Macau Property Opportunities (MPO) has announced that it has agreed a new investment management agreement with the manager, Sniper Capital, retrospectively effective from 1 February 2022. A management fee of US$100,000 per calendar month for the calendar year 2022 will be payable, following an interim payment of $99,000 in January 2022. Realisation fees will continue […]
In QuotedData’s morning briefing 25 February 2022: Gulf Investment Fund (GIF )has published its interim report for the six months ended 31 December 2021. During the period, GIF’s NAV rose 7.6%, versus an increase in its benchmark of 7.4%, and its share price rose 5.4%. GIF has declared a final dividend of 2.47c, to be paid […]
On 10 January 2022, we wrote an article detailing Jupiter Emerging & frontier Income’s (JEFI’s) plans to both amend its redemption facility (under the proposals, the redemption facility would be offered every three years – next to occur in June 2024 – with a maximum being 20% of the company’s outstanding ordinary share capital at […]
The events unfolding in Ukraine are awful to see and, to date, the response from the UK government woefully inadequate. The focus of sanctions has been on persons and businesses connected with the Putin regime. Perhaps now we should be going much further. Which investment companies are exposed to Russia? In the investment companies sector […]
The Renewables Infrastructure Group (TRIG) has announced its annual results for the year ended 31 December 2021, during which it has provided an NAV total return of 9.5%. Its chairman, Helen Mahy CBE, says that this sold performance reflects the Managers’ continuing work to enhance the portfolio (organically and through acquisitions), the sustained market demand […]
In QuotedData’s morning briefing 18 February 2022: City of London (CTY) has released its interim results for the six months ended 31 December 2021, during which it provided NAV and Share price total returns of 6.9% and 3.5% respectively. In comparison, its says that its All-Share benchmark returned 6.5%. CTY has declared two interim dividends […]
Global markets have been decidedly choppy during the last few weeks, as central bankers have signalled their view that further interest rate rises are needed this year, if they are to knock the wind out of rising inflation. In the US, inflation hit 7% in December (a level that has not been seen for decades) […]
Scottish American (SAIN) has announced its annual results for the year ended 31 December 2021, during which it provided an NAV total return for the year of 21.5%, which was modestly ahead of the total return from global equities of 20.0%, while its share price total return was modestly behind at 19.5%. SAIN says that […]
Round Hill Music Royalty Fund (RHM) has announced that the net proceeds of its C Share issue that was undertaken in July 2021 have now been fully invested and, accordingly, plans have been put in place to convert the C Shares into Ordinary Shares. The calculation date for the Conversion will be 29 April 2022 […]
CC Japan Income & Growth (CCJI) has announced its annual results for the year ended 31 October 2021, during which it experienced a strong recovery and was able to significantly outperform the Japanese market. To illustrate, during its financial year, CCJI provided NAV and share price total returns of 24.3% and 32.7%, while the TOPIX […]
