FastForward has published accounts for the year ended 31 March 2016. This has been a transformative year for the company as it adopted a new investment strategy. The net assets of the Company at 31 March 2016 were £10,277,000 (2015: £463,000), equal to 7.85p net assets per Ordinary Share (2015: 1.69p net assets per Ordinary Share). The share […]
Over the year to the end of March 2016, Big Yellow’s EPRA NAV rose by 11.5% to 569.1p. Its adjusted diluted EPRA earnings per share were up 15% to 31.1p and from this they are paying dividends totalling 24.9p for the year, an increase of 15%. The increase in profits was driven in part by […]
JPMorgan Japanese says for the six months ended 31st March 2016 the total return to shareholders was +8.5% in sterling terms, with a total return on net assets of +14.2%, compared with a rise in the Company’s benchmark of +8.3%. The manager says the outperformance versus the benchmark was due primarily to stock selection and, […]
JPMorgan Chinese beat its new benchmark over the six months ended 31 March 2016 – generating a return on net assets of 6.8% against 6.2% of for MSCI China (from 26 January) and MSCI Golden Dragon (before 26 January). Had they stuck to the MSCI Golden Dragon Index though, the fund would have underperformed (the six […]
F&C Capital & Income has published figures for the six months ended 31 March 2016. Over this period on a total return basis, the company’s net asset value per share rose by 4.8% against the FTSE All-Share return of 3.5%. On the same basis, the share price of the company rose 3.8% as the premium to […]
UK Mortgages Limited and TwentyFour Asset Management LLP have created Malt Hill No.1, a public securitisation backed by buy-to-let mortgages originated by Coventry Building Society Group. These mortgages were purchased in November 2015 by UK Mortgages Corporate Funding Designated Activity Company. The securitisation transaction was announced on 23rd May, with a view to price the Class A notes […]
Ecofin Water & Power Opportunities has announced proposals for a reconstruction of the fund, ahead of a continuation vote, which is due to be held before the end of June 2016. The board say that, subject to the passing of the Continuation Vote, the Company intends to propose a scheme of reconstruction with shareholders being: […]
Invesco Perpetual Select Trust plc has announced that the Directors have agreed with the company’s Manager, Invesco Fund Managers Limited, an amendment to the fees payable under the Investment Management Agreement. The amendment is to the fee payable on the Managed Liquidity portfolio, which will reduce from an annual rate of 0.25% to 0.12% of […]
Following the acquisition of Amedeo Air Four Plus’ initial six A380 aircraft , and in line with its investment policy, the Company continues to seek further investments in widebody aircraft, which will be leased to one or more major airlines. The Board currently anticipates that it will consider, with the advice of Amedeo and Nimrod […]
Investors Capital has released results for the year ended 31 March 2016. The Company’s Equities Portfolio produced a total return of -2.4 per cent. during the year to 31 March 2016, while the Higher Yield Portfolio returned 1.1 per cent. Returns from the Equities Portfolio and the Higher Yield Portfolio, combined with the effect of […]
