In the six month period ended 30 June 2016, Threadneedle UK Select’s net asset value total return was 1.4%, compared with the 4.3 % total return from the FTSE All-Share Index, the benchmark against which the Investment Manager’s performance is measured. Earnings per share for the half year amounted to 4.16p (30 June 2015: 8.21p). The Board […]
Aberdeen Asian Income’s net asset value returned 16.9% in sterling terms over the six months to 30 June 2016, outperforming the MSCI AC Asia Pacific ex Japan Index, which returned 13.0%. Against this backdrop, the Ordinary Share price total return rose by 16.6% and the discount over NAV per Ordinary share widened from 6.8% at […]
Apax Global Alpha’s investment performance was broadly flat in H1 2016. Against a backdrop of volatile markets, Total Return for the period was -0.6% and on a constant currency basis the Total Return was +0.6%. In the year since 30 June 2015, adjusted NAV per share has grown 2.3% to EUR1.82. In Sterling terms, adjusted […]
City Merchants High Yield says that, in the six months to 30 June 2016, its net asset value total return was +2.2% which compares with an average total return of +3.6% from the funds in the Investment Association Sterling Strategic Bond sector. The Board believe that the action the portfolio managers took which successfully protected the NAV […]
Murray International says its net asset value total return, with net income reinvested, for the six months to 30 June 2016 increased by 30.1% compared with a total return of 10.0% on the Company’s benchmark (40% FTSE World UK and 60% FTSE World ex UK). Over the six month period the share price total return increased […]
Empiric Student Property has acquired the freeholds of three operating properties, two in London and one in Exeter, with a total of 213 beds, for an aggregate cash consideration of GBP21.5 million (excluding acquisition costs) from CBRE Global Investors. Isca Lofts, Exeter – GBP4.73 million Isca Lofts, Longbrook Street, Exeter, is a direct-let student accommodation […]
NB Global Floating Rate Income reports that for the six months ended 30 June 2016 its total return per share was 3.62% for the Sterling Ordinary Shares and 3.54% for the U.S. Dollar Ordinary Shares. During the same period the share price return was -0.76% per Sterling Ordinary Share and -1.08% per U.S. Dollar Share reflecting […]
Over the first half of 2016 JPMorgan American underperformed its benchmark, returning 10.4% against 14.3% for the US equity market. Moreover, almost all of that return came from a fall in sterling relative to the US dollar. The interim dividend has been increased to 2.25p. The Board says “Garrett’s portfolio is made up of companies […]
The Board of Ground Rents Income Fund has announced that, on 12 August 2016, it agreed two amendments to the property adviser agreement with Brooks Macdonald Funds Limited (the investment adviser). At the moment, the adviser collects ‘Consent Fees’ and ‘Notice Fees’ from leaseholders on behalf of the fund. ‘Consent Fees’, which are levied by the freeholder, are typically […]
The net asset value of Princess Private Equity Holding Limited increased by 5.8% over the first half of 2016 to end the reporting period at EUR 9.78 per share (adjusted for the first interim dividend of EUR 0.27 per share distributed in June). As of the end of the reporting period, the 50 largest direct portfolio […]
