Higher dividends and lower fees from Jupiter Green – The annual report for Jupiter Green Investment Trust PLC (JGC) has been released for the year to 31 March 2018. Performance Every year, shareholders of Jupiter Green can subscribe for one new ordinary shares for every ten shares they already own. As a result, the performance of the […]
JPMorgan Japan Smaller Companies introduces new dividend policy In its final report for the year ending 31st March 2018, the board of JPMorgan Japan Smaller Companies (JPS) announced that, as a move to reduce the company’s discount to NAV, rather than buy back shares and to make the company more attractive to savers, it proposes to […]
Aberdeen New Dawn overcomes heightened volatility – Aberdeen New Dawn (ABD) aims to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries ex Japan. Performance In its annual financial report for the year ended 30 April 2018, the company reported that its NAV rose by 12.9% during a challenging […]
Schroder UK Growth delivers last report before manager change – the board of Schroder UK Growth (SDU) announced in April that the manager would move from Schroder Unit Trusts Limited as its alternative investment fund manager (AIFM) and has appoint Baillie Gifford & Co Limited as the company’s new manager, company secretary and administrator. Click here to […]
Securities Trust of Scotland; another company lowering its fees – The board of Securities Trust of Scotland (STS) and Martin Currie, the investment manager, have agreed a lower management fee. New fee structure The new fee structure, which has been in place since 1st April 2018, was outlined in the company’s annual financial results for the […]
Monks; strong performance with lower fees – the Annual Financial Report of The Monks Investment Trust PLC (MNKS) for the year ended 30 April 2018 has been published. Performance The NAV total return of MKNS, with borrowings calculated at fair value, was 15.8% and the share price total return was 20.4%. Over the same period the total […]
Vietnam Holding reappoints old manager- Vietnam Holding (VNH) was in the news a lot in May. It first announced on 16th May, that it was changing its investment agreement with its existing investment manager and wanted to increase its size by acquiring the assets of another Vietnamese listed equity fund (click here to read more on that story). […]
Highcroft invests in Birmingham health and fitness club – Highcroft Investments (HCFT) has exchanged on the purchase of the freehold interest of a health and fitness club investment in Birmingham from BAE Systems Pension Funds Trustees Limited. The property comprises a purpose built health and fitness club, with swimming pool, of approximately 37,500 sq ft, on […]
Triple Point adds to its social housing portfolio – Triple Point Social Housing REIT (SOHO) manages a portfolio of social housing assets in the UK, with a particular focus on supported housing. Triple Point adds to its social housing portfolio The group has exchanged contracts on two supported housing properties completed the acquisition of three supported housing properties acquired land and entered […]
Picton completes the disposal of two office assets – closed-ended property investment company, Picton Property Income (PCTN) has completed the sale of two offices, both in separate transactions with local authorities. Picton has sold 800 Pavilion Drive, Northampton, a detached office building, let to Ricoh UK on a lease expiring in June 2023. The sale price of £7.95 […]