BlackRock Frontier Markets managed to outperform its benchmark over the year to the end of September 2015, returning -12.2% on net assets against a -18.9% return on the MSCI Frontier Markets Index. Frontier Markets underperformed wider emerging markets as evidenced by a -13.6% return on the MSCI Emerging Markets Index. The return to shareholders was […]
The Board of BlackRock Commodities Income Investment Trust has set a target of an unchanged 6.00 pence per share dividend for the current financial year in light of current conditions in the commodity markets, volatility levels in the derivative markets and dividend prospects for the Company’s underlying investments. This target will be reviewed should there […]
Aberdeen New Dawn has announced interim figures for the six months ended 31 October 2015. Its benchmark, the MSCI AC Asia Pacific ex Japan Index, fell by 16.4%, while the net asset value fell by 17.0% (both on a total return basis). The share price declined by 16.7% (also on a total return basis), ending the period […]
The Board of Phaunos Timber Fund has announced the sale of three of the nine properties that comprise the Pradera Roja estate, in Uruguay, for USD 4.2 million. The sale is in line with the strategy announced earlier this year, of rebalancing the Company’s portfolio to one that has more mature, yield producing assets. The […]
Baker Steel Resources Trust’s Board has announced that, following consultation with a number of the Company’s largest Shareholders, it is seeking approval from Shareholders for an amendment to the Company’s investment policy. The amendment, if approved, will enable the Company to increase its existing investment in Polar Silver Resources Limited and/or any company within its […]
New City Energy say that during the year to 30 September 2015 its NAV, in total return terms, fell by 53.2% as the full extent of the price war in oil impacted the holdings in the Company’s portfolio. The share price fell by 58.7%, ending the year at a discount of 27.9%. Over the period […]
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 […]
P2P Global Investments has announced that it has managed to arrange a £150m secured 3-year multicurrency loan facility with a consortium of institutional lenders. The Company intends to deploy the proceeds of this facility in accordance with its existing investment policy. The Company expects the modest level of gearing at the corporate level arising from the […]
Atlantis Japan Growth says its benchmark, the Topix, was down 2.69% and the Company’s Net Asset Value per share fell 2.95% for the six month period ended 31st October 2015. There’s precious little else in the announcement of interest – no performance attribution, not even any mention of how the company’s share price performed – […]
Artemis Alpha has reported a -3.6% total return on net assets for the six month ended 31 October 2015. The FTSE All-Share Index declined by 5.7 per cent over the same period. The Chairman says the fall in the NAV was primarily due to changes in the valuation of its unquoted investments, a number of which raised […]
