F&C Commercial Property reports that its net asset value total return for the year was 15.9 per cent and the share price total return was 2.8 per cent. The total return from the portfolio was 14.3 per cent, which compares favourably with a total return of 13.3 per cent from the Investment Property Databank (‘IPD’) […]
Project Finance Investments Limited has announced two loans of up to cGBP26m in aggregate to finance construction projects for a private residential care home and a municipal recycling facility. The terms of the loans are c.17 years and c.15 years respectively. Each loan is secured by way of a first ranking charge against the relevant […]
Menhaden Capital published its first set of results on 31 March 2016. these cover the period from its incorporation, through its listing on 31 July 2015 and up to 31 December 2015. Menhaden’s net asset value decreased from 97.7p (post IPO expenses of 2.3p) to 83.9p, representing a decline of 14.1% for the five months […]
The Board of Aberdeen Private Equity Fund Limited has announced that it has signed a supplemental agreement to amend the terms of its existing secured £15m multi-currency revolving credit facility with Lloyds Bank plc to a secured £40m four year multi-currency revolving credit facility. The facility will be available for general corporate and working capital purposes in accordance […]
Pacific Assets say that, during the year ended 31 January 2016, the company’s net asset value per share total return was -6.6%. For comparison, the MSCI All Country Asia ex Japan Index, measured on a total return, sterling adjusted basis, fell by 13.1%. A narrowing of the discount of the company’s share price to its net […]
2015 was a good year for Fidelity Japanese Values as it returned 24.6% on net assets and 20.5% to shareholders – both beating the total return on the Russell Nomura Mid/Small Cap Index Total Return (in sterling terms) which returned 19.4%. Nicholas Price’s manager’s report says, over the year, stock selection in the services sector […]
Foresight Solar Fund Limited has reached financial close on a £160m long-term debt facility. This facility will wholly refinance their £150m short-term acquisition facility currently in place. The long-term facility will be provided by Macquarie Infrastructure Debt Investment Solutions (“MIDIS”) and Abbey National Treasury Services (“Santander”) as follows: Tranche Amount Tenor Coupon/Margin Fixed-rate […]
Over the six months to 31 January 2016 the Henderson EuroTrust’s Net Asset Value (“NAV”) total return fell by 1.9%. This compares with a return on the benchmark index, FTSE World Europe (ex UK) Index of -6.1%. The share price total return was down by 5.1%. An interim dividend of 6.0p, an increase of 0.5p […]
The Chairman of Aberdeen Asian Income, Peter Arthur, says its performance was disappointing over the year that ended on 31 December 2015. The net asset value per Ordinary Shares (“NAV”) fell by 9.9%, trailing the 3.9% decline in the MSCI All Country Asia Pacific ex-Japan Index. The share price fell by 16.8% on a total return basis […]
Randgold Resources has reported attributable gold reserves at the end of 2015 of 14.6 Moz, a 3.5% reduction after depletion from the previous year. The average grade of reserves remained at 3.6 g/t using a gold price of US$1,000/oz. The largest reserve base is at Kibali, (45%-owned) in DRC, where reserves were 4.7 Moz of […]
