Candover’s net asset value fell by 39.1% over H1 2016 to 148p. In late April, Candover announced the partial realisation by Arle of its investments in Parques Reunidos and Technogym S.p.A, following the initial public offering of Parques in Spain and Technogym in Italy. In the IPO of Parques, Candover sold 7.7% of its interest […]
Glencore has posted its results for the six months ended 30 June 2016 with adjusted EBITDA of US$4.0b, 13% lower than H1 2015, and adjusted EBIT down 38% to US$875b as the group’s commodity production was impacted by lower prices. The company delivered on lowering its costs and reports that 66% of the negative price […]
Hansteen’s interim results for the six months ended 30 June 2016 show its EPRA NAV per share increased by 11.9% to 124.4p over the period. Adjusting this for the dilution effect of their convertible issue, the NAV was 120.5p. They also publish an adjusted EPRA NAV per share, this increased by 8.4% to 120.5p. Normalised Profits (their measure […]
During the six months to 30 June 2016, Phaunos Timber Fund’s unaudited NAV per share has increased by 10.2% from 49 cents to 54 cents. The Group’s total NAV has also increased by US$20.6 million or 7.4% to US$299.4 million from US$278.8 million at 31 December 2015. The chairman says that while this includes a […]
NB Private Equity reports that at 30 June 2016 its NAV was $14.61, up from $14.35 per Share at 31 December 2015. NB Private Equity’s NAV increase of $12.6 million during the first six months of 2016 included: – $18.4 million of yield income and dividends, or $0.38 per Share – $17.2 million of realised gains, or $0.35 […]
… The metal’s price could lift higher in the coming months, according to QuotedData mining analyst Paul Burton. He said: “One of the most compelling bullish factors supporting gold prices is low inflation and interest rates, and real interest rates are very low or, in some cases, negative… read more here
Symphony International’s unaudited Net Asset Value at 30 June 2016 was US$712.5 million, which is 4.3% and 2.4% higher than at 31 March 2016 (US$683.2 million) and 31 December 2015, respectively. NAV per share was US$1.35 compared to US$1.29 and US$1.32, respectively, on the same dates. On a fully-diluted basis (adjusting for in-the-money vested options), […]
The good times are returning for shareholders in Edinburgh Dragon, an investment trust that seeks to generate returns from investing across diverse Far Eastern stock markets. After making a number of mistakes two to three years ago, the management team, led by Singapore-based Adrian Lim, is back on form. Over the past six months, the […]
….according to Capita, just 20 firms account for 70 per cent of the dividends paid in the UK market by value. So the majority of the funds you are invested in rely on the same few dividend producing firms to deliver the incomes they pay you. Look at the investment trust market and you will […]
Advisers could consider using investment trusts for their clients’ property exposure. read more here
