Global Fixed Income Realisation’s results for the year ended 31 December 2015 have been published. The Net Asset Value per ordinary share declined by 28.2% during the financial year 2015. The Directors of the Company decided at a Board Meeting in April 2016 that it was appropriate to take a reserve of 33.3% against the […]
Reconstruction Capital II has published accounts for the year ended 31 December 2015. On 31 December 2015, Reconstruction Capital II Limited (“RC2”) had a total audited net asset value (“NAV”) of EUR37.4m or EUR0.3736 per share on an undiluted basis, a 1.03% decrease over the year. The fully diluted NAV per share was EUR0.2847, an increase of […]
International Public Partnerships Limited has announced that the GoldLinQ consortium will make a further investment into a 7.3km extension to the Gold Coast Light Rail project in Queensland, Australia. The original A$1.29 billion project delivered by the Queensland Government and GoldLinQ saw the development of a 13km light rail system between Gold Coast University Hospital and Broadbeach. […]
The Board of Witan Investment Trust announces that it has agreed in principle with Aviva Investors Global Services Limited (“AIGSL”) as agent acting in its capacity as investment manager for and on behalf of Friends Life Limited, to purchase up to Friends Life’s entire holding of 31,636,753 shares (representing 15.8 per cent. of the issued share […]
Wolf Minerals treated 310,949 t of ore during the March quarter at its Drakelands open-pit mine and produced 17,607 metric tonne units (mtu) of tungsten concentrate. Revenue from sales of concentrates was A$3.8 million (£1.9 million). The total cash expenditure for the quarter was A$16.8 million (£8.2 million), including A$3.9 million (£1.9 million) on development, […]
VPC Speciality Lending declared cumulative dividends of 4.79 pence per ordinary share and 1.07 pence per C share, and generated a total NAV per share return of 5.80% over the period from its incorporation on 12 January 2015, through its launch on 17 March 2015 and ending on 31 December 2015 on its ordinary shares and 1.78% on the […]
Discounts on European investment trusts have widened as worries over the continent weigh on investors. you can read the full article here
Phoenix Spree Deutschland has published results that cover the year ended 31 December 2015, incorporating the listing of the company on the LSE in June 2015. The statement says, the year to December 2015 demonstrated continuing operational strength. Growth in both rents and property values continued, enabling EPRA NAV to increase by 10.7% for the […]
AcenciA Debt Strategies Ltd, which invests in a highly focused portfolio of multi-strategy credit and event-driven funds, with a focus on distressed debt, has announced its audited results for the year ended 31 December 2015. The Net asset value per share at 31 December 2015 decreased by 6.1% to $1.57 and the share price by 9.2% to […]
Fidelity Special Values says its net asset value underperformed the benchmark over the six month reporting period to 29 February 2016, returning -2.7% against -1.2% for the FTSE All-Share Index. The return to shareholders was -3.9%. Alex Wright, the manager, says overall performance was impacted by negative investment surrounding some key holdings in the banking sector, […]
