Blackstone / GSO Loan Financing has announced that it is increasing its target dividend to €0.10 per share from €0.08 per share. The company says that, in line with its stated investment strategy, it has originated 9 CLOs since launch and retained majority interests in the income notes in each of them. As at 29 […]
For the year ended 30 June 2016, Standard Life UK Smaller Companies’ diluted net asset value total return was 4.1%, compared with a total return of -6.6% for its benchmark. The Board is recommending a final dividend of 5.20p per share, an increase on last year’s final dividend of 18.2%. If approved, the final dividend, […]
Empiric Student Property has announced that it has acquired the freehold of a 79 bed student accommodation property, Pavilion Court (pictured), in Canterbury, for £9.2m (excluding acquisition costs). The property, which is the company’s first acquisition in Canterbury, comprises 79 beds in a mix of studios and one, two, three and four-bed apartments. It was […]
Baillie Gifford Japan Trust, which has a tiered fee structure, has announced that, with effect from 1 September 2016, a third stepped tier has been introduced at £250m of net assets. Under the revised arrangements, the annual management fee payable to the Company’s Investment Managers and Secretaries, Baillie Gifford & Co Limited, will be as […]
Edinburgh Worldwide Investment Trust, which has a tiered fee structure, has announced that, with effect from 1 September 2016, a third stepped tier has been introduced at £250m of net assets. Under the revised arrangements, the annual management fee payable to the Company’s Investment Managers and Secretaries, Baillie Gifford & Co Limited, will be as […]
With effect from 8.00am on 1 September 2016, the fund formerly known as GLI Alternative Finance plc has changed its name to The SME Loan Fund plc. It is now trading under the ticker ‘SMEF’. The Company’s website has also changed from www.glialternativefinance.com to www.thesmeloanfund.com. The company says that all other details remain unchanged. Separately, […]
TLI Alternative Asset Opportunities has announced that it has received notification of a policy maturity on one life with a face value of US$1.2m. The company say that the maturity is in the process of being verified and, assuming it is certified, will add approximately 0.5p to the company’s NAV per share. TLI Alternative Asset Opportunities […]
Altin AG has announced its interim results for the six months ended 30 June 2016. The company says that, the portfolio generated negative returns in the first half of 2016. However, for the YTD to end July 2016, the company says that the portfolio recovered a part of the losses to post an NAV return […]
BBGI SICAV has announced its interim results for the six months ended 30 June 2016. During the period, the company’s NAV increased by 8.7% to £521.78m, whilst its NAV per share increased by 8.3% t0 120.8p. The company’s final dividend of 3.0p per share for 2015 resulted in a total payment for the year of […]
Picton Property Income (Picton) has announced that the disposal of one of its City of London office assets, Boundary House, Jewry Street, EC3 completed on 30 August 2016. The disposal proceeds were £27.8m, which the company says is in line with the June 2016 valuation, and will be used to reduce its debt (Picton’s zero […]
