Interserve : IRV

News

• 28 Feb 2018 2 min read

  Law Debenture beats its benchmark and raises its dividend

  Law Debenture beats its benchmark and raises its dividend – In its final report for the year to 31st December 2017, Law Debenture (LWDB)  reported that total return of the NAV was 16.6%, while the benchmark, the FTSE All Share Index returned was 13.1%. The UK remained the central focus of the portfolio, although the fund is […]

• 22 Dec 2017 1 min read

  Dunedin Smaller Companies posts strong outperformance

  Dunedin Smaller Companies posts strong outperformance – Dunedin Smaller Companies says that, for the year ended 31 October 2017, its net asset value total return was 32.8%, a significant outperformance of the benchmark, the SmallCap Index (ex Investment Companies), which delivered a total return of 21.9%.  The share price total return for the year was 28.8%. The discount at […]

• 13 Mar 2017 2 min read

  Aberdeen Smaller Companies High Income says markets were against them in 2016

  Aberdeen Smaller Companies Income reports that its NAV was up 8.2% in total return terms for the year, lagging the performance of its benchmark, the Small Cap ex-investment companies index, which rose by 12.5%. The Directors are disappointed that the discount widened over the course of the year and was 22.1% at the year end. The Board has declared four interim […]

• 28 Feb 2017 4 min read

  Law Debenture says tax changes will hit its distributable income

  Law Debenture says its net asset value total return for the year to 31 December 2016 was up 16.9%, compared to a total return of 16.8% for the UK market. Revenue return per share was 18.56p (excluding group charges of 2.60p), an increase of 2.5% over the previous year, as a result of a 1.2% […]

• 08 Sep 2016 3 min read

  Aberdeen Small Companies Income just fails to keep pace with benchmark

  Over the six months ended 30 June 2016, Aberdeen Small Companies Income’s  NAV was down 6.3% on a total return basis, underperforming its benchmark, the FTSE Small Cap ex-IT index, which was down 4.6% on the same basis. The equity portfolio contributed a return, relative to the index, of -1.0%, offset slightly by a positive […]

• 11 Aug 2016 4 min read

  Henderson Smaller beats benchmark in difficult year

  Henderson Smaller Companies has published results for the year ended 31 May 2016. The net assets of the company declined by 1.1% in the reporting year, outperforming the benchmark, the Numis Smaller Companies Index (excluding investment companies), by 0.5%. However the company’s discount widened, so the share price fell by 8.1%. The revenue return per share has […]

• 08 Apr 2016 3 min read

  Acorn Income benefits from being geared as its gross assets were rising

  Acorn Income Fund has released its annual results for the year ended 31 December 2015. During the year, the company’s gross asset portfolio performance (adjusted for share issuance and buybacks) provided a total return of 17% outperforming the small cap indices. The Ordinary Share net asset value total return was 22.1%. The company says that […]

• 24 Apr 2015 2 min read

  JPMorgan Elect says every pool delivered in H1

  JPMorgan Elect interims for the six months ended 28 February 2015 are out. The Managed Growth pool beat its bench mark by 3.2% over the period. The pool generated a return on net assets of 9.7% while their 50:50 FTSE All-Share : FTSE All-World ex UK benchmark returned 6.5%. They declared two quarterly dividends totalling 3.9p […]

• 27 Feb 2014 1 min read

  Law Debenture : LWDB – Anual report

  Law Debenture generated a net asset value return of 28.6% over 2013, well ahead of the return on the FTSE All-Share Index which returned 20.8%. The share price more or less kept pace with the asset value, returning 28.3%. Revenue from the fiduciary services business rose by 4.3%. The full year dividend rises to 15p […]