Weiss Korea Opportunity underperforms but long-term record remains intact – in its report for the full year to 31st December 2018, Weiss Korea Opportunity (WKOF) reported that the NAV of the company increased by 29.4% on a total return basis. The reference benchmark, the MSCI Korea 25/50 Net Total Return Index returned 32.6% in GBP. The share […]
Positive annual statement from ICG-Longbow Senior Secured UK Property Debt – These are the highlights from annual financial statements for the year ended 31 January 2018 from CG-Longbow Senior Secured UK Property Debt Investments (LBOW): Performance NAV of £117.98 million as at 31 January 2018 (31 January 2017: £112.33 million). NAV total return +5.3%. Share price […]
Woodford Patient Capital Trust releases full year results to 31 December 2017 – Woodford Patient Capital Trust (WPCT) announced its audited financial report for the year ended 31 December 2017. The Company’s NAV declined from 93.24p to 91.73p or by -2.0% on a total return basis during the year under review. The share price fell by 7.2% on the same basis. […]
Manager change for Invesco Perpetual Enhanced Income – Invesco Fund Managers Limited have written to the board of Invesco Perpetual Enhanced Income (IPE) telling them that it intends to stand down as manager of the fund. The investment manager is required to give twelve months notice in writing. The board has replied to the manager acknowledging its intention to withdraw […]
Continued strong performance from ICG Enterprise Trust – ICG Enterprise Trust (ICGT, formerly Graphite Enterprise) is an investment trust listed on the London Stock Exchange with a diversified portfolio of private equity assets. The company has released its results for the year ending 31st January 2018. Here are the headlines from the companies news release: NAV […]
Hg uplift on NAV of 17p per share on disposal – Hg Capital Trust (HGT) has announced the disposal of one of its portfolio companies. Allocate Software, which is an international provider of healthcare workforce management software has been sold to Vista Equity Partners. Hg will realise estimated cash proceeds of approximately £19.9m on completion of this […]
MedicX acquires a new primary healthcare medical centre in Peterborough MedicX (MXF) has contracted to acquire a new primary healthcare medical centre in Peterborough. The property is due to be completed in April 2019. The completed development will be let to the GPs of the Nightingale Medical Practice in Peterborough. All leases will be for […]
Foresight Solar acquires five UK solar assets – Foresight Solar Fund (FSFL) has acquired a 100% interest in a portfolio of five operational solar parks located in the UK (and a 0.5MW onshore wind asset) with a total installed capacity of 53.3 MW. The company has purchased the economic benefit of all project cash flows from 1 January 2018. […]
Name change for investment adviser of Local Shopping REIT – The Local Shopping REIT (LSR) has the objective of building a portfolio of properties and letting units in the convenience shopping market. The directors of The Local Shopping REIT have announced that they have been informed by the company’s investment adviser, Internos Global Investors Limited, that […]
Bluefield Solar acquires three ground-mounted solar PV plants – Bluefield Solar Income Fund [BSIF], which is focused on the acquisition and management of a diversified portfolio of large scale solar energy in the UK, has acquired three sub-5 megawatt peak (‘MWp’) ground-mounted solar photovoltaic (‘PV’) plants, all of which are located in Dorset. The acquisition, which occurred on 20 […]