News

11 Nov 2015

Schroder Oriental Income shrugs off Asian market challenges

Schroder Oriental Income Fund, chaired by Robert Sinclair (pictured), has announced its results for the year ended 31 August 2015, during which the company’s NAV fell by 5.8% and its share price by 6.1%. However these are both appreciably ahead of the performance of the Company’s reference index, the MSCI AC Pacific (ex Japan) Index, […]

11 Nov 2015

Northern Investors on track for final liquidation by the end of 2017

Northern Investors has released its interim report for the half-year ended 30 September 2015. The company continues to follow its realisation strategy and, during the period, the number of holdings in the portfolio was reduced further from 15 to 12. Investment sales during the period generated total cash proceeds of £2.5m. The NAV per share […]

11 Nov 2015

JPMorgan Japanese – stock selection drives outperformance over TOPIX

JPMorgan Japanese, managed by Nicholas Weindling (Pictured),  has announced its final results for the year ended 30 September 2015 during which the companies NAV rose 14.7% (total return in sterling terms), outperforming its benchmark TOPIX index, which returned 6.0%. The share price performance was stronger returning 19.5% during the year. Over three years the Company’s […]

11 Nov 2015

Gabelli Value Plus+ Trust holding fire on 1st dividend payment

Gabelli Value Plus+ Trust has announced its first set of interim results for the period between 19 February and 30 September 2015. During the period the trust’s NAV fell 6.4% in total return terms underperforming the S&P 500 which fell 5.5% during the period (in Sterling adjusted terms). Share price total return during the period […]

11 Nov 2015

F&C UK Real Estate finalises new borrowing arrangements

F&C UK Real Estate, managed by Ian McBryde (pictured), announced in its interim results, released on 29 September, that the Board had been considering refinancing the company’s existing loan facility with Lloyds Bank, which is due for repayment in January 2017, and had agreed terms to refinance this through a new long-term term loan facility with Canada […]

11 Nov 2015

Great Portland Estates NAV rises 14% during H1, PBT up 15.7%

Great Portland Estates has announced its interim results for the six-months ended 30 September 2015. During this period, the company’s EPRA NAV per share has increased 14% to £8.08. The company’s EPRA profit before tax of £24.3m for the period is up 15.7% year-on-year whilst its EPRA EPS of 6.9p is an increase of 16.9%. […]

11 Nov 2015

Workspace Group increasing interim dividend by 25%, NAV per share up 12.7%

Workspace Group has announced its interim results for the six-months ended 30 September 2015. During the period the company’s EPRA NAV per share increased by 12.7% to £ 7.92 (from £7.03 as at 31 March 2015). Within this, the underlying property valuation has increased by 9.6% £1,6312m (31 March 2015: £1,423m). Profit before tax for […]

06 Nov 2015

Shareholders approve JPMorgan Overseas stock split

JPMorgan Overseas, managed by Jeroen Huysinga (pictured), has announced that shareholders have approved the sub-division of the company’s 25p ordinary shares, on a five for one basis, into 5p ordinary shares. The sub-division is to take place following admission of any new shares to be issued in connection with the final exercise of the Company’s subscription […]

06 Nov 2015

Henderson Far East Income increases dividend and mildly outperforms banchmark

Henderson Far East Income has announced its results for the year ended 31 August 2015. During the period the company’s NAV total return was -11.5%, marginally outperforming its benchmark, the FTSE All-World Asia Pacific ex Japan Index, which returned -11.8%. The company moved from trading at a 0.4% premium to a 0.9% premium during the […]

06 Nov 2015

NESF proposes share issue and repurchase whilst extending credit facility to £100m

NextEnergy Solar Fund has announced plans to issue and then immediately repurchase into treasury of 30,850,000 new shares. Over time the shares can then be sold out of treasury, which the company says will give it the flexibility to raise additional capital in an “efficient and cost-effective manner”. The company says the shares will be […]