QuotedData’s weekly news show 30 October 2020 Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on youtube. In this week’s show, James Carthew covered the week’s top stories: a crossroads for UK Mortgages an unwelcome tender offer for shares in Alternative Income REIT Augmentum raising £28m […]
Octopus Renewables Buys French wind project – Octopus Renewables Infrastructure Trust has completed the acquisition of a 100% interest in the Cerisou wind farm, a construction-ready onshore wind project in the Vienne department of France. The project has been acquired from RES SAS, part of the RES Group, a leading worldwide developer, constructor and manager of […]
Supermarket Income buys Sainsbury’s in Newcastle – Supermarket Income REIT has bought a Sainsbury’s supermarket in Heaton, Newcastle upon Tyne, from the National Farmers Union for £53.1m, reflecting a combined net initial yield of 4.1%. The 11-acre site was originally developed in the 1980s and completely rebuilt in 2011. There is a 68,000 sq ft net sales area […]
In QuotedData’s morning briefing 29 October 2020: Henderson International Income, managed by Ben Lofthouse, reported a -3% return on NAV and -5.2% return to shareholders for the year ending 31 August 2020. Both some way behind the trust’s MSCI World (ex UK) Index, which returned +8.1%. The board notes though that higher yielding shares within the index […]
VinaCapital Vietnam Opportunity Fund reports an NAV total return for the year ended 30 June 2020 of -1.5% in US dollar terms but +1.2% in sterling terms and a fall in its share price from $4.34 to $4.07. The VN Index fell by 12.7% over this period. The dividend is being maintained at 5.5 cents. […]
UK Mortgages review progressing – For the year ended 30 June 2020, UK Mortgages reports a fall in its asset value, from 82.06p to 80.59p, and a more substantial collapse in its share price, from 73.5p to 49.3p. The NAV total return for the period was 2.7%. The dividend was reduced from 5.625p to 4.5p but was […]
In QuotedData’s morning briefing 27 October 2020: Aberdeen Diversified Income and Growth Trust will repurchase £43,904,000 of its 6.25% bonds, equivalent to 73.2% of the total issue. The purchase price of 154.094491% was calculated using a credit spread of 0.80% above the redemption yield on the United Kingdom 6% Treasury Stock due 7 December 2028. So, the […]
Election day is edging closer in the US and the rhetoric is ramping up. We managed to catch up with Dean Orrico, the manager of Middlefield Canadian Income Fund (the subject of last week’s article) in the weekly interview and he reiterated his observation that Biden is likely to win the Presidential election. The more […]
QuotedData’s weekly news show 23 October 2020 Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on youtube. In this week’s show, James Carthew covered the week’s top stories: A change of direction for Baring Emerging Europe A new manager for Alliance Trust A new meeting requisition […]
Alchemy plans investment in Countrywide – Countrywide has announced a proposed recapitalisation that includes a fully underwritten equity raising of approximately £90m. As part of this recapitalisation, funds advised by Alchemy Partners will invest up to approximately £90m in the company by way of a placing and open offer and by funding a tender offer. Following […]
