Brunner Investment Trust has published its results for the year that ended on 30 November 2014. Over the year the fund’s net asset value total return lagged the return on its benchmark by 3.6% (Brunner’s return was 6.0% and 9.6%). The company’s earnings fell too, by 3.3% to 14.7p. By contrast however the full year dividend […]
As James Hart, one of the investment team working on The Cayenne Trust, departs for Witan (see separate story) and Len Gayler, the fund’s chief executive, decides he’d like to relinquish responsibility for the fund in 2016, The Board of The Cayenne Trust has decided that the best course of action is to plan to […]
Witan has announced that James Hart is joining Witan’s management team to work alongside Andrew Bell on “developing, implementing and communicating Witan’s investment strategy”. After graduating from The University of Exeter in 1992, James joined Olliff & Partners, a stockbroker specialising in closed-end funds. In 1996, he joined Bank Julius Baer to develop the bank’s […]
A&J Mucklow has announced interim results for the six months ended 31 December 2014. Over the period its EPRA net asset value rose by 8.9% from 358p to 390p on property revalued upwards by 6.9% (industrial property increased in value by 8.4%; offices by 5.8% and retail property by 3.1%. Occupancy was better, at 94.3% […]
GLI Finance announced its net asset value as at the end of December 2014 today – 51.0p, up from 48.3p as the valuations of its underlying fund platforms rose. It also announced that it is exploring the launch of a fund, an independent investment company which would be managed by GLI and invest in a […]
HICL Infrastructure is paying €3.4m for an 85% stake in the Ecole Centrale Supelec PPP Project (“Project”). The Project reached Financial Close on 16 February 2015 and consists of the design, construction, finance and maintenance of a new facility for the Ecole Centrale Supelec on plateau de Saclay, near Paris, as well as a shared teaching […]
Real Estate Investors is buying 35-37 Great Charles Street, Birmingham for £1.85m. The building is a 24,500 sq ft prime city centre office building nearby to the new Paradise Forum development and at the heart of the new City centre masterplan. The building is part let producing £214,709 p.a. and tenants include National Governors’ Association, Children’s […]
Cambria Africa has asked for trading in its shares to be suspended pending the announcement of its annual accounts. The Company expects to publish its Accounts by the end of May 2015. It was planning to leave AIM and had asked shareholders to approve this at a meeting planned for 18 February. However it has […]
Polo Resources Limited announced yesterday that it has allowed its right to subscribe for a further 51,984,748 Weatherly International Plc ordinary shares at a Subscription Price of 2.925 pence per share to lapse, unexercised and in a separate announcement Weatherly said its shares would be suspended. Weatherly has no clarified its situation saying “that, in accordance […]
Murray Income’s interim figures, covering the second half of 2014, show the fund delivering a return on net assets of -2.9%, behind the return on the FTSE All-Share Index which was -0.4%. The fund’s rating improved however, reflecting a narrowing of the discount from 3.2% to 1.1%, and so the return to shareholders was -0.7%. The run […]
