Investment Company News

20 May 2016

New co-manager for JPMorgan Asian

JPMorgan Asian has announced the appointment of Ayaz Ebrahim, as joint fund manager of the Company, alongside Richard Titherington. Ayaz, a Managing Director at JPMorgan Asset Management and based in Hong Kong, is a highly experienced portfolio manager who heads the Asia Pacific Core Team and chairs the Asset Allocation Committee within the Emerging Markets and […]

20 May 2016

Amedeo mulling leasing Boeing 777-300s

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 […]

20 May 2016

Investors Capital just ahead of benchmark

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 […]

20 May 2016

VinaLand and VinaCapital Vietnam Opportunities sell Danang Golf

VinaLand and VinaCapital Vietnam Opportunities are selling their stakes in the Danang Golf Project. The project, acquired by VNL and VOF in 2006, is situated in Danang on 219.8ha of land and includes a completed 18-hole golf course with related facilities as well as residential dwellings, some of which are currently under construction. The project site […]

19 May 2016

Standard Life Investments Property Income sells Turin Court, Stockport, for £2.95m

Standard Life Investments Property Income Trust has announced that it has completed the sale of Turin Court, a small office building in Stockport, for £2.95m. The trust says that Turin Court is a modern office but the current tenant is due to leave in July 2016, following the expiry of the lease, and capital expenditure […]

19 May 2016

John Laing Infrastructure invests in highway service areas

John Laing Infrastructure has announced that it has entered into an agreement to acquire a 100% interest in Project Service LLC, the provider of 23 highway service areas in the State of Connecticut (USA), between New York and Boston. John Laing Infrastructure has purchased the interest from Carlyle Infrastructure Service Plazas, L.P. (an affiliate of The […]

19 May 2016

Caledonia sticking to its strategy

Caledonia delivered a positive net asset value per share total return of 2.6% for the year ended 31 March 2016, compared with 14.2% for the previous year. Over the year, the FTSE All-Share Total Return fell by 3.9%, though the S&P 500 remained flat. The Chairman emphasises though that they do not seek to benchmark performance […]

19 May 2016

Henderson Alternative Strategies Board keeping close eye on performance

Henderson Alternative Strategies delivered a NAV total return of -2.3% during the half-year to 31 March 2016 compared to a rise of 11.5% in its FTSE World Total Return Index global equity benchmark.  The Chairman’s statement says that, whilst the company tends to outperform in testing markets (e.g. for the six-month period to 30 September 2015), […]

18 May 2016

HICL Infrastructure NAV ahead of target

HICL Infrastructure has announced results for the year ended 31 March 2016. The NAV per share was 142.2p at 31 March 2016 (2015: 136.7p), which was ahead of budget. Total shareholder return for the year was 9.6% on a net asset value (“NAV”) total return basis and 6.8% on a share price total return basis. […]

18 May 2016

Starwood European lends against UK property portfolio

Starwood European Real Estate Finance Limited announced on 16 May that it has arranged GBP158.1 million loan facilities for certain affiliated companies of Värde Partners to refinance a portfolio of 141 retail, office and industrial assets located throughout the UK. With 393 tenants the Portfolio reflects very strong diversification in terms of tenant, geography and sector. […]