Eastern European Property consults on way forward – Eastern European Property Fund Limited continues to procure and progress negotiations with interested parties with a view to securing the disposal of EEP’s remaining key property asset as soon as possible. However, as highlighted in the company’s interim report for the period to 30 June 2017, the […]
European Assets introduces tiered fee – In response to a sustained period of growth in net assets, the Supervisory Board of European Assets Trust NV has decided to announce an amendment to the basis of calculation of the investment management fee payable to F&C Investment Business Limited, the investment manager. Previously, the investment manager received […]
Ediston plans dividend hike as buys four retail warehouse parks – Ediston Property Income is seeking to expand and raise its dividend at the same time. Dividend increase “It is the Board’s intention to increase the annualised dividend by 4.5 per cent. to 5.75 pence per share, in the absence of unforeseen circumstances, commencing with the dividend in […]
QuotedData analyst, Matthew Read, talks to Jennifer Hill at Investment Trust Insider about opportunities within the UK equity income sector. To read the article please click here
River & Mercantile Micro Cap returning more money – River and Mercantile UK Micro Cap Investment Company completed its first partial compulsory redemption in June 2017. This returned approximately GBP15 million to shareholders and reduced the company’s net asset value to around GBP100 million, in accordance with the fund’s policy of keeping itself small and nimble, given the size of […]
P2P Global cuts US exposure – The Board of P2P Global Investments says that the company has entered into an agreement to sell a significant proportion of its exposure to US consumer loans. The transaction represents a reduction of GBP36.9 million net exposure (4.56% of the NAV as at 30 September 2017) and GBP167.1 million gross […]
James Carthew: new faces and a brighter future for Japan Shinzo Abe, who has just become an internet meme by doing a backward roll into a golf bunker, while hanging out with Donald Trump, has pulled off what Theresa May couldn’t, calling a snap election and securing an increased majority. Japan’s prime minister first secured […]
Ranger takes another hit from Princeton – Further to the announcements regarding the bankruptcy proceedings in respect of Argon Credit, LLC and Argon X, LLC, Ranger Direct Lending has been informed by the Princeton Alternative Income Fund Ltd that it intends to take an additional gross reserve of approximately $10.4 million against the Argon portfolio due to a […]
Stock selection lets down JPMorgan Japanese – JPMorgan Japanese has released results for the year ended 30 September 2017. Over the year it produced a total return on net assets of +9.7%, lagging its benchmark index by some 2.5%. When the effects of a tightening discount to net assets at which the shares trade is taken […]
British Empire beats its World ex US benchmark – British Empire achieves an 18.8% return on net assets for the year ended 30 September 2017. 2.5% ahead of the return on its principal benchmark, the MSCI AC World ex US index. The Board has elected to increase the final dividend to 10.0p per share, which […]
