Monks extends record of outperformance since strategy change – Over the year to 30 April 2018, Monks Investment Trust’s net asset value total return was 15.8% compared to a total return of 7.5% for the World Index (in sterling terms). The share price total return for the same period was 20.4%. The chairman says that Amazon, NVIDIA and […]
JPMorgan European Smaller beat its benchmark by 4% – For the year to 31st March 2018, JPMorgan European Smaller’s net asset total return was +14.4%. For the same period the total return from the benchmark index, the Euromoney Smaller European Companies (ex UK) index, was +10.0%. The share price rose by 21.6% from 334.0 pence to […]
Templeton Emerging cuts fees – Templeton Emerging Markets has published its accounts for the year ended 31 March 2018. Over this period, the fund made an NAV total return of 12.4$%, ahead of the MSCI Emerging Markets Index, which returned 11.8%. Shareholders did better than this though as the discount narrowed from 13.3% to 12.2%, […]
HgCapital, the Manager of HgCapital Trust has announced that it has sold Intelliflo, a Software as a Service (‘SaaS’) business for UK financial advisors, to Invesco, the global investment management company. The terms of the transaction have not been disclosed but it reportedly values HgCapital Trust’s investment in Intelliflo at approximately £16.8m. This company says […]
Did Baillie Gifford US Growth fail to disclose manager departure? – Citywire Wealth Manager has just reported that Andrei Kiselev, a co-manager of Baillie Gifford US Growth alongside Gary Robinson and Helen Xiong, left Baillie Gifford on 29 March just six days after the fund launched. Kiselev was named as a manager in the prospectus […]
Ex-manager may bid for Phaunos Timber – Stafford Capital Partners Limited, in its capacity as manager of Stafford International Timberland VIII Fund (“SIT VIII”), has announced a possible all-cash offer of US$0.49 per Phaunos Timber share to be made by SIT VIII (or by Stafford or an entity controlled by Stafford or funds managed by […]
Scottish Mortgage ups long term debt – Scottish Mortgage Investment Trust has raised a further GBP170 million in long term, fixed rate, senior, unsecured private placement notes, denominated in sterling. This transaction has provided them with further long term financing at a cost of just under 3% per annum. As Scottish Mortgage’s assets have grown […]
Custodian REIT discusses CVAs – In its full year results, Custodian REIT discloses that it made a 9.6% return on NAV over the year ended 31 March 2018. EPRA earnings per share rose to 6.9p from 6.6p. The 2019 target dividend per share has been increased to 6.55p (2018: 6.45p). The return to shareholders was 6.7%. […]
Picton Property Income will become a self managed UK REIT (if shareholders are happy with the idea). Picton Property Income reported a total return on net assets of 14.9% for the year to the end of March 2018. Within this, the EPRA NAV rose by 10.5% to 90p per share and its EPRA earnings per […]
Investors sticking by Jupiter Emerging and Frontier – Each year, Jupiter Emerging and Frontier Income operates a voluntary redemption facility through which shareholders may request the redemption of all or part of their holding of redeemable ordinary shares for cash on the last business day in June each year. There was no requirement for shareholders to […]
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated
