CATCo Reinsurance Opportunities Fund has published its Annual Report. For the year ended 31 December 2015, it achieved a net NAV return for shareholders of 11.58%, exceeding the target annual net return of LIBOR plus 9 to 12% per annum. CATCo also outperformed the industry benchmark, the Eurekahedge ILS Advisors Index, by 7.31%. They say […]
BlueCrest Capital Management Limited has made a statement which we reproduce below: “CDS Settlement Dear Investor, We are writing to inform you of a positive development that we believe will affect the BlueCrest managed funds listed below. As you may have read in the press, there has been a recent settlement of a U.S. […]
Dunedin Enterprise Investment Trust says its largest investment, CitySprint, has been realised with a portion of the proceeds being rolled over into a new company (“New CitySprint”). The realisation of CitySprint values the company at £175m and generates proceeds of £26.1m for Dunedin Enterprise. This compares to a valuation at 30 September 2015 of £23.2m. […]
M&G High Income says, on a net asset value basis, each Package Unit delivered a negative total return of 3.6% over the six months to 30 November 2015. This was above the returns of the FTSE 350 Higher Yield Index and the FTSE All-Share Index, which were a negative 9.4% and 6.4% respectively over the same period. Over the six months […]
The Board of JPMorgan Senior Secured Loan has considered the future prospects of the Company, particularly in light of the commitment under its Articles of Incorporation to make a redemption offer for 50 per cent. of its shares, triggered by the Company’s shares trading at an average discount in excess of five per cent during […]
SEGRO has announced its annual results for the year ended 31 December 2015. The company describes the year as one of strong operating and portfolio performance and they say the results reflect the active management of their assets, positive market dynamics and the strategic repositioning of the company’s portfolio, which is now almost exclusively focused […]
Strategic Equity Capital’s interim figures, covering the six months ended 31 December 2015, show the NAV per share and the NAV total return per share decreased by 2.3% and 2.0% respectively. The Chairman’s statement says that aside from the exceptionally disappointing returns from one investment, Tribal Group, the vast majority of the remaining portfolio performed […]
Sanditon Investment Trust says the second half of 2015 was a disappointing period for the fund with the net asset value closing at 99.3p which, after including the 0.45p maiden dividend paid to shareholders in December, amounted to a loss of 3.25% over the period. The share price closed the year at 107.4p, up 0.8% […]
SEGRO has announced that it has entered into an exclusive partnership with Roxhill to potentially develop more than 10 million square feet of big box logistics warehousing, over 10 years, in the South East and Midlands. This will allow SEGRO to add significant scale to its UK big box logistics portfolio. SEGRO says that Roxhill is […]
Redefine International has announced the completion of the Placing, which has raised gross proceeds of approximately £115m (net proceeds approximately £109m). A total of 270,588,236 new Ordinary Shares are being issued under the placing. These shares, in aggregate, represent approximately 15.32% of the company’s issued ordinary share capital immediately following admission of the shares. The […]
