3IN : 3i Infrastructure makes 10% in first half Strong performance from 3i Infrastructure’s European portfolio and rolling stock investments helped drive a 10.6% return on net assets for the fund for the six months that ended on 30th September. 3i Infrastructure holds two rail rolling stock investments – Eversholt Rail and XLT. Strong competition […]
HNE : Henderson Eurotrust writes down OW Bunker Henderson Eurotrust is writing down the value of its investment in OW Bunker to zero. this was 1.13% of the portfolio at 31 October 2014. The reason for the write down says HNE is that fraud has been discovered in OW Bunker’s Singaporean subsidiary. The write down […]
ALAI : Tough year for Aberdeen Latin American Income Aberdeen Latin American Income underperformed its benchmark over the year that ended on 31 August 2014. The total return on net assets was 10.4% vs. a return of 12.7% for the benchmark (60% MSCI EM Latin America 10/40 Index and 40% JP Morgan GBI-EM Global Diversified (Latin […]
CREI : Custodian REIT buys in Warrington Custodian REIT is buying a warehouse in Warrington let to JTF Wholesale Limited for £6m. The 112,435 sq ft warehouse sits on 6.84 acres of land on the Chesford Grange estate in Warrington – just off j21 of the M6 motorway. JTF Wholesale Limited operate 13 wholesale warehouses around […]
INPP : International Public Partnerships makes biggest ever investment International Public Partnerships has completed an investment into the Lincs offshore transmission project, committing £171m to it – the company’s largest single investment to date. The project links the 270MW Lincs windfarm to the National Grid via 100 kilometres of subsea cables and other related infrastructure […]
SST : Wee-Li back in charge as SST outperforms Scottish Oriental Smaller Companies has managed to outperform its benchmark for the year that ended on 31 August 2014. Over the period the fund generated a return on net assets of 13.5% vs. 13.0% for the MSCI AC Asia ex Japan Smaller Companies Index. Shareholders did […]
NSA : Nimrod Sea Assets buys Remote Sub support ship Nimrod Sea Assets is paying $9.6m for a 51% stake in Altus Subsea DIS which will purchase the Remote Operated Vehicle Support Vessel, Altus Invictus, from Hallin Marine currently under bareboat charter to Marine Engineering and Diving Services for a further 4.5 years. As part […]
NESF : NextEnergy results highlight growth potential NextEnergy Solar has published its first set of results – interims covering the period from 20 December 2013 to 30 September 2014. The net asset value increased from 100p to 103.1p over this period. they bought seven solar farms, with production capacity of 68MW, spending 94% of the money they raised […]
LMP : LondonMetric Property sells 1 Carter Lane LondonMetric Property has announced that it has sold 1 Carter lane, an office development near St. Pauls in London, for £124.8m net (£138.8m gross adjusted for rent free deductions). They expect the deal to complete in January 2015. The 129,081 sq ft property is 73% let by […]
EFM : Edinburgh Dragon hurt by Standard Chartered and City Developments Edinburgh Dragon underperformed its benchmark over the year that ended on 31 August 2014, delivering a 10.4% return on net assets as compared to a 13.2% return, in Sterling terms, on the MSCI All Countries Asia ex Japan Index. The report says the problem […]