CC Japan Income & Growth (CCJI) has announced its annual results for the year ended 31 October 2018. During the year, CCJI has provided an NAV total return of 4.1%, while its share price rose by 2.8%. CCJI has therefore outperformed the Topix, which it says fell by 0.4% (all in sterling terms). Richard Aston, […]
Carador Income Fund (CIFU) and Blackstone/GSO Loan Financing (BGLF) have announced that the rollover of CIFU shares into new BGLF C shares has been delayed because the anti-money laundering (AML) checks have not been completed in time. The companies say that this is “partly due to seasonal factors”. As a consequence, the capital reorganisation has […]
Following on from its announcement on 7 December 2018 that its manager Markel CATCo Investment Management Ltd, is subject to enquiries, by the US and Bermuda governments, into loss reserves recorded in late 2017 and early 2018 (click here to read the story), CATCo Reinsurance Opportunities (CATCo) has now announced that its board has noted […]
Tetragon Financial Group (TFG) has announced that its GreenOak Real Estate joint venture is to merge Bentall Kennedy, which it describes as Sun Life Financial Inc.’s leading North American real estate and property management firm. The combined entity will be named Bentall GreenOak and will be part of Sun Life Investment Management. The merger is […]
SDCL Energy Efficiency Income Trust (SEIT), which listed on the London Stock Exchange on 11 December 2018 having raised £100m from its IPO, has announced that it has completed the acquisition of its seed portfolio for £87m million. SEIT has that the terms of the acquisition are in accordance with its prospectus that was published […]
John Laing Environmental Assets Group (JLEN) has announced that it has acquired an anaerobic digestion asset, Biogas Meden Limited, for £16.2m. Biogas Meden owns the Welbeck Anaerobic Digestion Plant. Following this acquisition, JLEN has a portfolio of six anaerobic digestion projects and the total capacity of the renewable energy assets in the JLEN investment portfolio […]
Hipgnosis Songs Fund has announced that it has acquired a music catalogue from Christopher “Tricky” Stewart, an American record producer, songwriter, music publisher and multiple Grammy winner. The Company has acquired a 100% interest in Tricky’s catalogue including has ASCAP (American Society of Composers, Authors and Publishers) income. Tricky Stewart’s Catalogue The catalogue comprises 121 […]
Pacific Horizon Investment Trust has announced a change to the first tier of its management fee that is beneficial to shareholders. With effect from 1 January 2019, the annual management fee will be charged at a rate of 0.75% on the first £50m of net assets, at 0.65% on the next £200m of net assets […]
Lowland Investment Company (LWI) has announced its annual results for the year ended 30 September 2018. The chairman, Robert Robertson, reports that, during the year, LWI saw a combination of modest capital growth and strong revenue growth with an NAV total return of 2.7%. He says that this has been a disappointing year when measured […]
Greencoat UK Wind (UKW) has announced that it has acquired two windfarms, Church Hill and Crighshane, from the Irish Infrastructure Fund and from the Viridian Group (the Viridian Group held a minority stake), for a total consideration of £87 million, including the prepayment of existing project finance debt facilities. The acquisition has been funded by […]
