Hipgnosis Songs Fund has acquired another music catalogue- Hipgnosis Songs Fund (SONG) has acquired a music catalogue from Jason Boyd. Jason Boyd is a US-based song writer who goes by the name Poo Bear. He has collaborated with some of the biggest artists over the past 20 years, including: Usher, David Guetta, DJ Khaled, Fifth […]
European Assets Trust is redomiciling to the UK- European Assets Trust (EAT) is expected to move their legal domicile from the Netherlands to the United Kingdom. There will not be any difference in the investment policy or dividend policy and the investment team will not change. European Assets Trust has also set up a subsidiary […]
Capital Gearing Trust net asset value is up 5.3% – Capital Gearing Trust (CGT) is up 5.3% since its year end and is up 2.8% since this time last year. The performance since year end on 5 April 2018 is being driven by a weakening sterling compared to the dollar. Around 47% of the portfolio […]
Chelverton Growth Trust has decided to wind up- Chelverton Growth Trust has seen a significant decline in the net assets value per share from 85.63p to 60.48p which is a decrease of 29.37%. Which is a reverse of the gains made from last year. Also, in the same period the index for the MSCI Small […]
Manager resigns at Ranger Direct Lending- Ranger Direct Lending (RDL) today has announced that the manager will resign on 12 February 2019. The manager announced its resignation following the publication of the decision to change Ranger’s investment strategy. The voting on the new investment strategy will take place at the extraordinary general meeting on 16 […]
JPMorgan Japanese outperforms the benchmark for the year- JPMorgan Japanese had a return on net assets of 26.8%, which outperformed the benchmark by 14.2%. JPMorgan Japanese on 26th March 2018 reached a market capitalisation of £712.7 million which was sufficient enough for it to become a constituent of the FTSE 250 Index on 31st March […]
LXi REIT has made six new property acquisitions- LXi REIT has purchased six new properties with total consideration of £62.4 million (excluding costs). This has the companies £175 million equity raise on 12 October 2018 fully deployed. All six properties are 100% linked to the retail price index. The weighted average unexpired lease terms to […]
Hg Capital Trust sells Atlas- Hg Capital Trust (HGT) has agreed to sell Atlas to Mintra Group. Atlas is a specialist Learning Technology Services Business which offers learning solutions to safety critical industries. Atlas has served standard bodies, regulators, and more than 1,700 corporate customers. They have 1,000+ learning courses in 110+ countries and they […]
Standard Life Investments Property Income buys in Birmingham- Standard Life Investments Property (SLI) has recently purchased multi let office for £23.75 million with an initial yield of 7.6%. The building is 140,960 sqft and is located on Hagley Road in Birmingham. The building is located 1 mile from Birmingham city centre. With major infrastructure projects […]
Schroder Income Growth continues to increase dividends- Schroder Income Growth Fund (SCF) has raised dividends by 5.4%, with total distribution of 11.8 pence per share. This was twice that of the 2.7% that was achieved by the Consumer Prices Index over the same period. This is in line with the objective of the Schroder income […]
