Edinburgh Partners Global Opportunities returned 2.2% on net assets over the course of 2014, better than the 1.2% return on the FTSE All-Share index but well behind the 11.3% returned generated by the FTSE All-World Index. The Board aims to pay a dividend of 3.3p for the year (from revenues of 3.7p). The portfolio’s focus […]
Black Sea Property has sent its shareholders a circular to convene an extraordinary general meeting at which it wants them to approve proposals to recommence investment activities in the residential real estate, holiday homes, commercial real estate and distressed real estate markets of Bulgaria, to adopt a new investing policy, appoint a new investment advisor, extend the […]
Juridica has published results for the year ended 31 December 2014. Over this period the net asset value fell from $2.02 to $1.66. 31 cents of this fall relates to a distribution (20p = 31 cents) made to shareholders so the loss on the net asset value over the year was 5 cents. The 5 […]
Over the course of 2014 Fidelity European Values generated a total return on net assets of 5.1% – well ahead of the 0.2% return generated by the FTSE All-World Europe ex UK Index, its benchmark. Shareholders did even better as the fund’s discount narrowed from 7.9% to 4.6%, pushing the return to shareholders up to […]
Haversham Holdings, which Marwyn invested in on its listing last year, has been linked to a £1.2bn bid for British Car Auctions, the owners of the webuyanycar.com website. An article in today’s Times says the two companies are in advanced talks. Haversham Holdings has confirmed that it is in “very advanced discussions which might lead to […]
Real Estate Investors says its EPRA net asset value rose by 4% over the course of 2014 – from 59.1p to 61.3p. Its EPRA earnings per share were negative although less so than in 2013 – loss per share of 0.3p vs. 0.4p in 2013. The dividend has been hiked by 50% however to make […]
RAB Special Situations’ results for 2014 show its net asset value falling from 16.83p to 11.43p – almost a third. 1.36p of the fall came from preparing the accounts on the basis that the fund is no longer a going concern. This was done on the basis that the Board thinks shareholders will vote against […]
Elliott Advisors, which holds a 12% stake in Alliance Trust, has today called for three directors of its choosing to be put onto the Alliance Trust Board. They say they have concerns over corporate governance which they have raised with the company but didn’t feel they were getting a meaningful response. The three nominees are Anthony […]
New research has revealed which investment trust sectors have delivered most for investors over the past 20 years and which have left them short changed. http://www.portfolio-adviser.com/news/product-news/top-investments-trusts-of-last-20-years-revealed
Alpha Pyrenees has published results for the year that ended on 31 December 2014. The fund’s net asset value has been declining in recent years – falling from 28.5p at the end of June 2013 to 22.8p at 31 December 2013 to 12p at 30 June 2014 and finally 6p at 31 December 2014. The […]
