This week I thought I would write something on BlackRock Latin American Trust. China might have attracted all the headlines recently but the knock-on effect of its slowdown on Latin America has been dramatic. Regional markets have been awful, and the situation has persisted for some time now. http://citywire.co.uk/money/lat-am-trusts-my-worst-call-yet-but-im-not-quitting/a842523
By investing in ‘convertibles’ – bonds that can convert into shares – JPMorgan Global Convertibles Income offers a strong yield. But why the secrecy over its investments? http://citywire.co.uk/money/the-convertibles-investment-trust-shrouded-in-secrecy/a842531
Investing in halls of residence can be tricky though high yielding Empiric Student Property and GCP Student Living have made it work. http://citywire.co.uk/money/student-property-trusts-pass-the-test-as-income-funds/a835627
The appointment of two new non-executive directors at Alliance Trust should reassure shareholders but pressure remains to deliver improved performance at the trust, experts say. http://www.fundweb.co.uk/news-and-analysis/will-new-alliance-trust-directors-bring-change-to-the-trust/2023856.article
Peter Ewins, manager of F&C Global Smaller Companies investment trust, is eyeing opportunities all over the world. http://citywire.co.uk/money/fandc-s-ewins-buys-small-cap-bargains-after-the-sell-off/a836116
KEFI Minerals has reported that it is likely to fund the whole of the US$120 million required to build a mine at its 100%-owned Tulu Kapi gold project, in Ethopia, at the project level through a combination of debt, gold streaming and equity funding as well as the participation of the Government of Ethiopia, which […]
Late on Friday, JPMorgan Overseas published its final results for the year ended 30 June 2012. The total return on net assets for the year was 11.8%, ahead of the total return of 9.5% for the benchmark, the MSCI All Country World Index (in sterling terms). The total return to shareholders was 10.3%. The final dividend […]
GCP Student Living has been busy spending the money it raised in its recent C share issue. They have announced the completion of the acquisition of The Pad 2 and exchanged contracts to acquire Scape Shoreditch. The Pad 2 is located adjacent to Royal Holloway, University of London. The Pad 2 is a purpose-built, private student […]
Jupiter Primadona’s annual results, covering the year ended 30 June 2015, show the fund generating a total return of 7.6%, 3% more than its benchmark. The return to shareholders was 7.9%. The quarterly dividends were maintained at 1.6p to give 6.4p for the year as a whole. The fund has been called Jupiter Primadona Growth Trust plc […]
The Law Debenture Corporation has agreed to issue £75m fixed rate 30-year secured private placement notes at an annualised coupon of 3.77%. The Board believes that, in the current bond and interest rate environment, it is desirable to obtain fixed rate, long dated sterling denominated financing at a pricing level that is attractive and, over the longer […]
