Schroder AsiaPacific says situation in Hong Kong remains of concern – Schroder AsiaPacific (SDP) delivered an NAV total return of +1.8%, which was slightly behind the benchmark which rose +2.2%. Key positives were stock selection in Taiwan and Korea, while non-index exposures to Australia and the Netherlands also added value. Stock selection in India was also strong, […]
Scottish Investment Trust increases dividend for 36th consecutive year – The Scottish Investment Trust (SCIN) has reported the following financial highlights for the year to 31 October 2019: Total dividend increased by 20.0%; Regular dividend increased by 7.5% to 22.80p; 36th consecutive year of regular dividend increase; Share price total return +1.0% and NAV total return +0.5%. […]
NextEnergy Solar announces second subsidy-free plant energisation of the year – NextEnergy Solar (NESF) has announced the energisation of Staughton, which it describes as the UK’s largest subsidy-free solar plant with an installed capacity of 50MWp. The Staughton solar plant will cover the yearly electricity demand of approximately 15,000 UK households. It is largely located on a […]
JLEN Environmental Assets acquires anaerobic digestion plant – JLEN Environmental Assets (JLEN) has acquired an anaerobic digestion plant and a associated waste collection business. It has bought a 70% stake in Bio Collectors Holdings (BCH). BCH, through its subsidiary companies holds the rights and operational assets that make up the anaerobic digestion (AD) plant and the Bio Collectors waste […]
In QuotedData’s other news 13 December 2019 – Oryx International Growth (OIG) delivered NAV total returns of 9% over its interim period to 30 September 2019. During the same period, OIG said the relevant smaller companies’ index reported a decline of approximately 7%. The board of Schroder UK Public Private Trust, previously Woodford Patient Capital […]
TwentyFour Select Monthly Income’s 5.2% year-end NAV return led by banking and insurance sectors – Over the year ended 30 September 2019 TwentyFour Select Monthly Income (SMIF) says it performed in line with expectations, generating an NAV total return of 5.16% for the year. As a comparison the Euro high yield index generated a total return […]
Aberdeen Diversified Income & Growth discount widens as NAV returns fall short of wider market – The flexible investment sector company, Aberdeen Diversified Income & Growth (ADIG) has posted annual results to 30 September 2019. While NAV total returns increased by 1.1%, the share price was down by (9%). Chairman, James M Long, noted: “Reflecting this […]
Perpetual Income and Growth reaction to Edinburgh Investment Trust management change decision – The board of Perpetual Income and Growth (PLI) has issued a statement following the news this morning that Edinburgh Investment Trust (EDIN) was replacing Mark Barnett (Invesco) as its manager following a period of underperformance (click here to read more on this). PLI […]
In QuotedData’s other news 11 December 2019 – UK growth & income company, Edinburgh Investment Trust (EDIN) has decided to replace Invesco as manager (Mark Barnett is the lead manager) and has today announced that it has entered into heads of terms for the appointment of Majedie Asset Management (Majedie). The appointment of Majedie as EDIN’s […]
Merian Chrysalis approaching three quarters deployment with latest investments – Merian Chrysalis (MERI) has announced an investment of €14.4m, as part of a funding round conducted by wefox Group. The company invested by way of a convertible loan note. wefox Group was founded in Berlin in 2015 and has already established itself as one of Europe’s largest and […]
