Recent attempts by Sherborne Investors (SIGB) to take over the board of Electra Private Equity investment trust (ELTA) is an example of where a large shareholder can exert a great deal of control and influence over an investment trust – whether the small private shareholders want it to or not. However, some instances where having […]
The Investment Company’s annual report for the year ended 30 June says the NAV of the Company fell slightly from 394.41p to 389.34p, a reduction of 1.3%. The return to shareholders, including the dividends paid during the year, totalled 16.9p. The FTSE All-Share Index generated a total return of 2.6% over the twelve months to […]
Target Healthcare REIT reports 3.4% growth in its EPRA NAV for the year to the end of June 2015. EPRA earnings per share were 5.7p, 36% higher than the previous year. The dividend for the year is 6.12p – an increase of 2%. This works out at an NAV total return of 10.3% which is […]
Schroder Japan Growth had a great year for the twelve months ended 31 July 2015, generating a total return on net assets of 24% while its benchmark delivered a return of 17.7%. The Directors have declared a final dividend of 2.00p per share for the year, an increase of 11.1% over the 1.80p per share […]
Pantheon International Participations reports a 12% increase in NAV per share for the year to the end of June 2015 which compares favourably to a 3% return on the FTSE All-Share Index and an 11% return on the MSCI World Index. The ordinary share discount widened slightly from 16% to 17% but the discount on the redeemable shares […]
Henderson Global Trust has published its interim results covering the six months ended 31 July 2015. Over this period the net asset value total return of 1.6% matched that of its benchmark, MSCI All Country World Index (in sterling terms, total return), but a small widening of the discount left the fund with a return […]
Bluefield Solar’s results, covering the year to the end of June 2015, are out. Over the year the fund generated a return on net assets of 6.7% and a return to shareholders of 13.0%. The total dividend for the year was 7.25p – ahead of their target of 7p. The report says the portfolio has performed […]
GCP Student Living has published its annual report covering the year to the end of June 2015. The EPRA NAV rose by 22.3% and the share price by 20.0%. The dividend increased from 5.47p to 5.6p. The EPRA EPS was 5.1p.The total return to shareholders was 26%. The Company’s property portfolio has operated at full […]
In November 2014, Origo shareholders approved a revised investing policy, under which the Company is now, through an orderly realisation programme, seeking to divest its entire portfolio over a period of no longer than 4 years at such time and under such conditions as the independent directors of Origo may determine in order to maximise […]
Jupiter US Smaller Companies underperformed its benchmark over the year to the end of June 2015 – generating an uplift in net assets of 5.5% against a 14.3% return on the Russell 2000 Index. The main reasons were the absence of biotechnology stocks in the portfolio and falls in the values of the fund’s investments in […]
