Industrial Multi-Property Trust’s shares are up 9% following the announcement of its annual results for the year ended 31 December 2015. Their adjusted net asset value per ordinary share increased by 18.6% – to 261 pence as at 31 December 2015 from 220 pence at 31 December 2014. Adjusted loss per share improved to a loss of 18.1 […]
Pacific Horizon’s interim results for the six months ended 31 January 2016 have been published. These show that its net asset value per share fell 6.1% to 185.64p. The share price fell 11.9% and the discount widened from 8.2% to 13.8%. Over the same period the MSCI All Country Asia ex Japan Index fell 7.4% […]
Alliance Trust reports a 5.4% total return on net assets and a 10.7% return to shareholders for the year ended 31 December 2015 this compares to the MSCI ACWI benchmark return of 3.8%. The total dividend is 12.43p, up 0.4% on 2014. Alliance Trust Investments (ATI) generated net inflows of £81m, ending the year with […]
Aberdeen Smaller Companies High Income reports that its net asset value on a total return basis increased by 13.4% over the twelve months to 31 December 2015. This compares with a rise in the FTSE SmallCap (excluding investment companies) Index of 13.0%. The FTSE 100 Index fell by 1.3%. The narrowing of the discount, to 13.6% at […]
Secure Income REIT has published results for the year ended 31 December 2015. Over the period, the EPRA NAV rose by 9.4% to 282.8 pence per share (after incurring early debt repayment costs amounting to nearly 16% of EPRA NAV as at 31 December 2014). EPRA earnings per share for the period were 2.6p. They intend to pay quarterly […]
Mithras has reported a 6.7% uplift in its NAV and a 2.8% increase in its share price over the year ended 31 December 2015 (as the discount widened from 12.1% to 15.3%). the Board has recommended a final dividend totalling 1.0 pence per share (2014: 1.0 pence). Cash distributions received by the Company amounted to […]
Scottish American’s results for 2015 show its net asset value (NAV) total return (capital and income) for the year was 5.9% and the share price total return was 9.2%: the total return from the global equity market was 4.1%. The full year dividend will be 10.70p per share, 1.9% higher than the 2014 dividend of 10.50p and […]
Symphony International Holdings Limited has announced results for the year ended 31 December 2015. The NAV attributable to the ordinary shares on 31 December 2015 was US$1.3172 per share (US$1.3011 per share on a fully diluted basis). This represents a 2.2% decline over the NAV per share of US$1.3473 at 31 December 2014 (US$1.3356 per […]
The Board of Seneca Global Income & Growth Trust plc (the Trust) is pleased to announce that Peter Elston has been appointed a named fund manager alongside Alan Borrows. Peter Elston joined Seneca Investment Managers in November 2014, as Chief Investment Officer and is also responsible for Seneca Investment Managers’ clients’ asset allocation. As previously announced, […]
City Natural Resources has published interims for the six months ended 31 December 2015. The Chairman’s statement opens thus: “It is five years since I last wrote to you with unqualified good news and I am very much afraid that the six months under review continues what has been a dismal run, with no let-up […]
