In QuotedData’s morning briefing 25 February 2025:
- JPMorgan Emerging Markets Investment Trust (JMG) announced its half year results for the period ended 31st December 2024. The company delivered a NAV total return of 2.8% and a shareholder total return of 2.1%. This compares with a 1.0% increase in the benchmark, the MSCI Emerging Markets Index. In the five years ended 31st December 2024, the company has delivered an annualised total return of 3.6% on a NAV basis, outpacing the benchmark, which returned 2.8% on the same basis. The board declared an interim dividend of 0.65 pence (2023: 0.60 pence), to be paid on 25 April 2025 to shareholders on the register as at the close of business on 14 March 2025. The company has received notable recognition, including winning the AJ Bell Investment Awards 2024 for Emerging Markets Equity Active, a recommendation from Winterflood, and coverage in Investors Chronicle, Shares, and MoneyWeek. It is also featured in Hargreaves Lansdown’s ‘5 Investment Trusts to Watch for 2025’.
- Ground Rents Income Fund (GRIO) announced that Victoria Property does not intend to make a firm offer for the company, after several proposals were previously rebuffed by the board. GRIO said it was fully committed to implementing the realisation strategy approved by shareholder in November 2024.
We also have:
The Renewables Infrastructure Group continues to navigate challenging market environment
Did you see from Monday:
Supermarket Income REIT bags nine Carrefour stores and sells a Tesco
Gore Street energises Dogfish, says tax credits are still on the table
Wrong ticker quoted, not JEMA but JMG
Good spot, thank you!