In QuotedData’s morning briefing 7 April 2021 – Urban Logistics REIT (SHED) has bought two assets for a total of £21.7m at a 6.14% net initial yield. The assets are in Warrington and Edinburgh. SHED also provided an update on its rent collection, noting that it collected 99% of rent due for the quarter to June. […]
Mercantile (MRC), the £2.02bn UK all-companies sector fund, reported its annual results to 31 January 2021. MRC’s strategy is built around focussing on identifying tomorrow’s UK market leaders, targeting UK companies outside of the FTSE 100 index that have significant opportunities for growth and which may be overlooked by other investors. MRC’s chairman, Angus Gordon […]
Fundsmith Emerging Equities’S (FEET’s) annual results to 31 December 2020 saw it deliver a total NAV return of 20.7% and a total share price return of 29.1%. FEET’s benchmark, the MSCI Emerging and Frontier Markets Index, returned 14.4%. Indian stocks feature heavily in top performers Chairman, Martin Bralsford, said: “The investee company portfolio benefitted from its […]
Brevan Howard-managed BH Macro (BHMG) reported annual results spanning the 12-month period to 31 December 2020. During the year ended 31 December 2020, the NAV of the sterling shares increased by 28.09% and the NAV of the US dollar shares (BGMU) increased by 28.86%. The share price total return on sterling and US dollar shares was […]
In QuotedData’s morning briefing 31 March 2021 – JPMorgan Multi-Asset (MATE) announced that with immediate effect, to better reflect the investment objective of providing an attractive total return of growth and income, the company will change its name to JPMorgan Multi-Asset Growth & Income. The company’s London Stock Exchange stock ticker symbol MATE will remain […]
BlackRock Latin American (BRLA) released its annual results to 31 December 2020, with the NAV returning -14.5% on a total return basis. Brazil comprises over 60% of the fund’s assets and like most of the region, it has been severely affected by the pandemic. BRLA says the region was hit hard by the severity of […]
RM Secured Direct Lending (RMDL), which specialises in secured debt investments, announces its results for the year ended 31 December 2020. On a total return basis, the NAV increased by 3.1% and we note that the shares ended the year at a 6.7% discount (they began the year at a 1.7% premium). RMDL has a diversified […]
Fair Oaks Income (FAIR) announced the publication of a prospectus in relation to the reorganisation proposal and placing programme proposal. The purpose of the proposed reorganisation is to allow those shareholders who wish to extend the life of their investment in FAIR past the planned end date of Master Fund II, to be able to do so […]
SDCL Energy Efficiency Income (SEIT) announced that it has signed an agreement with Chargemaster (bp pulse), the UK’s largest operator of public electric vehicle (EV) charging points. As first announced on 6 August 2020, SEIT made an initial £50m investment commitment to The Electric Vehicle Network (EVN) as its development partner in EV charging infrastructure. ‘Electric vehicle sales in […]
In QuotedData’s morning briefing 29 March 2021 – VietNam Holding (VNH) had an excellent interim results period to 31 December 2020, with its NAV increasing by 38.7% in USD terms. Vietnam’s early success in containing COVID-19 helped it re-open its economy much sooner than many other nations. Within the portfolio, VNH’s overweight position in HPG, the leader in […]
