Bluefield Solar Income Fund has announced the results of its recent placing. The company says that commitments for 60,000,000 new ordinary shares were received and will be issued at a price of 101p per share, raising gross proceeds of approximately £60.6m. The New Ordinary Shares, which represent approximately 19% of the issued ordinary share capital […]
Over the twelve months to 31 August 2016, BlackRock Greater European’s net asset value per share increased by 16.9%, compared with a rise of 15.4% in the FTSE World Europe ex UK Index. The share price rose by 13.8% over the same period. The Board is proposing the payment of a final dividend of 3.65p […]
MedicX has contracted to acquire, by way of forward funding, a new primary healthcare medical centre in Brynmawr, South Wales. The property is due to be completed in November 2017. The acquisition is being made under the framework agreement with General Practice Investment Corporation (“GPI”) which was agreed in May 2013. The completed development will […]
The Board of BH Macro has announced that the company and its manager, Brevan Howard Capital Management LP, have agreed that the Manager will waive its entitlement to a management fee in respect of any performance-related growth of the Company from 3 October 2016 onwards. In addition, Brevan Howard Master Fund Limited will not charge […]
During the six months ended 31st August 2016, the total return on JPMorgan Income & Capital’s shareholder’s funds was 6.3%, compared with a return of 12.4% recorded by the composite benchmark (comprising 90% FTSE 350 Index and 10% Bloomberg Barclays Global Aggregate Corporate Bond Index in sterling terms). The Board has declared two quarterly interim […]
In the year to 30th June 2016, the total return on JPMorgan Global Convertibles Income’s net assets was 0.0% compared to -1.0% last year. The return to shareholders, which reflects the share price movement and the dividend, was -9.5%. Three quarterly dividends totalling 3.375p per share were declared and paid during the year. The Board […]
Over the year to 31 August 2016, Aberdeen Latin American Income Fund’s NAV total return was 46.2%, ahead of the 38.8% rise in its composite benchmark’s return. On a total return basis the Ordinary share price rose by 36.7% to 66.63p reflecting a widening in the level of discount to NAV per share which moved from […]
UK Commercial Property Trust faces a continuation vote as it has been trading on too wide a discount. Continuation votes triggered by the fund’s discount trading at wider than 5% for 90 days were built into the structure of the fund. The vote was triggered on 11 October 2016 and the meeting will be held […]
SVG Capital has announced that it has sold 100% of its portfolio having today signed an asset transfer deed with Harbourvest. Harbourvest Structured Solutions III LP is paying £807m for the portfolio. The price is a small (0.6%) premium to the NAV at end July 2016. Taking that figure, adding SVG’s existing cash pile and allowing […]
JPMorgan Smaller Companies has published its results for the year ended 31 July 2016. The total return on net assets before dilution was -7.7% (-6.4% after dilution), which compares with +2.1% for the benchmark index. The return to shareholders was -10.1% reflecting a widening of the share price discount to diluted net asset value from 17.0% […]
