The Board of Finsbury Growth & Income Trust has announced the following amendments to the fee arrangements with its Alternative Investment Fund Manager (Frostrow Capital LLP) and Portfolio Manager (Lindsell Train Limited). The basic idea seems to be to introduce a tiered fee as the market cap. of the fund nears £1bn. With effect from 11 October […]
JPMorgan Global Emerging Markets Income recorded a total return on net assets of +16.9% for the year to the end of July 2016. This compares with a return on the benchmark index, the MSCI Emerging Markets Index, of +16.7%. The total return to shareholders was +21.3%, as the share price increased from 100.3p to 115.3p. If we […]
For the year ended 30 June 2016, TR European Growth’s net asset value total return was 13.6% compared to a total return from the benchmark index (Euromoney European Smaller Companies Index (ex UK)) of 14.2%. The share price total return for the period was 1%. The Board plan to pay a total dividend of 11.50p. This […]
Tritax Big Box REIT has announced that it has exchanged contracts with a major UK institution to acquire two modern Big Box logistics facilities at Birch Coppice, Birmingham and at Warth Park, Raunds, Northamptonshire, let to Euro Car Parts Limited and Whirlpool UK Appliances Ltd, respectively. The combined purchase price is GBP115.5 million. Completion of […]
Atalaya Mining PLC (ATYM:AIM; AYM:TSX) Focused on ramping up production to 9.5Mtpa, to achieve nameplate capacity by the end of 2016. Completed a US$14M copper concetrate prepayment agreement with Transamine Trading S.A. The company is working on additional, alternative funding solutions to improve working capital for final phase of ramp-up; capex for H1 was €17.1M. Q3 2016 […]
GCP Infrastructure has announced that it has committed to subscribe for two loan notes of up to GBP60 million in aggregate, the proceeds of which will be used to finance supported living units for occupation by adults with learning or physical difficulties. The first Loan Note, for up to GBP50 million and with an expected term […]
Henderson EuroTrust has published results for the year ended 31 July 2016. The net asset value (“NAV”) per share total return (including dividends reinvested and excluding transaction costs) was 11.7% compared to a total return from the benchmark index, the FTSE World Europe (ex UK) Index of 7.1%. Total dividend for the year of 20.0p […]
In some ways, frontier markets are the start-ups of the investment world. They have huge untapped growth potential but are precarious propositions with no guarantee of success and are difficult for investors to access. On its own, each individual market is incredibly risky. Bundled together in indices and funds, they offer a potentially compelling investment […]
Tharisa Minerals (THS.L) Modifications to Voyager’s Plant chrome processing circuit in H1 FY2016 to facilitate increased production of higher value speciality grade chrome concentrates, enables Tharisa to distribute to more globally diversified markets. The average PGM basket price for quarter ended September was US$804 oz, which was US$59 an ounce higher than previous quarter. Metallurgical grade […]
VinaLand has announced results for the year ended 30 June 2016. The NAV fell to 86 cents from 91 cents. However after adjusting for the USD0.0876 distribution of capital from the share premium account, the NAV per share increased by 4.1% year-on-year. The Company’s share price closed on 30 June 2016 at USD0.58 per share, […]
