JZ Capital has announced results for the year ended 28 February 2015 show that the fund generated a total return on net assets of 8.9%. They declared a second dividend of 17.5 cents per share for the six months ended 28 February 2015, compared to 16.0 cents for the period ended 28 February 2014. Having […]
LXB Retail has published figures for the six months ended 31 March 2015. It was a busy period for the company with a number of major deals announced within the portfolio. The net asset value climbed by 5.57p as the value of its property portfolio was marked up by £12.1m. The company faces a continuation […]
Keystone’s interim results for the six months ended 31 March 2015 show the fund’s net asset value delivering a total return of 7.8% – ahead of the 5.3% return generated by the FTSE All-Share Index. The return to shareholders was 7.2%. The dividend was maintained at 18p per share. The report says holdings in Reynolds […]
Nimrod Sea Assets published a trading update on Friday afternoon in which it said Fletcher Shipping has notified Aberdeen Offshore (which is the General Partner of the entity in which Nimrod Sea Assets has a 75% equity interest) that it will not be taking delivery of the second vessel (known as FS Scorpius) from the […]
Shareholders in John Laing Infrastructure refused to support one of the resolutions that the Board put forward at the company’s recent Annual General Meeting. In language might have been incomprehensible to many shareholders, the Board had couched a resolution that would have made it easier to issue new shares in the company without first offering […]
Polar Capital Global Healthcare interim results for the six months ended 31 March 2015 show the company’s net asset value total return was 19.1%, a good result but unfortunately 2.6% behind the MSCI All Countries World Index Healthcare Index. What’s more, the discount widened from 5.4% to 9.8% so the return to shareholders was even […]
Empiric Student Property has announced the acquisition of Claremont Place in Newcastle, a terrace of Grade II listed buildings being converted to a luxury, direct-let, student accommodation property by specialist developer, Ziggurat Student Living. The building is expected to be operational by September 2015, in time for the 2015/16 academic year. The property is immediately adjacent to […]
Scottish Mortgage has published results for the year ended 31 March 2015. Its net asset value total return for the year was 27.7% and the share price total return was 29.6%; these returns were well ahead of the FTSE All-World Index, which produced a total return over the period of 19.2%. A final dividend of 1.55p is proposed, giving […]
Whitehall Road offices receive planning permission: Town Centre Securities has secured planning consent for an eight story, 70,000 square foot office with 38 parking spaces on a brownfield plot on Whitehall Road, Leeds. The development forms part of the TCS Whitehall Riverside scheme which includes 300,000 square foot of premium office space, a 500 space multi-storey […]
Baring Emerging Europe’s half year results, for the six months to the end of March 2015, show that the fund outperformed a falling market with the net asset value total return being -9.9% as compared to a -11.0% return on the MSCI Emerging Market Europe 10/40 Index. The return to shareholders was -8.2%. The Chairman’s statement […]
