Henderson Alternative Strategies Trust has announced its annual results for the year ended 30 September 2015. During the period, the Company delivered a NAV total return of -5.0% compared with a 0.8% rise in its FTSE World Total Return Index global equity benchmark. However, the board say that they are very encouraged to see that […]
JPMorgan Brazil reported a total return on net assets for the six month period ended 31 October 2015 of -33.9%, whereas the benchmark, the MSCI 10/40 Index (in sterling terms) recorded -35.6% for the same period. The manager’s report says the portfolio’s underweight in energy was a strong positive contributor, with the portfolio benefiting in particular from […]
Geiger Counter reported a 43% fall in its NAV over the year that ended on 30 September 2015 – in line with the fall in the URA Uranium Equity ETF. A large part of the fall in the ETF price though relates to a widening discount as, they say, the discount on the physically-backed uranium ETF, […]
Custodian REIT has announced that it has acquired the Phoenix Leisure Park, Crewe (pictured), which comprises four freehold units occupied by Pizza Hut, Mecca Bingo, Odeon Cinemas and MFA Bowl. The park, which is near Grand Junction Retail Park and within walking distance of the town centre and railway station, covers 55,713 sq ft. The […]
GLI Finance has announced this morning that, in light of feedback received as part of the marketing of the 2020 ZDP Shares to investors, the board has decided to cancel the Placing and Open Offer of 2020 ZDP Shares. Furthermore, the Board has decided that it will not be progressing with the issue of the […]
Following the sale of its property portfolio to Kildare Partners (announced in June 2015) Invesco Property Income has, as anticipated, delisted from the London Stock Exchange. The company is in wind-up and all of the proceeds from the sale were to be used to pay back the company’s lenders. Invesco Property Income Trust was a property […]
On 26 October 2015, Caledonia Investments announced that it had agreed to acquire Gala Bingo Holdings Limited, the UK’s largest retail bingo operator, from Gala Coral Group, in a transaction which valued the business at £241m. The acquisition was conditional on change of control approval by the Gambling Commission, which has now been granted, and […]
The board of Schroder Global Real Estate Securities has announced that a scheme for liquidating the company is to be put to shareholders for approval. They say that it is expected that the proposals will offer an opportunity for shareholders to retain their exposure to the same asset class through one or more open-ended vehicles […]
GCP Infrastructure has announced results for the year ended 30 September 2015. They made a total return for the year of 9.5%. The NAV at 30 September 2015 was 107.47p. The dividend for the year was 7.6p. Earnings per share were 9.30 pence which is broadly in line with 2014. They raised an additional £140m in […]
Schroder Asia Pacific says, during the year ended 30 September 2015, the Company’s net asset value produced a negative total return of 3.3%, again outperforming its benchmark, the MSCI All Countries Asia ex. Japan Index, which produced a negative total return of 6.0% over the same period. There will be a dividend of 4.2p. The […]
