Candover’s results for 2014 show a 24% fall in its net asset value from 715p to 545p almost all of which was down to a £35.2m fall in the value of their holding in Expro International (the consequence of the effect of the fall in the oil price on valuations of other oil service companies), […]
City Natural Resources’ net asset value fell by 19.3% to 125.9p over the course of 2014. By contrast their benchmark index (a composite of 2/3 the Euromoney Global Mining Index and 1/3 the Credit Suisse High Yield Index) fell by 9.7% (with the mining index falling by 15.5% and the high yield index rising by 5.7%). […]
SQN Asset Finance Income has published its first set of figures since listing in the middle of last year. by the end of December 2014 the fund had invested about half the £150m it raised in July 2014 in 22 investments. The net asset value at the end of the year was 98.92p and the […]
Kennedy Wilson Europe has published its first set of accounts covering the period from its launch until the end of December 2014. They raised £1,315m of equity during the period. The EPRA NAV at the end of the period was £1,382m or £10.27 per share. They had properties in the portfolio valued at £1,489m and […]
Sherborne Investors results for the year ended 31 December 2014 show the fund generating a return of 11.16% on net assets over the year. This is a lot better than the return on the FTSE All-Share Index but Sherborne Investors has just one investment – Electra Private Equity. Electra’s share price rose by 27% over […]
Ruffer syas that over the six months from 1 July 2014 to 31 December 2014, the net asset value per share of the Company rose by +3.9% after allowing for the dividend of 1.7p paid during the period. The Company’s share price performed better still (+6.8%) as the shares moved from a discount to a premium. […]
Jupiter Primadona Growth is reporting a 1.4% increase in its NAV for the second half of 2014 and a 2.8% total return (including dividends) – ahead of the return on the FTSE All-Share Index which fell by 0.4% but well behind the FTSE World ex UK Index which rose by 8.6% – their benchmark, a combination […]
Ottoman Fund has made a statement after its share price took a nose dive – releasing its Chairman’s statement early, in advance of figures due out tomorrow. The statement summarises disposals made in the portfolio to date, highlights the chance that they may have to sell their Alanya holiday units for less than their reported […]
The Renewables Infrastructure Group has announced results for the year ended 31 December 2014. Over the period the net asset value rose slightly from 99p to 99.3p, the company paid total dividends for the year of 6.08p and the total return to shareholders was 7.5% – well ahead of the 1.2% return on the FTSE […]
Dolphin Capital has announced this morning that “Following consultation with the majority of the Company’s shareholders, the Investment Manager, its Nominated Adviser and the existing Board, the new members of the Board and their respective roles will be as follows: Laurence Geller, Independent Non-executive Chairman; Robert Heller, Independent Non-executive Director; Graham Warner, Non-executive Director; Mark […]
