Investment Company News

05 Jul 2016

Polar Capital Technology edges ahead of benchmark

Polar Capital Technology’s results for the year ended 30 April 2016 have been published. The global technology sector performed better than the broader indices for most of the financial year but finished in line with the FTSE World Index after a sharp decline in several of the leading technology stocks in April. Polar Capital Technology’s […]

05 Jul 2016

Another good year for Oryx

Over the year to the end of March 2016 Oryx International Growth‘s net asset value rose by 21.3% as compared to a fall of 0.8% in the AIM Index. Gleeson’s share price rose 50% following better than expected results, while Journey Group share price rose 46%, following successful new contracts with Fedex and extensions with […]

05 Jul 2016

VPC Speciality Lending manager to reinvest part of fee

Victory Park Capital Advisors, LLC, the investment manager to VPC Speciality Lending, has agreed an amendment to the investment management agreement with the Company. Under the revised agreement, Victory Park Capital Advisors will invest 20 per cent. of its monthly management fee received from the Company into shares in the Company at the prevailing market […]

04 Jul 2016

Fair Oaks Income updates on distribution policy, share buyback and capital returns

Fair Oaks Income Fund has announced that the commitment period of the Master Fund, in which it is invested, ended on 12 June 2016. Reflecting this, the board says that it intends to continue to pay eleven monthly dividends of 0.7 US cents per share and a twelfth interim dividend, “representing an amount in aggregate […]

04 Jul 2016

Leaf wins first round against Invenergy

In December 2015, as previously announced, Leaf Clean Energy  filed a lawsuit in Delaware Court of Chancery against Invenergy Wind LLC alleging, in part, that Invenergy breached the Third Amended and Restated Limited Liability Company Agreement governing the membership interests in Invenergy (the “Operating Agreement”).  Leaf alleged that Invenergy was required to either obtain Leaf’s […]

04 Jul 2016

New co-manager for JPMorgan Global Emerging Income

The Board of JPMorgan Global Emerging Markets Income Trust has announced that effective from 1st August 2016, Jeffrey Roskell will replace Richard Titherington as the second listed Investment Manager. The Company will continue to be managed primarily by Omar Negyal, with Amit Mehta providing additional support to the team as Deputy Investment Manager. Mr Roskell (pictured) is […]

04 Jul 2016

INPP buys stakes in ten schools projects

International Public Partnerships Limited has announced that it has agreed to acquire ten Building Schools for the Future (“BSF”) investments from Balfour Beatty, marking a significant evolution in the Company’s allocation to education infrastructure. The transaction will transform INPP into a majority investor in BSF, the investment delivery vehicle designed to refurbish secondary schools across the […]

04 Jul 2016

Trading Emissions agrees settlement with Dianneng

Board of Trading Emissions has announced that a settlement has been reached in respect of all of the arbitrations with subsidiaries of Yunnan Dianneng (Group) Holding Co. Ltd. By way of background, in 2014, the Company received notices of arbitration in respect of claims that challenged the amendments that had been made to, in total, […]

04 Jul 2016

Nimrod Sea Assets results reflect oil price woes

Nimrod Sea Assets has published results for the year ended 31 March 2016. The company made various announcements in the early part of the year. These included the decision to effectively halt any further deals and new transactions; to pay four quarterly dividends of 2 cents per share from June 2015 to March 2016, most of […]