Threadneedle UK Select Trust’s net asset value total return was 5.7% for 2015, which compares favourably with the 1.0% total return from the FTSE All-Share Index, the benchmark against which the investment manager’s performance is measured. During the year under review, the share price decreased by 2.9% from 171.5p to 166.5p and the discount at which the […]
HICL Infrastructure Company Limited has announced the acquisition of a 30% interest in the M1-A1 Link Road (Lofthouse to Bramham) DBFO Road Project from Balfour Beatty plc for £14.5m. The project is a 30 year shadow toll PFI concession for the design, construction, financing, operation and maintenance of a motorway linking the M1, M621 and […]
Between 31 December 2014 and 31 December 2015, NB Global Floating Rate Income’s NAV per share dropped by 3.77% and 3.56% for the U.S. Dollar Ordinary Share and Sterling Ordinary Share, respectively. The NAV return plus dividends declared in the year was 0.08% and 0.32% for the U.S. Dollar Ordinary Shares and Sterling Ordinary Shares, […]
The Board of the Bluefield Solar Income Fund Limited has entered into a binding sale and purchase agreement to acquire a 4.1 megawatt peak (“MWp”) ground-mounted solar photovoltaic (“PV”) plant and announces the successful connection prior to 31 March 2016 of the construction assets previously acquired. Bluefiled Solar Income has acquired Bluefield Harrier Limited for £14.4m (including working […]
Standard Life Investments Property Income delivered both strong NAV and share price performance over the course of 2015. The NAV total return for the year was 15.5%, driven by strong capital growth in the property portfolio. The share price total return was 15.5% and the Company’s shares continued to trade at a premium to NAV of […]
Jupiter Dividend & Growth Trust outperformed the FTSE All-Share Index by some margin in 2015 – the total assets rose by 6.9% against a 2.5% fall in the index (both capital only). The fund has zero dividend preference shares, whose net asset value rose by 7%; ordinary income shares, whose asset value rose marginally from […]
During 2015, the Third Point Offshore’s net asset value depreciated approximately 3% across both share classes (-2.58% on the US dollar share class and -2.92% on the Sterling share class). The performance was driven primarily by negative returns in the long equity portfolio managed by Third Point LLC (the “Investment Manager”) in the volatile investment environment […]
LIM Asia Multi Strategy has published its reasons for requisitioning a meeting to restructure Atlantis Japan. We reproduce this in full below: “Proposal for the reconstruction and/or liquidation of Atlantis Japan Growth Fund Limited (“Atlantis Japan” or “the Fund”) LIM Advisors has published a letter to shareholders of Atlantis Japan (“Shareholders”), detailing its concerns […]
On 25 March 2015 the GCP Infrastructure announced the completion of a loan with an aggregate value of £59.7 million secured on a senior basis against the cash flows arising from a number of portfolios of domestic solar panel installation in England. They have now announced the completion on 14 April 2016 of a refinancing by Aviva of […]
During the six months to 29 February 2016, International Biotechnology’s NAV fell by 17.7% from 585.1p to 481.7p. Over the same period, the share price fell by 22.9% from 551.5p to 425.0p. This compares with a decline in the NASDAQ Biotechnology Index (NBI) of 18.0% and a fall in the FTSE All-Share Index of 1.2%. The discount closed […]
