On 21 July 2026, Melia Hotels International S.A. announced it would terminate all of its hotel management and commercialisation services in Cuba, and to disallow the use of the Melia brands and access to its services in Cuba, effective from 24 July 2026. All five of CEIBA’s hotels were branded as Melia. CEIBA is a […]
CVC Income & Growth’s most recent fundraising exercise has raised £16.5m gross. It will reissue 13,7775,823 Sterling shares (CVCG) out of treasury at a price of £1.1979 and 1,279 Euro shares (CVCE) at a price of €1.0955. In each case the shares are being issued at a 0.65% premium to NAV. The placing element of […]
River UK Micro Cap (RMMC) says its fund manager George Ensor has resigned. He will continue to manage the portfolio “while arrangements are made for a suitable successor or alternative management structure to be implemented”. The board is reviewing its options. QuotedData’s James Carthew said “George has done a great job for shareholders in a […]
Like buses – you wait around for regulatory changes to go your way, and then three come along at once. Well, I’m stretching that a bit, because the win on the Pensions Bill was back on 29 April 2026, but then last week the FCA launched a consultation on related party transactions between boards and […]
India Capital Growth (IGC) is gearing up for its AGM which is scheduled for 11 June. If you are shareholder and you are free, I would urge you to go along. Listen to the investment adviser’s presentation and put questions to him and the board. I know that if it was not for the demands […]
Edinburgh Investment Trust (EDIN) is reporting a NAV total return of 7.2% and share price total return of 8.5% for the year ended 31 March 2026. Both quite a way behind a 21.5% return on FTSE All-Share Index. The full year dividend has been raised by 11% to 32.0p. While highlighting outperformance over the six-year […]
Great Portland Estates (GPE) is celebrating a record year for new leases and renewals in its portfolio, securing £70.9m per annum of rents at 10.3% more than their March 2025 ERV over the 12 months ended 31 March 2026. That fed through into a 4.3% increase in the value of its portfolio and a 6.1% […]
Despite a busy year where M&A added £1.2bn of assets to its portfolio, LondonMetric Property (LMP) saw a only modest increase in its EPRA NAV over the year ended 31 March 2026 (from 199.2p to 200.6p). Earnings per share improved by 2.4% to 13.5p and the full-year dividend is being increased by 3.8% to to […]
Schroder Oriental Income (SOI) had a great six-month period to end of February 2026, with an NAV return of 35.3% and share price return of 38.1%, both well ahead of the benchmark MSCI AC Asia Pacific ex Japan Index return of 30.7%. It is rebalancing its dividend profile – increasing the size of its interim […]
CQS New City High Yield Fund (NCYF) has appointed Darren Toner as its co-portfolio manager as Ian “Franco” Francis prepares to step back from the trust. Darren is a senior portfolio manager at Manulife | CQS Investment Management and is responsible for managing high yield, investment grade and financial strategies within its multi asset credit […]
