BlackRock World Mining experienced a strong recovery in its net asset value during H1 2016 yet lagged its benchmark index by 4.4%. The first six months saw the mining sector rebound, shrugging off a difficult start to the year when world equity markets took fright on heightened concerns over global economic growth. The Euromoney Global Mining […]
Witan Investment Trust has announced results for the six months ended 30 June 2016. During the first half of 2016, the Company’s net asset value total return was +6.4% compared with a benchmark return of +7.7% – reflecting underperformance of 1.3%. Excluding changes in the fair value of the Company’s debt, the NAV total return […]
The board of KHP Fund GP LLC, the general partner of KHP, and the board of Private Equity Investor are pleased to announce that they have reached agreement on the terms of a recommended cash offer pursuant to which KHP, acting by the General Partner, will acquire the entire issued and to be issued share […]
Henderson Smaller Companies has published results for the year ended 31 May 2016. The net assets of the company declined by 1.1% in the reporting year, outperforming the benchmark, the Numis Smaller Companies Index (excluding investment companies), by 0.5%. However the company’s discount widened, so the share price fell by 8.1%. The revenue return per share has […]
Over the six months to the end of June 2016, Tritax Big Box REIT’s EPRA net asset value per share increased by 4.23 pence or 3.4% to 128.91 pence (31 December 2015: 124.68 pence). Dividends declared for the six month period totalled 3.1 pence per share, putting the Group on track to hit the target […]
Riverstone Energy’s NAV per Share as at 30 June 2016 totalled $16.24/GBP12.25 per share, representing an increase of 29 cents or GBP1.42 compared to NAV per Share at 31 December 2015. They say the increase in NAV over the six months ended 30 June 2016 was primarily due to the increase in the fair market value […]
The Board of Tritax Big Box REIT has announced that it has acquired the distribution centre at Kingston Park, Peterborough, let to Amazon UK Services Ltd, for a purchase price of GBP42.9 million (net of acquisition costs), reflecting a net initial yield of 5.6% on the corporate acquisition. The purchase is being funded from equity […]
The Board of Tritax Big Box REIT has announced that it has acquired a distribution facility at Trafford Park, Manchester, let to Kellogg Company of Great Britain Limited, whose ultimate parent is the Kellogg Company. The purchase price is GBP23.5 million (excluding purchaser’s costs), reflecting a net initial yield of 5.9% on the asset acquisition. […]
Miton UK Microcap has published its first full year report which covers the year ended 30 April 2016. Over this period the FTSE All-Share Index fell by 9.0%. In contrast the FTSE SmallCap (excluding Investment Companies) Index actually rose 1.0% in the same period while the FTSE AIM All-Share Index fell just 3.4%. The Investment Manager outperformed over the first […]
HgCapital has announced that it has sold Relay Software, a leading provider of software to insurance brokers, underwriters and insurers in the Republic of Ireland, to Applied Systems, the leading global provider of cloud-based insurance broker management software. HgCapital partnered with Relay Software in early 2014, representing the third investment for Mercury, HgCapital’s specialist lower […]
