-red-shs/VEIL/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "KYG9361H1092", "InternalId": "a1cc1913-1ce5-412b-b446-4a7a89785cc8", "Isin": "BXB5HS-R ", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "VEIL:LON", "TIDM": "VEIL", "BBTicker": "VEIL", "AltTicker": "VEIL", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 18, "TotalResearchCount": 34, "TotalRnsCount": 1872 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-12-26T12:03:38.787", "LastModifiedDateTime": "2025-12-26T12:03:38.723" }, { "Id": "research-3_ced7324e-daa9-4f9d-bf21-d19fc38b368a", "ContentId": "3_ced7324e-daa9-4f9d-bf21-d19fc38b368a", "Headline": "Edison - HgT:A B2B software play driving AI adoption", "Synopsis": "After more volatile public markets and an ‘uncertainty pause’ in global IT spending in early 2025, the environment has become more favourable for HgT, leading to positive NAV TR in Q2 and Q3. We remain convinced in its equity story as a strong compounder benefiting from the secular digitalisation t", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-a-b2b-software-play-driving-ai-adoption/3_ced7324e-daa9-4f9d-bf21-d19fc38b368a?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/a350125c-7c34-4374-ab3f-4f3723c09321-asset-management-12-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-11-20T13:06:55.343", "LastModifiedDateTime": "2025-11-20T13:06:55.327" }, { "Id": "research-3_d4e166ca-dcd2-4494-9db4-e3cf34350a04", "ContentId": "3_d4e166ca-dcd2-4494-9db4-e3cf34350a04", "Headline": "Edison - HgT:NAV rebound continued into Q325", "Synopsis": "HgT has reported its Q325 results with a 2.4% increase in NAV per share, which marks a continuation of the rebound seen in Q225 following the negative impact of a weaker public market environment in Q125. HgT’s NAV total return (TR) for the first nine months (9M25) was therefore 1.9%. A continued p", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-nav-rebound-continued-into-q325/3_d4e166ca-dcd2-4494-9db4-e3cf34350a04?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/57805a0d-3aa2-4eb2-b651-c8512c2018b1-asset-management-7-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-11-07T11:59:23.36", "LastModifiedDateTime": "2025-11-07T11:59:23.33" }, { "Id": "research-44_fa89cc8b-350a-402c-85ea-fd86319823f4", "ContentId": "44_fa89cc8b-350a-402c-85ea-fd86319823f4", "Headline": "Kepler | Trust Intelligence - And now for something completely different", "Synopsis": "Revisiting Yale’s asset allocation framework as AI drives equities higher.", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/and-now-for-something-completely-different/44_fa89cc8b-350a-402c-85ea-fd86319823f4?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/ca5de4b5-06e9-4de9-87a6-17f0ad24fca7-stock-market-prices-board-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "NB Private Equity Partners Limited Class A", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/nb-private-equity-partners-limited-class-a/NBPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "DF2RPP-R", "InternalId": "dfa2398a-f836-4f52-9bdc-638d5960f759", "Isin": "GG00B1ZBD492", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "NBPE:LON", "TIDM": "NBPE", "BBTicker": "NBPE", "AltTicker": "NBPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 6, "TotalResearchCount": 58, "TotalRnsCount": 470 }, { "CompanyName": "Harbourvest Global Private Equity Limited Red.Shs USD", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/harbourvest-global-private-equity-limited-red-shs-usd/HVPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "DSGQWY-R", "InternalId": "cafde6ad-1214-4570-835b-a16f56b847ba", "Isin": "GG00BR30MJ80", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HVPE:LON", "TIDM": "HVPE", "BBTicker": "HVPE", "AltTicker": "HVPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 4, "TotalMediaCount": 3, "TotalResearchCount": 16, "TotalRnsCount": 604 }, { "CompanyName": "Blackrock World Mining Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/blackrock-world-mining-trust-plc/BRWM/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0005774855", "InternalId": "e480db79-a372-4788-9836-8cb1a4fc03e1", "Isin": "GB0005774855", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "BRWM:LON", "TIDM": "BRWM", "BBTicker": "BRWM", "AltTicker": "BRWM", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 4, "TotalMediaCount": 13, "TotalResearchCount": 42, "TotalRnsCount": 1678 }, { "CompanyName": "CT Private Equity Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/ct-private-equity-trust-plc/CTPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0030738271", "InternalId": "552edaab-9394-42cd-9f23-db5430a4376a", "Isin": "GB0030738271", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "CTPE:LON", "TIDM": "CTPE", "BBTicker": "CTPE", "AltTicker": "CTPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 2, "TotalResearchCount": 23, "TotalRnsCount": 229 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "JPMorgan American Investment Trust Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/jpmorgan-american-investment-trust-plc/JAM/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BKZGVH64", "InternalId": "7253b72d-f341-4423-b14a-a2a102e66683", "Isin": "GB00BKZGVH64", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "JAM:LON", "TIDM": "JAM", "BBTicker": "JAM", "AltTicker": "JAM", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 2, "TotalResearchCount": 41, "TotalRnsCount": 3414 }, { "CompanyName": "Molten Ventures PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/other/molten-ventures-plc/GROW/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BY7QYJ50", "InternalId": "5c9aa5fc-e0d8-4196-a0dc-8528649f5283", "Isin": "GB00BY7QYJ50", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Other", "Ticker": "GROW:LON", "TIDM": "GROW", "BBTicker": "GROW", "AltTicker": "GROW", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 8, "TotalResearchCount": 44, "TotalRnsCount": 368 }, { "CompanyName": "BH Macro Ltd GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/bh-macro-ltd-gbp/BHMG/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GG00B1NP5142", "InternalId": "4d85fe61-032a-4150-a62c-dca2193b6e60", "Isin": "GG00BQBFY362", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "BHMG:LON", "TIDM": "BHMG", "BBTicker": "BHMG", "AltTicker": "BHMG", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 3, "TotalResearchCount": 24, "TotalRnsCount": 1825 }, { "CompanyName": "Invesco Bond Income Plus Limited", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/invesco-bond-income-plus-limited/BIPS/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "JE00B6RMDP68", "InternalId": "592b33af-5501-4fad-a307-19d98218f7aa", "Isin": "JE00B6RMDP68", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "BIPS:LON", "TIDM": "BIPS", "BBTicker": "BIPS", "AltTicker": "BIPS", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 4, "TotalResearchCount": 7, "TotalRnsCount": 1716 }, { "CompanyName": "Pantheon International Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/pantheon-international-plc/PIN/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "JH5F8R-R", "InternalId": "6aa2ef7e-a8d1-4a3e-872f-29502e14f957", "Isin": "GB00BP37WF17", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "PIN:LON", "TIDM": "PIN", "BBTicker": "PIN", "AltTicker": "PIN", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 13, "TotalResearchCount": 74, "TotalRnsCount": 799 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-11-05T12:00:29.057", "LastModifiedDateTime": "2025-11-06T10:53:50.787" }, { "Id": "research-44_e44d1d14-120b-4561-ab40-6f912ecc5a11", "ContentId": "44_e44d1d14-120b-4561-ab40-6f912ecc5a11", "Headline": "Kepler | Trust Intelligence - HgCapital Trust", "Synopsis": "HGT offers a unique tech exposure that has delivered strong long-term NAV growth.", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/kepler-trust-intelligence/hgcapital-trust/44_e44d1d14-120b-4561-ab40-6f912ecc5a11?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/580baac5-929f-4234-aa2b-cb0aee5456a1-asset-management-14-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-10-22T15:53:32.933", "LastModifiedDateTime": "2025-10-22T15:53:32.887" }, { "Id": "research-3_cb3089fd-0321-4e52-b690-7b5a7ffc9894", "ContentId": "3_cb3089fd-0321-4e52-b690-7b5a7ffc9894", "Headline": "Edison - Uncovering Trusts – HgT: A deep dive into selected portfolio holdings and H125 results", "Synopsis": "", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/uncovering-trusts-hgt-a-deep-dive-into-selected-portfolio-holdings-and-h125-results/3_cb3089fd-0321-4e52-b690-7b5a7ffc9894?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/580baac5-929f-4234-aa2b-cb0aee5456a1-asset-management-14-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-09-25T13:28:28.14", "LastModifiedDateTime": "2025-09-25T13:28:28.14" }, { "Id": "media-25224", "ContentId": "25224", "Headline": "Kepler | Trust Intelligence - HgT: Interim Results 2025", "Synopsis": "", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/media/referrer/25224", "ThumbnailUrl": "https://i.vimeocdn.com/video/2058289030-4846af4e4d6f15ae373eb70108d24944bba0b0542d5600c3f84bf320f4dfd674-d_295x166?region=us", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-09-14T00:00:00", "LastModifiedDateTime": "2025-09-16T16:31:45.497" }, { "Id": "research-44_4f78a74e-1aee-4206-bad4-6e2ef855a87f", "ContentId": "44_4f78a74e-1aee-4206-bad4-6e2ef855a87f", "Headline": "Kepler | Trust Intelligence - Chronos vs Kairos", "Synopsis": "Our research shows that for investors time, not timing, matters most.", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/chronos-vs-kairos/44_4f78a74e-1aee-4206-bad4-6e2ef855a87f?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dfc4b5ba-a8a8-41e6-b1a6-1e372c0ca6ab-ticker-tape-on-building-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "Aberdeen Asia Focus PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/aberdeen-asia-focus-plc/AAS/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0000100767", "InternalId": "1cfec900-6250-4bd3-b960-76c1dbbe0657", "Isin": "GB00BMF19B58", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "AAS:LON", "TIDM": "AAS", "BBTicker": "AAS", "AltTicker": "AAS", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 8, "TotalMediaCount": 12, "TotalResearchCount": 25, "TotalRnsCount": 2786 }, { "CompanyName": "Blackrock World Mining Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/blackrock-world-mining-trust-plc/BRWM/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0005774855", "InternalId": "e480db79-a372-4788-9836-8cb1a4fc03e1", "Isin": "GB0005774855", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "BRWM:LON", "TIDM": "BRWM", "BBTicker": "BRWM", "AltTicker": "BRWM", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 4, "TotalMediaCount": 13, "TotalResearchCount": 42, "TotalRnsCount": 1678 }, { "CompanyName": "Pacific Horizon Investment Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/pacific-horizon-investment-trust-plc/PHI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0006667470", "InternalId": "c3938ea9-f4f0-4437-ac60-d7e39615405a", "Isin": "GB0006667470", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "PHI:LON", "TIDM": "PHI", "BBTicker": "PHI", "AltTicker": "PHI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 1, "TotalResearchCount": 19, "TotalRnsCount": 1753 }, { "CompanyName": "Scottish Oriental Smaller Companies Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/scottish-oriental-smaller-companies-trust-plc/SST/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0007836132", "InternalId": "adf4a786-642b-48d5-b241-df5af9e2e5e3", "Isin": "GB00BRBL6574", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "SST:LON", "TIDM": "SST", "BBTicker": "SST", "AltTicker": "SST", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 0, "TotalMediaCount": 0, "TotalResearchCount": 24, "TotalRnsCount": 1682 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "Fidelity European Trust PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/fidelity-european-trust-plc-gbp/FEV/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BK1PKQ95", "InternalId": "416d9cdd-f11c-4649-a00d-cb784e29a990", "Isin": "GB00BK1PKQ95", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "FEV:LON", "TIDM": "FEV", "BBTicker": "FEV", "AltTicker": "FEV", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 4, "TotalResearchCount": 54, "TotalRnsCount": 1532 }, { "CompanyName": "Scottish Mortgage Investment Trust Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/scottish-mortgage-investment-trust-plc/SMT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BLDYK618", "InternalId": "17c51502-b11e-4dd0-968a-02623a0784e2", "Isin": "GB00BLDYK618", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "SMT:LON", "TIDM": "SMT", "BBTicker": "SMT", "AltTicker": "SMT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 13, "TotalResearchCount": 36, "TotalRnsCount": 2291 }, { "CompanyName": "Fidelity Special Values PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/fidelity-special-values-plc-gbp/FSV/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BWXC7Y93", "InternalId": "b51b12f0-7a2e-4214-9973-f4f83ffa12a3", "Isin": "GB00BWXC7Y93", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "FSV:LON", "TIDM": "FSV", "BBTicker": "FSV", "AltTicker": "FSV", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 0, "TotalResearchCount": 49, "TotalRnsCount": 1834 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-09-10T12:00:54.017", "LastModifiedDateTime": "2025-09-11T15:09:51.173" }, { "Id": "research-3_810061b0-3b89-4147-889c-f97cf03b693b", "ContentId": "3_810061b0-3b89-4147-889c-f97cf03b693b", "Headline": "Edison - HgT:Public market volatility weighing on H125 return", "Synopsis": "HgT’s muted -0.3% NAV total return (TR) in H125 (according to its preliminary trading update) was negatively affected by public market volatility that reduced HgT’s private portfolio valuations by 4pp. That said, it represents a NAV rebound in Q225 following the -2.0% TR in Q125. Last 12-month (LTM", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-public-market-volatility-weighing-on-h125-return/3_810061b0-3b89-4147-889c-f97cf03b693b?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/9d1e8118-5caf-4c9f-a2d8-61a676bd1ae3-asset-management-5-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-08-06T14:37:14.003", "LastModifiedDateTime": "2025-08-06T14:37:14.003" }, { "Id": "research-3_7d8030d4-b057-471d-bce0-d0e2b96101d7", "ContentId": "3_7d8030d4-b057-471d-bce0-d0e2b96101d7", "Headline": "Edison - HgT – equity proposition", "Synopsis": "", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-equity-proposition/3_7d8030d4-b057-471d-bce0-d0e2b96101d7?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/92828787-2010-4ae1-a582-067fe115649b-asset-management-2-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-06-19T13:01:44.147", "LastModifiedDateTime": "2025-06-19T13:01:44.147" }, { "Id": "research-3_acd5f42d-9b32-47e9-aa1b-2bde791c9e62", "ContentId": "3_acd5f42d-9b32-47e9-aa1b-2bde791c9e62", "Headline": "Edison - A strong tech and IT services compounder", "Synopsis": "HgT’s portfolio of IT software and services companies providing mission-critical, low-spend services to SMEs has maintained its strong sales and earnings momentum on the back of the secular digitalisation trend. Revenue and EBITDA growth in FY24 were 19% and 23% across HgT’s top 20 holdings (at an", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/a-strong-tech-and-it-services-compounder/3_acd5f42d-9b32-47e9-aa1b-2bde791c9e62?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/8295e99c-fd3d-4a0f-839e-33d4dceaa487-asset-management-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-03-26T15:11:09.257", "LastModifiedDateTime": "2025-03-26T15:11:09.163" }, { "Id": "media-23839", "ContentId": "23839", "Headline": "Kepler | Trust Intelligence - HgT annual results 2024", "Synopsis": "", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/media/referrer/23839", "ThumbnailUrl": "https://i.vimeocdn.com/video/1989824666-3f1646c5e4656e4cf9f4088d2857415fdbf42443c5f4b1269f807b881ab2981c-d_295x166", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-03-10T00:00:00", "LastModifiedDateTime": "2025-03-11T16:01:30.35" }, { "Id": "research-3_1bdbf750-5603-4844-8005-d627468da5a2", "ContentId": "3_1bdbf750-5603-4844-8005-d627468da5a2", "Headline": "Edison - Transaction activity picked up in 2024", "Synopsis": "HgT reported a robust 10.1% preliminary NAV total return (TR) in FY24 (of which 4.4% in Q424), which the company highlighted was primarily driven by the strong trading performance of the underlying portfolio (in line with HgT’s long-term track record). The last-twelve-month revenue and EBITDA growt", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/transaction-activity-picked-up-in-2024/3_1bdbf750-5603-4844-8005-d627468da5a2?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dafa1a49-1dff-4f1c-b11d-5085c47dc6ab-asset-management-15-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2025-02-03T16:46:05.547", "LastModifiedDateTime": "2025-02-03T16:46:05.53" }, { "Id": "research-44_ee09619d-42a6-480d-b287-9472839eff26", "ContentId": "44_ee09619d-42a6-480d-b287-9472839eff26", "Headline": "Kepler | Trust Intelligence - All I want for Christmas - is an investment trust on a juicy discount...", "Synopsis": "Investment trust discounts, under the right circumstances, could provide investors with significant return potential…", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/all-i-want-for-christmas-is-an-investment-trust-on-a-juicy-discount-/44_ee09619d-42a6-480d-b287-9472839eff26?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/ca5de4b5-06e9-4de9-87a6-17f0ad24fca7-stock-market-prices-board-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "Harbourvest Global Private Equity Limited Red.Shs USD", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/harbourvest-global-private-equity-limited-red-shs-usd/HVPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "DSGQWY-R", "InternalId": "cafde6ad-1214-4570-835b-a16f56b847ba", "Isin": "GG00BR30MJ80", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HVPE:LON", "TIDM": "HVPE", "BBTicker": "HVPE", "AltTicker": "HVPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 4, "TotalMediaCount": 3, "TotalResearchCount": 16, "TotalRnsCount": 604 }, { "CompanyName": "Schroder Japan Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/schroder-japan-trust-plc/SJG/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0008022849", "InternalId": "cd32fea5-db4e-4f3f-b048-1fc1911fa4e3", "Isin": "GB0008022849", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "SJG:LON", "TIDM": "SJG", "BBTicker": "SJG", "AltTicker": "SJG", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 9, "TotalResearchCount": 27, "TotalRnsCount": 1576 }, { "CompanyName": "CT Private Equity Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/ct-private-equity-trust-plc/CTPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0030738271", "InternalId": "552edaab-9394-42cd-9f23-db5430a4376a", "Isin": "GB0030738271", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "CTPE:LON", "TIDM": "CTPE", "BBTicker": "CTPE", "AltTicker": "CTPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 2, "TotalResearchCount": 23, "TotalRnsCount": 229 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "Fidelity Emerging Markets Limited Red Pref Shs GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/fidelity-emerging-markets-limited-red-pref-shs-gbp/FEML/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GG00B4L0PD47", "InternalId": "c8f6c4c9-f638-4107-a358-40936b57d3ea", "Isin": "GG00B4L0PD47", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "FEML:LON", "TIDM": "FEML", "BBTicker": "FEML", "AltTicker": "FEML", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 5, "TotalResearchCount": 27, "TotalRnsCount": 1751 }, { "CompanyName": "Pantheon International Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/pantheon-international-plc/PIN/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "JH5F8R-R", "InternalId": "6aa2ef7e-a8d1-4a3e-872f-29502e14f957", "Isin": "GB00BP37WF17", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "PIN:LON", "TIDM": "PIN", "BBTicker": "PIN", "AltTicker": "PIN", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 13, "TotalResearchCount": 74, "TotalRnsCount": 799 }, { "CompanyName": "Allianz Technology Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/allianz-technology-trust-plc/ATT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "VXM9TR-R", "InternalId": "20dfc186-f3ca-4013-a0ba-654c0a51903c", "Isin": "GB00BNG2M159", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "ATT:LON", "TIDM": "ATT", "BBTicker": "ATT", "AltTicker": "ATT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 6, "TotalMediaCount": 4, "TotalResearchCount": 17, "TotalRnsCount": 1570 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-12-18T12:00:39.453", "LastModifiedDateTime": "2024-12-27T10:16:25.573" }, { "Id": "research-3_34120xxx-a932-2179-3755-427e2927e9a8", "ContentId": "3_34120xxx-a932-2179-3755-427e2927e9a8", "Headline": "Edison - HgT - Steady earnings growth, stable market multiples", "Synopsis": "HgT reported sustained healthy earnings momentum across its major holdings (driven primarily by upselling and cross-selling opportunities), contributing 5pp to its NAV performance in Q324. Its top 20 holdings (which make up 76% of its portfolio value) posted last 12-month sales growth of 20% (of which 12% was organic) and 24% EBITDA growth to end-September 2024, achieved at a 34% average EBITDA margin. The positive earnings impact on NAV was offset by adverse currency movements (sterling strengthening) of 3pp, the main contributor to the 0.9% NAV total return (TR) decline in Q324. The negative fx changes partly reversed post quarter-end. Continued positive momentum across HgT’s portfolio, coupled with stable valuation multiples since the start of the year, brought HgT’s year-to-date NAV TR to 5.5%. This was accompanied by an average 16% uplift to previous carrying value for full and partial realisations completed to date. HgT’s five- and 10-year NAV TR remains strong at 17.6% and 18.4% pa, respectively.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-steady-earnings-growth-stable-market-multiples/3_34120xxx-a932-2179-3755-427e2927e9a8?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/4420f9bf-9900-42fe-8a59-47b7a7bd040f-asset-management-6-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-11-07T17:20:52.907", "LastModifiedDateTime": "2024-11-07T17:20:52.907" }, { "Id": "media-21643", "ContentId": "21643", "Headline": "Doceo - HgT Interim Results", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/21643", "ThumbnailUrl": "https://i.vimeocdn.com/video/1926363935-3fdd2583478bb9d6c3c1fd1a7c4b1c7709f6035ce08fccc92d7ec0103bba147c-d_295x166", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/usa/financial-services/hgcapital-trust-plc/HGCTF/OTC", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "NVC7BZ-R", "InternalId": "70c543a2-9b83-4324-876d-bf498127ccb2", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGCTF:OTC", "TIDM": "HGCTF", "BBTicker": "HGCTF", "AltTicker": "HGCTF", "AltExchange": "US", "Exchange": "OTC", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 1, "TotalResearchCount": 0, "TotalRnsCount": 0 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-09-16T05:45:01", "LastModifiedDateTime": "2024-09-16T07:05:07.34" }, { "Id": "media-21639", "ContentId": "21639", "Headline": "Kepler | Trust Intelligence - Monthly roundup: launch of AVGI, news on TRIG and PRS and the most popular investments in August", "Synopsis": "", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/media/referrer/21639", "ThumbnailUrl": "https://img.youtube.com/vi/P8FiRrgFSYk /mqdefault.jpg", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "Alliance Witan PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/alliance-witan-plc/ALW/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00B11V7W98", "InternalId": "5e429bd8-73cc-4456-80ec-32bf84099c41", "Isin": "GB00B11V7W98", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "ALW:LON", "TIDM": "ALW", "BBTicker": "ALW", "AltTicker": "ALW", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 8, "TotalMediaCount": 28, "TotalResearchCount": 42, "TotalRnsCount": 3750 }, { "CompanyName": "Greencoat UK Wind Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/greencoat-uk-wind-plc/UKW/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00B8SC6K54", "InternalId": "167d5f93-493b-4fd9-ad1b-f50c2e1b1586", "Isin": "GB00B8SC6K54", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "UKW:LON", "TIDM": "UKW", "BBTicker": "UKW", "AltTicker": "UKW", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 4, "TotalMediaCount": 35, "TotalResearchCount": 51, "TotalRnsCount": 1004 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "Scottish Mortgage Investment Trust Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/scottish-mortgage-investment-trust-plc/SMT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BLDYK618", "InternalId": "17c51502-b11e-4dd0-968a-02623a0784e2", "Isin": "GB00BLDYK618", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "SMT:LON", "TIDM": "SMT", "BBTicker": "SMT", "AltTicker": "SMT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 13, "TotalResearchCount": 36, "TotalRnsCount": 2291 }, { "CompanyName": "JPMorgan Global Growth & Income PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/jpmorgan-global-growth-income-plc-gbp/JGGI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BYMKY695", "InternalId": "33de7689-cb74-4d04-8c04-11d6276e5006", "Isin": "GB00BYMKY695", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "JGGI:LON", "TIDM": "JGGI", "BBTicker": "JGGI", "AltTicker": "JGGI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 4, "TotalMediaCount": 11, "TotalResearchCount": 38, "TotalRnsCount": 4089 }, { "CompanyName": "Renewables Infrastructure Group Limited GBP Red.Shs", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/renewables-infrastructure-group-limited-gbp-red-shs/TRIG/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GG00BBHX2H91", "InternalId": "e6827118-eb2c-47af-b32c-89ec36729d74", "Isin": "GG00BBHX2H91", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "TRIG:LON", "TIDM": "TRIG", "BBTicker": "TRIG", "AltTicker": "TRIG", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 3, "TotalEventCount": 0, "TotalMediaCount": 5, "TotalResearchCount": 50, "TotalRnsCount": 957 }, { "CompanyName": "Aberforth Geared Value & Income Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/aberforth-geared-value-income-trust-plc/AGVI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "NDF36G-R", "InternalId": "5b7d43ff-66ba-4b86-9f4b-b8820608045e", "Isin": "GB00BPJMQ253", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "AGVI:LON", "TIDM": "AGVI", "BBTicker": "AGVI", "AltTicker": "AGVI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 1, "TotalResearchCount": 4, "TotalRnsCount": 512 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-09-12T00:00:00", "LastModifiedDateTime": "2024-09-12T16:51:50.29" }, { "Id": "media-21575", "ContentId": "21575", "Headline": "Edison - HgT in 60 seconds", "Synopsis": "", "ProviderName": "Edison", "Url": "https://www.research-tree.com/media/referrer/21575", "ThumbnailUrl": "https://img.youtube.com/vi/WlwZFVDDvxk/mqdefault.jpg", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-08-27T11:47:12", "LastModifiedDateTime": "2026-04-16T11:05:21.797" }, { "Id": "media-21478", "ContentId": "21478", "Headline": "Kepler | Trust Intelligence - Monthly roundup: private equity dealings and highlights from July's small cap event 'encore'", "Synopsis": "", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/media/referrer/21478", "ThumbnailUrl": "https://img.youtube.com/vi/4DIjGzdCX7A/mqdefault.jpg", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "Aberdeen Asia Focus PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/aberdeen-asia-focus-plc/AAS/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0000100767", "InternalId": "1cfec900-6250-4bd3-b960-76c1dbbe0657", "Isin": "GB00BMF19B58", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "AAS:LON", "TIDM": "AAS", "BBTicker": "AAS", "AltTicker": "AAS", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 1, "TotalEventCount": 8, "TotalMediaCount": 12, "TotalResearchCount": 25, "TotalRnsCount": 2786 }, { "CompanyName": "Brown Advisory US Smaller Companies PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/brown-advisory-us-smaller-companies-plc-gbp/BASC/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0003463402", "InternalId": "ae3cb4fa-b343-409b-b760-0f936684be59", "Isin": "GB0003463402", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "BASC:LON", "TIDM": "BASC", "BBTicker": "BASC", "AltTicker": "BASC", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 4, "TotalResearchCount": 36, "TotalRnsCount": 1998 }, { "CompanyName": "Blackrock World Mining Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/blackrock-world-mining-trust-plc/BRWM/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0005774855", "InternalId": "e480db79-a372-4788-9836-8cb1a4fc03e1", "Isin": "GB0005774855", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "BRWM:LON", "TIDM": "BRWM", "BBTicker": "BRWM", "AltTicker": "BRWM", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 4, "TotalMediaCount": 13, "TotalResearchCount": 42, "TotalRnsCount": 1678 }, { "CompanyName": "Artemis UK Future Leaders plc GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/artemis-uk-future-leaders-plc-gbp/AFL/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00B1FL3C76", "InternalId": "e34c8aed-fb9c-4953-9645-e538bf0b609e", "Isin": "GB00B1FL3C76", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "AFL:LON", "TIDM": "AFL", "BBTicker": "AFL", "AltTicker": "AFL", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 4, "TotalResearchCount": 30, "TotalRnsCount": 1384 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "Schroder British Opportunities Trust Plc", "CompanyUrl": "https://www.research-tree.com/companies/uk/other/schroder-british-opportunities-trust-plc/SBO/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "NKNDQR-R", "InternalId": "9c9406c0-19af-45f1-9bfe-59b14b7d7629", "Isin": "GB00BN7JZR28", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Other", "Ticker": "SBO:LON", "TIDM": "SBO", "BBTicker": "SBO", "AltTicker": "SBO", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 4, "TotalResearchCount": 4, "TotalRnsCount": 1077 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-08-08T00:00:00", "LastModifiedDateTime": "2024-08-08T11:17:11.857" }, { "Id": "research-3_33863xxx-31aa-98f5-db48-f344e91a8faf", "ContentId": "3_33863xxx-31aa-98f5-db48-f344e91a8faf", "Headline": "Edison - HgT - Consistent returns from private tech businesses", "Synopsis": "HgT posted a 12-month net asset value (NAV) total return of 12.2% to end June 2024 (based on preliminary unaudited H124 valuations), maintaining its impressive long-term track record, at 18.6% and 18.3% pa over the last five and 10 years, respectively. Despite the still modest exit activity in the global private equity market, HgT received £347m (or 15% of opening NAV) in proceeds from exits and refinancings in H124. The four full and partial exits signed in 2024 were agreed at an average 13% uplift to their previous carrying values, reinforcing HgT’s portfolio valuations. Accounting for all deals announced to date, HgT’s pro forma available liquid resources were £508m, a robust 70% commitment coverage ratio.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-consistent-returns-from-private-tech-businesses/3_33863xxx-31aa-98f5-db48-f344e91a8faf?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/3b6223cb-a60b-4da3-b227-3c64c708d558-asset-management-11-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-08-06T18:22:16.787", "LastModifiedDateTime": "2024-08-06T18:22:16.787" }, { "Id": "research-3_33833xxx-35cc-86d6-7bfb-b5ca2c11ec9e", "ContentId": "3_33833xxx-35cc-86d6-7bfb-b5ca2c11ec9e", "Headline": "Edison - HgT - Preliminary H124 NAV total return of 5.6%", "Synopsis": "HgT has published its preliminary unaudited H124 trading update, reporting a 5.6% NAV total return (TR) in H124 (of which 3.0% was in Q124). HgT’s NAV TR remains primarily driven by the solid last 12-month top-line and EBITDA momentum, which stood at 20% and 25% to end-June 2024 across its top 20 companies (making up 78% of its portfolio value), compared to 24% and 29% at end-March 2024, respectively. Despite the still modest exit activity across the global private equity market, HgT collected £347m (or 15% of opening NAV) in proceeds from exits and refinancings in H124. Its discount to NAV closed recently, translating into a year to date share price TR of more than 20%.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-preliminary-h124-nav-total-return-of-5-6-/3_33833xxx-35cc-86d6-7bfb-b5ca2c11ec9e?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dafa1a49-1dff-4f1c-b11d-5085c47dc6ab-asset-management-15-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-07-29T16:01:09.567", "LastModifiedDateTime": "2024-07-29T16:01:09.553" }, { "Id": "media-21102", "ContentId": "21102", "Headline": "Edison - HgT - equity proposition", "Synopsis": "", "ProviderName": "Edison", "Url": "https://www.research-tree.com/media/referrer/21102", "ThumbnailUrl": "https://img.youtube.com/vi/ZMHnt7AtN6M/mqdefault.jpg", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-06-17T11:13:04", "LastModifiedDateTime": "2026-04-16T11:05:42.31" }, { "Id": "research-3_33388xxx-09b9-cae4-35bf-0e305a0281be", "ContentId": "3_33388xxx-09b9-cae4-35bf-0e305a0281be", "Headline": "Edison - HgT - Strong earnings growth and realisations in FY23", "Synopsis": "HgCapital Trust (HgT) posted an 11.1% NAV total return in FY23 (based on final audited numbers), which allowed it to sustain strong five- and 10-year returns of 20.4% and 18.4% pa, respectively. This has been mostly driven by robust earnings momentum across its portfolio. HgT defied the tough private equity exit environment, generating £345.9m of total realisation proceeds excluding carried interest in FY23. Moreover, it has a healthy commitment coverage ratio of 73% (based on current pro forma figures). The market has rewarded HgT through a narrowing discount to NAV, which now stands at c 6% (vs c 22% at end-2022).", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-strong-earnings-growth-and-realisations-in-fy23/3_33388xxx-09b9-cae4-35bf-0e305a0281be?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/fac8a7a6-9739-4b88-af30-667a14959909-asset-management-10-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-03-22T15:20:48.747", "LastModifiedDateTime": "2024-03-22T15:20:48.73" }, { "Id": "media-20331", "ContentId": "20331", "Headline": "Doceo - HgCapital Trust - March 2024 update", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/20331", "ThumbnailUrl": "https://i.vimeocdn.com/video/1811486133-50aebbeec9f4b6ad55ed98237e289a37849408d30b3584cd44d683f8c4c9b104-d_295x166", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/germany/financial-services/hgcapital-trust-plc/5AC/FRA", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "V01DW0-R", "InternalId": "90316a5a-03a1-4122-9436-ff699d9a6a63", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "5AC:FRA", "TIDM": "5AC", "BBTicker": "5AC", "AltTicker": "5AC", "AltExchange": "GR", "Exchange": "FRA", "TotalBlogCount": 0, "TotalEventCount": 0, "TotalMediaCount": 1, "TotalResearchCount": 0, "TotalRnsCount": 0 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-03-08T16:52:44", "LastModifiedDateTime": "2024-03-11T11:13:10.067" }, { "Id": "research-3_33213xxx-e89a-f6bd-5174-6cc3dbf7a08e", "ContentId": "3_33213xxx-e89a-f6bd-5174-6cc3dbf7a08e", "Headline": "Edison - HgT - Preliminary FY23 NAV TR at 10.7%", "Synopsis": "HgT’s preliminary unaudited FY23 trading update reported a 10.7% net asset value total return (NAV TR) in FY23 (of which c 1% in Q423). This was supported by continued strong trading across its portfolio, with the top 20 holdings (representing 77% of the portfolio’s value) posting average revenue and EBITDA growth of 25% and 28% respectively. HgT therefore sustained its multi-year track record of delivering c 20–30% pa revenue and EBITDA growth. Despite muted global M&A activity and private equity exits, HgT had a good level of liquidity events in FY23 with £343m of proceeds from exits and refinancings. The discount narrowing from 23% to 13% during FY23 (now c 14%) translated into a share price TR of 26.2%.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgt-preliminary-fy23-nav-tr-at-10-7-/3_33213xxx-e89a-f6bd-5174-6cc3dbf7a08e?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/f07ee83e-8c0e-487b-ba6b-2f2c794aa773-asset-management-13-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2024-02-05T12:01:45.973", "LastModifiedDateTime": "2024-02-05T12:01:45.973" }, { "Id": "research-3_32706xxx-30c8-8c7a-a628-5de46906a9b8", "ContentId": "3_32706xxx-30c8-8c7a-a628-5de46906a9b8", "Headline": "Edison - HgCapital Trust - Seizing ‘buy-and-build’ opportunities", "Synopsis": "HgCapital Trust (HGT) delivered a 4.6% NAV TR in H123, with its performance continuing to be mostly driven by robust trading across its portfolio (with the associated increase in portfolio value in H123 of £203.8m, or 8.3% of end-2022 portfolio value) and a minor positive impact from multiples (£34.1m or 1.4%). Hg was cautious in terms of new platform investments in H123, but saw record high M&A activity across its portfolio, highlighting increasingly attractive pricing and a strong flow of opportunities for smaller bolt-on investments. HGT’s 60% coverage of outstanding investment commitments by its liquid resources makes the trust well positioned for a potential uptick in PE deal activity.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-seizing-buy-and-build-opportunities/3_32706xxx-30c8-8c7a-a628-5de46906a9b8?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dfc4b5ba-a8a8-41e6-b1a6-1e372c0ca6ab-ticker-tape-on-building-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2023-09-22T17:45:00.8", "LastModifiedDateTime": "2023-09-22T17:45:00.783" }, { "Id": "research-44_9cf8ede2-fb48-4e14-bfd0-2f9eec19ea66", "ContentId": "44_9cf8ede2-fb48-4e14-bfd0-2f9eec19ea66", "Headline": "Kepler | Trust Intelligence - HgCapital", "Synopsis": "Private equity trust with narrow focus, but interims show portfolio’s underlying resilience...", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/kepler-trust-intelligence/hgcapital/44_9cf8ede2-fb48-4e14-bfd0-2f9eec19ea66?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/ca5de4b5-06e9-4de9-87a6-17f0ad24fca7-stock-market-prices-board-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2023-09-22T11:00:00", "LastModifiedDateTime": "2023-09-28T14:19:35.177" }, { "Id": "media-18848", "ContentId": "18848", "Headline": "Doceo - HgCapital Trust - September 2023 Update", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/18848", "ThumbnailUrl": "https://i.vimeocdn.com/video/1724510866-a6b46fab9a8129a12d988a426c36755e64400ee652349e82a4da08ef62a269a7-d_295x166", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2023-09-20T08:00:02", "LastModifiedDateTime": "2023-09-20T10:06:42.82" }, { "Id": "research-3_32417xxx-df1b-e230-3d85-8c8b5dcd2bf6", "ContentId": "3_32417xxx-df1b-e230-3d85-8c8b5dcd2bf6", "Headline": "Edison - HgCapital Trust - High quality, high growth, high margin", "Synopsis": "HgCapital Trust (HGT) continues to operate against the backdrop of a tougher macroeconomic environment, muted M&A markets and higher interest rates. Nevertheless, it delivered a 12-month NAV TR to end-March 2023 of 10.3%, which supports its longer-term outperformance of listed PE peers and major public indices. While Hg (its investment manager) expects some pressure on sales to new customers across HGT’s portfolio, it sees several other organic growth drivers, including cross- and up-sell. Last 12 month (LTM) revenue and EBITDA growth to end-March 2023 remained high across its top 20 holdings at 30% and 27%, respectively.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-high-quality-high-growth-high-margin/3_32417xxx-df1b-e230-3d85-8c8b5dcd2bf6?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/4420f9bf-9900-42fe-8a59-47b7a7bd040f-asset-management-6-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2023-06-16T12:22:46.53", "LastModifiedDateTime": "2023-06-16T12:22:46.5" }, { "Id": "research-3_32096xxx-59a4-96f9-9e02-cb2dc74a3aa5", "ContentId": "3_32096xxx-59a4-96f9-9e02-cb2dc74a3aa5", "Headline": "Edison - HgCapital Trust - Improving its commitment coverage ratio", "Synopsis": "HgCapital Trust (HGT) posted a 5.4% NAV total return (TR) in FY22, mostly assisted by continued good earnings momentum (revenue and EBITDA across the top 20 holdings increased in 2022 by 30% and 25%, respectively) and the average 28% uplift to end-2021 carrying value achieved on exits. This was only partly offset by lower multiples and higher net debt across HGT’s portfolio (with net debt to last 12-month EBITDA for the top 20 holdings at 8.0x at end-2022). HGT’s recent balance sheet measures strengthen its near- to medium-term liquidity.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-improving-its-commitment-coverage-ratio/3_32096xxx-59a4-96f9-9e02-cb2dc74a3aa5?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/57805a0d-3aa2-4eb2-b651-c8512c2018b1-asset-management-7-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2023-03-16T16:10:13", "LastModifiedDateTime": "2023-03-17T16:40:54.667" }, { "Id": "media-17644", "ContentId": "17644", "Headline": "Doceo - Latest Update", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/17644", "ThumbnailUrl": "https://i.vimeocdn.com/video/1630882430-e664f08349377b8513dfb7afe8cdced92253d4b48f58d7e86479920e273d972c-d_295x166", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2023-03-13T10:11:04", "LastModifiedDateTime": "2023-03-13T14:38:48.65" }, { "Id": "research-3_31599xxx-d2b8-c87d-a55b-18f7470ae2ec", "ContentId": "3_31599xxx-d2b8-c87d-a55b-18f7470ae2ec", "Headline": "Edison - HgCapital Trust - NAV resilient, but near-term outlook uncertain", "Synopsis": "HgCapital Trust (HGT) posted a 2.3% increase in NAV per share total return (TR) in Q322, as positive earnings growth across the portfolio over the last 12 months (LTM) again outweighed multiple contraction. Despite the latter, the average EV/LTM EBITDA across HGT’s top 20 holdings stands at 28.8x vs 27.4x at end-2021 (see our previous note for a discussion on HGT’s valuations). The weaker global economy and tightening credit conditions weigh on both HGT’s near-term portfolio performance outlook and private equity deal activity. Still, the secular digitalisation trend remains intact with, as Gartner forecasted in October 2022, growth in global software and IT services spending of 11.3% and 7.9% in 2023, respectively. HGT’s shares trade at a 18% discount to NAV, while they traded close to NAV in 2021.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-nav-resilient-but-near-term-outlook-uncertain/3_31599xxx-d2b8-c87d-a55b-18f7470ae2ec?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/b579ca8e-bcca-466a-9b40-4c340fdc48b0-financial-ticker-board-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-11-15T09:44:49.387", "LastModifiedDateTime": "2022-11-15T09:44:49.123" }, { "Id": "media-15693", "ContentId": "15693", "Headline": "Doceo - HgCapital Trust: Two minute elevator pitch", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/15693", "ThumbnailUrl": "https://i.vimeocdn.com/video/1261429129-e738a163c79e8031e2e26c7bbe7a2a30ba127df71916f9824_640", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-10-07T18:10:29", "LastModifiedDateTime": "2023-02-14T11:56:01.7" }, { "Id": "research-44_a08ff3fc-c406-416a-ab28-7eb50c0bfa3d", "ContentId": "44_a08ff3fc-c406-416a-ab28-7eb50c0bfa3d", "Headline": "Kepler | Trust Intelligence - HG Capital Trust", "Synopsis": "Specialist private equity trust, on a rare discount to NAV...", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/kepler-trust-intelligence/hg-capital-trust/44_a08ff3fc-c406-416a-ab28-7eb50c0bfa3d?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dfc4b5ba-a8a8-41e6-b1a6-1e372c0ca6ab-ticker-tape-on-building-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-10-07T11:00:01", "LastModifiedDateTime": "2022-11-17T10:19:18.717" }, { "Id": "research-3_31321xxx-58c4-a4f9-4091-40bcb7778671", "ContentId": "3_31321xxx-58c4-a4f9-4091-40bcb7778671", "Headline": "Edison - HgCapital Trust - Business as usual for boring but critical tech", "Synopsis": "HgCapital Trust (HGT) consistently executes its successful active ownership strategy, undeterred by the turbulent macroeconomic conditions. It has invested a net amount of c £332m ytd (16% of opening NAV) in announced deals (closed and to be closed), all in the manager’s (Hg’s) core areas of software and services expertise. Moreover, HGT should receive net proceeds of c £180m from exits and refinancings announced so far this year (with more exits in the near-term pipeline). HGT posted a 1.8% NAV per share total return (TR) in H122 and a one-year NAV TR of 20.6% (22.2% per year over the last five years). HGT’s discount to end-June 2022 NAV is now c 17%, while it has traded much closer to NAV in recent years.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-business-as-usual-for-boring-but-critical-tech/3_31321xxx-58c4-a4f9-4091-40bcb7778671?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/4420f9bf-9900-42fe-8a59-47b7a7bd040f-asset-management-6-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-09-12T14:00:11.177", "LastModifiedDateTime": "2022-09-12T14:00:10.757" }, { "Id": "media-15730", "ContentId": "15730", "Headline": "Doceo - Latest Update ", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/15730", "ThumbnailUrl": "https://i.vimeocdn.com/video/1499926795-4c8d7601a6b51287a42f94e28a79adeacc65485cc8444c954d00ecd5833c975c-d_295x166", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-09-02T15:19:13", "LastModifiedDateTime": "2023-02-14T12:01:05.95" }, { "Id": "media-15030", "ContentId": "15030", "Headline": "Edison - HgCapital Trust – The King of ‘Dulltech’", "Synopsis": "", "ProviderName": "Edison", "Url": "https://www.research-tree.com/media/referrer/15030", "ThumbnailUrl": "https://img.youtube.com/vi/6k3f87K8cB4/mqdefault.jpg", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-06-07T12:04:16", "LastModifiedDateTime": "2026-04-16T11:08:16.923" }, { "Id": "research-3_30899xxx-0990-03d2-f89c-df7cda6810db", "ContentId": "3_30899xxx-0990-03d2-f89c-df7cda6810db", "Headline": "Edison - HgCapital Trust - The King of ‘Dulltech’", "Synopsis": "HgCapital Trust’s (HGT’s) sector expertise has allowed it to consistently deliver strong performance, with a 10-year NAV total return (TR) at 17.6% per year (with 30.9% over the last 12 months), materially above the FTSE All-Share of 7.2% per year and LPX Europe NAV Index of 11.5% per year. Importantly, this has largely been driven by top-line and earnings growth (90% of returns on HGT’s software and services holdings exited in 2001–2022 ytd) rather than multiple expansion, with five-year EBITDA growth to end-2021 across HGT’s top 20 holdings of 28% per year. While HGT typically assumes a multiple contraction as part of its asset investment case, it has not actually seen much of this historically, due to its successful repositioning of portfolio companies, most notably through boosting recurring software-as-a-service (SaaS) revenues.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-the-king-of-dulltech-/3_30899xxx-0990-03d2-f89c-df7cda6810db?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dfc4b5ba-a8a8-41e6-b1a6-1e372c0ca6ab-ticker-tape-on-building-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-05-16T15:46:47", "LastModifiedDateTime": "2022-06-09T11:00:57.643" }, { "Id": "media-15757", "ContentId": "15757", "Headline": "Doceo - Q4 Update - 2021", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/15757", "ThumbnailUrl": "https://i.vimeocdn.com/video/1387701287-01895033a6d84f916fee63fa66f8854f781e502120b77a0ea5127111d992f5cb-d_640", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2022-03-07T07:03:08", "LastModifiedDateTime": "2023-02-14T12:05:24.44" }, { "Id": "research-3_30323xxx-8e8e-e698-8c88-4e3753319458", "ContentId": "3_30323xxx-8e8e-e698-8c88-4e3753319458", "Headline": "Edison - HgCapital Trust - NAV total return of 36% in 9M21", "Synopsis": "HgCapital Trust (HGT) delivered a strong NAV total return of c 36% in the first nine months of 2021, including c 12% in Q321, driven primarily by double-digit earnings growth across the portfolio (LTM EBITDA for top 20 holdings up 29% y o y). Its transaction activity remains high, with the volume of completed and announced investments and realisations at £378m and £204m, respectively in 2021 so far (vs £403m and £364m in the record-high 2020). HGT’s coverage ratio was a healthy c 85% at 10 December 2021 and its liquidity position has been supported with tap equity issues (c £126m in 2021 to 10 December) and a £200m credit facility, £45m of which was undrawn as at 15 November 2021.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-nav-total-return-of-36-in-9m21/3_30323xxx-8e8e-e698-8c88-4e3753319458?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/86dc92f7-b434-42b6-8c00-6e3c43500a35-trusts-etfs-funds-2-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2021-12-13T17:22:45.34", "LastModifiedDateTime": "2021-12-13T17:22:45.31" }, { "Id": "media-15770", "ContentId": "15770", "Headline": "Doceo - Q3 Update - 2021", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/15770", "ThumbnailUrl": "https://i.vimeocdn.com/video/1297909325-a59f35885d5ca0bce1b34b492d7532ce3d01efd0f9b578057_640", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2021-11-15T07:02:55", "LastModifiedDateTime": "2023-02-14T12:06:45.56" }, { "Id": "media-15775", "ContentId": "15775", "Headline": "Doceo - HgCapital Trust Sep 2021 Update", "Synopsis": "", "ProviderName": "Doceo", "Url": "https://www.research-tree.com/media/referrer/15775", "ThumbnailUrl": "https://i.vimeocdn.com/video/1259934764-e913dcb0d5d85eaa5e3da9c258e2b48e1d0311fb56b763d5d_640", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2021-09-29T11:08:50", "LastModifiedDateTime": "2023-02-14T12:07:21.297" }, { "Id": "research-e4d1bc4b-8fde-4ea8-8adc-71e144bb1f12", "ContentId": "e4d1bc4b-8fde-4ea8-8adc-71e144bb1f12", "Headline": "Kepler | Trust Intelligence - Even better than the real thing", "Synopsis": "Private equity investing has been around for many decades. However private equity is making the headlines like never before. The recent bidding war for Wm Morrisons is a case in point although, over the last decade or so, private equity has been steadily increasing as a share of global M&A transactions as the graph below shows.", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/even-better-than-the-real-thing/e4d1bc4b-8fde-4ea8-8adc-71e144bb1f12?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/ca5de4b5-06e9-4de9-87a6-17f0ad24fca7-stock-market-prices-board-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "Oakley Capital Investments Ltd Registered", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/oakley-capital-investments-ltd-registered/OCI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "BMG670131058", "InternalId": "afca7d48-de54-4866-a0d3-2d7cb5cda2ac", "Isin": "FGW68L-R ", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "OCI:LON", "TIDM": "OCI", "BBTicker": "OCI", "AltTicker": "OCI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 4, "TotalResearchCount": 72, "TotalRnsCount": 520 }, { "CompanyName": "ICG Enterprise Trust PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/other/icg-enterprise-trust-plc-gbp/ICGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0003292009", "InternalId": "74b87415-c4fd-477f-9555-831a84a3b74c", "Isin": "GB0003292009", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Other", "Ticker": "ICGT:LON", "TIDM": "ICGT", "BBTicker": "ICGT", "AltTicker": "ICGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 1, "TotalResearchCount": 105, "TotalRnsCount": 672 }, { "CompanyName": "CT Private Equity Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/ct-private-equity-trust-plc/CTPE/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0030738271", "InternalId": "552edaab-9394-42cd-9f23-db5430a4376a", "Isin": "GB0030738271", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "CTPE:LON", "TIDM": "CTPE", "BBTicker": "CTPE", "AltTicker": "CTPE", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 2, "TotalResearchCount": 23, "TotalRnsCount": 229 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "NB Private Equity Partners Limited Class A", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/nb-private-equity-partners-limited-class-a/NBPU/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GG00B1ZBD492", "InternalId": "038b0811-9dce-41e0-a2fd-ee46b636c182", "Isin": "GG00B1ZBD492", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "NBPU:LON", "TIDM": "NBPU", "BBTicker": "NBPU", "AltTicker": "NBPU", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 7, "TotalResearchCount": 81, "TotalRnsCount": 208 } ], "Location": "International", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2021-09-21T00:00:00", "LastModifiedDateTime": "2021-10-05T11:08:21.717" }, { "Id": "research-3_29601xxx-9a14-cad4-bd31-3f654e7ab1fb", "ContentId": "3_29601xxx-9a14-cad4-bd31-3f654e7ab1fb", "Headline": "Edison - HgCapital Trust - Strong momentum continues", "Synopsis": "HgCapital Trust (HGT) posted a strong NAV TR of 8.4% in Q121, driven primarily by double-digit earnings growth across the portfolio (LTM EBITDA for top 20 holdings up 30% y-o-y). After record-high transaction volumes in FY20 (investments at £403m and realisations at £364m), HGT has maintained a high transaction activity to date in 2021 (£147m and £112m, respectively). Its coverage ratio was a healthy 69% at 12 May 2021, supported by tap equity issues, which totalled c £50m to 8 June 2021 (versus £25m in FY20), and a £200m credit facility agreed in Q420, which remains undrawn.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-strong-momentum-continues/3_29601xxx-9a14-cad4-bd31-3f654e7ab1fb?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/86dc92f7-b434-42b6-8c00-6e3c43500a35-trusts-etfs-funds-2-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2021-06-09T12:40:55.323", "LastModifiedDateTime": "2021-06-09T12:40:55.15" }, { "Id": "research-3_29212xxx-0ba6-411e-2793-3c3a7582cecf", "ContentId": "3_29212xxx-0ba6-411e-2793-3c3a7582cecf", "Headline": "Edison - HgCapital Trust - Posting a 24% NAV total return in FY20", "Synopsis": "HgCapital Trust (HGT) reported a strong NAV total return of 24.0% in FY20, driven by double-digit earnings growth across the portfolio (last 12 months EBITDA for top 20 holdings up 31% y-o-y) and solid uplifts to end-2019 book values on exits (50% on average in FY20). Investments and realisations reached record-high levels in FY20 and HGT had a healthy coverage ratio of c 64% as at 24 March 2021 (vs 48% on average between 2015 and 2019), backed by a £200m credit facility secured in Q420 and c £56m raised in tap equity issues in FY20 and FY21 to end-March 2021.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-posting-a-24-nav-total-return-in-fy20/3_29212xxx-0ba6-411e-2793-3c3a7582cecf?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/86dc92f7-b434-42b6-8c00-6e3c43500a35-trusts-etfs-funds-2-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2021-03-31T14:10:32", "LastModifiedDateTime": "2021-04-01T08:22:32.173" }, { "Id": "research-3_28555xxx-a6a8-aea3-8fe3-298981d26e65", "ContentId": "3_28555xxx-a6a8-aea3-8fe3-298981d26e65", "Headline": "Edison - HgCapital Trust - Flying high despite COVID-19", "Synopsis": "HgCapital Trust (HGT) continues to outperform its benchmark over the short and long term, with NAV total return strongly increasing c 20% in the nine months to end-September 2020 (vs a fall of c 20% for the FTSE All-Share Index in the period). Following a record amount of investments and realisations in FY20, we estimate HGT’s commitment ratio stood at 60% in mid-December (vs 48% on average between 2015 and 2019), supported by a new £200m credit facility that it secured in early October 2020. The manager expects transaction activity to remain high and highlights his confidence in the value creation potential of HGT’s software and technology portfolio, driven by the ongoing digitalisation of businesses, accelerated by COVID-19.", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-flying-high-despite-covid-19/3_28555xxx-a6a8-aea3-8fe3-298981d26e65?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/9087b2c4-4e2c-40be-a1b5-b54af18b6cd1-trusts-etfs-funds-6-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2020-12-22T12:02:37.86", "LastModifiedDateTime": "2020-12-22T12:02:37.703" }, { "Id": "research-fbdc8f72-ad41-4e7e-9219-7ae1d532e8b4", "ContentId": "fbdc8f72-ad41-4e7e-9219-7ae1d532e8b4", "Headline": "Kepler | Trust Intelligence - The haves and have nots", "Synopsis": "2020 has not exactly been ‘topping’. Following a K-shaped recovery from COVID-19, the divergence between the haves and have nots has been stark. This trend is reflected in the graph below, which illustrates how dramatic the impact of COVID-19 has been on swathes of the equity market. The positive effect on consumer staples and technology has been almost as shocking as the negative impact COVID has had on the energy and financials sectors. The dispersion in returns has been staggering, with the difference between the energy and technology sectors being 78% in the first three quarters of 2020.", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/the-haves-and-have-nots/fbdc8f72-ad41-4e7e-9219-7ae1d532e8b4?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/ca5de4b5-06e9-4de9-87a6-17f0ad24fca7-stock-market-prices-board-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "Oakley Capital Investments Ltd Registered", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/oakley-capital-investments-ltd-registered/OCI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "BMG670131058", "InternalId": "afca7d48-de54-4866-a0d3-2d7cb5cda2ac", "Isin": "FGW68L-R ", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "OCI:LON", "TIDM": "OCI", "BBTicker": "OCI", "AltTicker": "OCI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 4, "TotalResearchCount": 72, "TotalRnsCount": 520 }, { "CompanyName": "ICG Enterprise Trust PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/other/icg-enterprise-trust-plc-gbp/ICGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0003292009", "InternalId": "74b87415-c4fd-477f-9555-831a84a3b74c", "Isin": "GB0003292009", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Other", "Ticker": "ICGT:LON", "TIDM": "ICGT", "BBTicker": "ICGT", "AltTicker": "ICGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 1, "TotalResearchCount": 105, "TotalRnsCount": 672 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "NB Private Equity Partners Limited Class A", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/nb-private-equity-partners-limited-class-a/NBPU/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GG00B1ZBD492", "InternalId": "038b0811-9dce-41e0-a2fd-ee46b636c182", "Isin": "GG00B1ZBD492", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "NBPU:LON", "TIDM": "NBPU", "BBTicker": "NBPU", "AltTicker": "NBPU", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 7, "TotalResearchCount": 81, "TotalRnsCount": 208 } ], "Location": "International", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2020-11-05T00:00:00", "LastModifiedDateTime": "2020-12-22T08:58:03.793" }, { "Id": "research-3_27724xxx-fbb4-5e95-6ad4-1866edb7fcef", "ContentId": "3_27724xxx-fbb4-5e95-6ad4-1866edb7fcef", "Headline": "Edison - HgCapital Trust - Reporting a considerable uplift to NAV", "Synopsis": "

Following a solid H120, HgCapital Trust (HGT) announced several portfolio transactions representing a considerable uplift to the carrying value at end March 2020 and translating into a c 12.0% ytd NAV total return (TR) to end August. On completion of these deals, HGT’s cash resources will improve significantly to £314m from £123m in early July, while its unfunded commitments will decline to £814m. Consequently, HGT’s commitment coverage ratio will improve markedly to c 39% vs 13% in early July.

", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-reporting-a-considerable-uplift-to-nav/3_27724xxx-fbb4-5e95-6ad4-1866edb7fcef?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/b18a20df-f85b-4f59-bbc4-370646facb2b-trusts-etfs-funds-5-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2020-09-14T16:20:36.827", "LastModifiedDateTime": "2020-09-16T10:48:51.467" }, { "Id": "research-3_27239xxx-c6cb-032b-72ac-c325141b9ac9", "ContentId": "3_27239xxx-c6cb-032b-72ac-c325141b9ac9", "Headline": "Edison - HgCapital Trust - Resilience from tech and services focus", "Synopsis": "

HgCapital Trust’s (HGT) 12-month NAV TR to end-March 2020 was a solid 13.8% despite the COVID-19 market downturn in March 2020 (ytd NAV performance since end-December 2019 was a 6.2% decline). The coverage ratio reached a historically low level (13% vs three-year average of 53%) after HGT notably increased its investment activity and commitments in Q120. However, a significant part of these new commitments will not be drawn in the near term. The board continues to review its future funding arrangements and may also opt out of a new investment without penalty across all funds. HGT’s portfolio focus is on the resilient software and technology sector and the manager expects a limited direct earnings impact on its portfolio from the COVID-19 pandemic.

", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-resilience-from-tech-and-services-focus/3_27239xxx-c6cb-032b-72ac-c325141b9ac9?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/b6988210-ec1e-411a-853d-ab13120b2a50-trusts-etfs-funds-3-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2020-07-08T12:47:05.333", "LastModifiedDateTime": "2020-07-09T08:36:23.33" }, { "Id": "research-0127d646-0d35-441b-aab4-70cd07c5f826", "ContentId": "0127d646-0d35-441b-aab4-70cd07c5f826", "Headline": "Kepler | Trust Intelligence - HgCapital - Overview", "Synopsis": "HgCapital Trust (HGT) is a private-equity trust offering direct exposure to companies in the software and services sectors, typically in northern Europe. Compared to typical equity funds, the trust is highly concentrated: the top 20 companies add up to 88.4% of NAV, with the largest investment at 20.7%. The managers provide active, hands-on management to the companies HGT holds as they undergo rapid development or transformation. The sector focus and higher-growth companies that HGT invests in mean that it is differentiated relative to most of the listed private equity (LPE) sector. The trust is also unique in that it is the only one in the sector that has been recently able to issue shares at a premium to NAV. HGT’s long-term track record is very impressive, as is its record over the short term. Over the past five years HGT has delivered a compound annual NAV return of c. 17% p.a. (to 31/03/2020), significantly ahead of the FTSE All-Share return over the same period of 0.6% p.a. As anyone who has invested in listed private equity in the past knows, these returns do not come without risk (to valuations or discount).", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/kepler-trust-intelligence/hgcapital-overview/0127d646-0d35-441b-aab4-70cd07c5f826?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/4a001d48-9799-4e7c-9d17-94774505e044-trusts-etfs-funds-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2020-06-02T00:00:00", "LastModifiedDateTime": "2020-06-24T09:44:57.153" }, { "Id": "research-1f587050-aed5-42e5-9a5c-4a177fb942a7", "ContentId": "1f587050-aed5-42e5-9a5c-4a177fb942a7", "Headline": "Kepler | Trust Intelligence - Price is what you pay, value is what you get", "Synopsis": "Discounts across the investment trust sector have widened –- dramatically at first – but in most cases have now narrowed back in somewhat. At first glance, the listed private equity (LPE) sector has widened most of all, and remains on a significantly bigger discount than other sectors. Does this present an opportunity?", "ProviderName": "Kepler | Trust Intelligence", "Url": "https://www.research-tree.com/research/referral/kepler-trust-intelligence/price-is-what-you-pay-value-is-what-you-get/1f587050-aed5-42e5-9a5c-4a177fb942a7?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/dfc4b5ba-a8a8-41e6-b1a6-1e372c0ca6ab-ticker-tape-on-building-1-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/high res black.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "Oakley Capital Investments Ltd Registered", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/oakley-capital-investments-ltd-registered/OCI/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "BMG670131058", "InternalId": "afca7d48-de54-4866-a0d3-2d7cb5cda2ac", "Isin": "FGW68L-R ", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "OCI:LON", "TIDM": "OCI", "BBTicker": "OCI", "AltTicker": "OCI", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 4, "TotalResearchCount": 72, "TotalRnsCount": 520 }, { "CompanyName": "AVI Global Trust PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/avi-global-trust-plc-gbp/AGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0001335081", "InternalId": "6bf258aa-02f8-4889-bd79-64b396bcfbe2", "Isin": "GB00BLH3CY60", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "AGT:LON", "TIDM": "AGT", "BBTicker": "AGT", "AltTicker": "AGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 2, "TotalResearchCount": 44, "TotalRnsCount": 2459 }, { "CompanyName": "ICG Enterprise Trust PLC GBP", "CompanyUrl": "https://www.research-tree.com/companies/uk/other/icg-enterprise-trust-plc-gbp/ICGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB0003292009", "InternalId": "74b87415-c4fd-477f-9555-831a84a3b74c", "Isin": "GB0003292009", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Other", "Ticker": "ICGT:LON", "TIDM": "ICGT", "BBTicker": "ICGT", "AltTicker": "ICGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 1, "TotalMediaCount": 1, "TotalResearchCount": 105, "TotalRnsCount": 672 }, { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 }, { "CompanyName": "NB Private Equity Partners Limited Class A", "CompanyUrl": "https://www.research-tree.com/companies/uk/investment-trusts/nb-private-equity-partners-limited-class-a/NBPU/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GG00B1ZBD492", "InternalId": "038b0811-9dce-41e0-a2fd-ee46b636c182", "Isin": "GG00B1ZBD492", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Investment Trusts", "Ticker": "NBPU:LON", "TIDM": "NBPU", "BBTicker": "NBPU", "AltTicker": "NBPU", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 3, "TotalMediaCount": 7, "TotalResearchCount": 81, "TotalRnsCount": 208 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2020-06-02T00:00:00", "LastModifiedDateTime": "2020-08-12T09:50:10.26" }, { "Id": "research-3_25850xxx-10e3-8f20-ab95-fdbbe6294ccc", "ContentId": "3_25850xxx-10e3-8f20-ab95-fdbbe6294ccc", "Headline": "Edison - HgCapital Trust - Good momentum continues", "Synopsis": "

Hg Capital Trust’s (HGT) investment activity in 2019 to end-November has been broadly in line with last year, while the volume of realisations was lower following an exceptionally strong 2018 and 2017. HGT’s NAV total return (TR) to end-September 2019 was a solid 18.4%, backed by revaluations of portfolio holdings, which continue to deliver good operational performance. Following several major new and follow-on investments in 2019 (including team.blue, Transporeon, Visma, Litera Microsystems and Argus Media), HGT’s coverage ratio increased to c 80% in September 2019 from 50% at end-2018. That said, HGT expects to announce further commitments to invest alongside Hg funds in early 2020.

", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-good-momentum-continues/3_25850xxx-10e3-8f20-ab95-fdbbe6294ccc?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/b18a20df-f85b-4f59-bbc4-370646facb2b-trusts-etfs-funds-5-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2019-12-17T10:00:39.5", "LastModifiedDateTime": "2019-12-18T05:26:26.607" }, { "Id": "media-5268", "ContentId": "5268", "Headline": "Edison - Bitesize briefing - HgCapital Trust", "Synopsis": "", "ProviderName": "Edison", "Url": "https://www.research-tree.com/media/referrer/5268", "ThumbnailUrl": "/thumbnails/hgcapital_thumb.jpg", "ProviderLogoUrl": null, "ContentType": "Media", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2019-08-01T10:40:01", "LastModifiedDateTime": "2022-03-02T08:55:03.483" }, { "Id": "research-3_24304xxx-bbed-380e-63f4-e67163c8f9e8", "ContentId": "3_24304xxx-bbed-380e-63f4-e67163c8f9e8", "Headline": "Edison - HgCapital Trust - A specialist tech investor in the buyout market", "Synopsis": "

HgCapital Trust (HGT) is the largest single investor in funds managed by Hg, one of Europe’s leading private equity (PE) investment managers in the software and services sectors, with strong involvement in the strategic development and value creation of its portfolio holdings. Hg partners closely with its portfolio companies, supporting management to drive change. It has more than £10bn in assets under management (AUM) and nearly 30 years of overall PE experience. This expertise has been reflected in HGT’s average compound share price return of c 14% pa over the last 10 years vs the FTSE All-Share at c 10% pa (on a total-return basis).

", "ProviderName": "Edison", "Url": "https://www.research-tree.com/companies/uk/asset-management/hgcapital-trust-plc/research/referral/edison/hgcapital-trust-a-specialist-tech-investor-in-the-buyout-market/3_24304xxx-bbed-380e-63f4-e67163c8f9e8?partner=llms", "ThumbnailUrl": "https://rtfilesprod.blob.core.windows.net/publicimages/86dc92f7-b434-42b6-8c00-6e3c43500a35-trusts-etfs-funds-2-21x6_m.jpg", "ProviderLogoUrl": "https://rtfilesprod.blob.core.windows.net/logos/edison logo lockup rgb 2000px.png", "ContentType": "Research", "SubType": null, "Companies": [ { "CompanyName": "HGCapital Trust PLC", "CompanyUrl": "https://www.research-tree.com/companies/uk/financial-services/hgcapital-trust-plc/HGT/LON", "CurrentPrice": 0.0, "CustomSectors": [], "Id": "GB00BJ0LT190", "InternalId": "a7616d3a-25f6-458c-99ad-7abfeaf67912", "Isin": "GB00BJ0LT190", "LastDateContentWasAdded": "0001-01-01T00:00:00", "LastDateContentWasChanged": "0001-01-01T00:00:00", "LastDateContentWasRemoved": "0001-01-01T00:00:00", "LatestRating": null, "LatestRatingDate": "0001-01-01T00:00:00", "Location": "Not Set", "MarketCap": 0.0, "PriceChg": 0.0, "PriceChgPercent": 0.0, "Sector": "Asset Management", "Ticker": "HGT:LON", "TIDM": "HGT", "BBTicker": "HGT", "AltTicker": "HGT", "AltExchange": "LN", "Exchange": "LON", "TotalBlogCount": 0, "TotalEventCount": 2, "TotalMediaCount": 18, "TotalResearchCount": 40, "TotalRnsCount": 590 } ], "Location": "Not Set", "CanDirectDownload": false, "LoggedInUserHasAccess": true, "IsPremiumOnly": false, "OnlyAvailableToPayingClients": false, "DirectDownloadUrl": null, "DirectDownloadViewerUrl": null, "PartnerViewerUrl": null, "PublishedDate": "2019-06-03T12:08:08", "LastModifiedDateTime": "2020-01-17T14:01:48.067" } ], "Message": null, "TotalItems": 58 }