CVC Credit Partners reports another strong year – CVC Credit Partners European Opportunities posted a positive set of numbers for the year to 31 December 2017 . The NAV total return per share for GBP share class (CCPG) and EUR share class (CCPE) increased by 9.69% and 8.84% respectively over the period. This is within […]
Triple Point report busy first six months – The managers of the social housing REIT, Triple Point Social Housing (SOHO) have not been resting on their laurels. They have acquired 116 properties (828 units) with average property value of £1.2 m and an aggregate purchase price of £131.8 m (including costs). The geographic split of the properties is […]
ScotGems taking own good time to find best long-term stocks – ScotGems (SGEM) was launched at the end of June 2017 and has released its first formal final report for the period up to 31st December. In that short time period, the fund managers have been investing £50.3 million from the initial fundraising and a further […]
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 […]
Standard Life UK Smaller Companies Trust changes its reference benchmark – In the company’s half year statement published at the end of February 2018, it was announced that, with effect from 1st January 2018, the performance of SLS will be measured against the Numis Smaller Companies plus AIM (ex Investment Companies) index. The previous index had […]
Global Resources IT completes its write-up of its Kalia holding – On 26 February 2018, Kalia Limited announced that, subject to shareholder approval, it had agreed to acquire Global Resources Investment Trust (GRIT)‘s interest in Kalia Holdings Pty Ltd, thereby consolidating the non-landowner interests in Bougainville Exploration Licences in Papua New Guinea. This followed the […]
Derwent London delivers a strong set of results – Derwent London (DLN), the REIT focused on central London offices with a particular focus on the West End and City fringes, released its final results to 31st December 2017 Highlights EPRA net asset value per share increased 4.6% to 3,716p from 3,551p and a 3.7% increase from […]
Rights and Issues Investment Trust’s final results – The portfolio of Rights and Issues Investment Trust (RIII) fully participated in the strong equity market of 2017 with the net asset value of the Income shares rising by 18.5% to 2372.3p. By comparison, the UK smaller company market, in which the company is mostly invested performed well […]
2017 was another strong year for BlackRock World Mining Trust (BRWM) – After a remarkable 2016 for global mining and commodity sectors, BlackRock World Mining Trust‘s undiluted NAV and share price rose in 2017 by 24.0% and 24.2% respectively in sterling terms with income reinvested. By comparison, the Euromoney global mining index rose by 20.8% […]
Hg completes acquisition of Italian online hosting provider DADA – Hg (HGT) is a private equity firm targeting middle-market buyouts primarily in Europe. Hg focuses on investments in technology, services and industrial technology sectors. Hg has completed its investment in DADA S.p.A (DADA), a leading provider of online hosting services to SMEs in Italy, the UK and […]
