Investment Trust Insider – trusts that didn’t escape me last year. As 2018 gets underway, I thought that it might be worth revisiting some of the funds that I wrote about in 2017. At the start of the year I hailed the changes that Standard Life Private Equity (SLPE) was implementing to broaden its investment proposition and noted the increasing […]
Small cap positions help CC Japan Income outperform – CC Japan Income & Growth reports that, over the financial year to 31 October 2017, and expressed in pounds sterling on a total return basis, the share price rose by 27.2% while the Net Asset Value per share increased by 20.7%. The Topix Total Return Index returned 10.1% […]
CatCo takes new big hit from California wildfires – Markel CATCo Investment Management Ltd., manager of CatCo Reinsurance Opportunities, says the ordinary shares are exposed to potential losses related to the Tubbs, Atlas, and Mendocino wildfires that impacted parts of Northern California, U.S.A. during October 2017. Recent estimates have indicated a substantial increase to insured industry […]
TwentyFour Select Monthly Income says challenging markets constrain investment opportunities – TwentyFour Select Monthly Income Fund Limited has announced results for the year ended 30 September 2017. Its NAV moved from 89.97p to 96.44p and share price from 92p to 99.5p. The dividend slipped to 6.56p from 6.85p. The total NAV return was 13.4%. The manager […]
Independent publishes results for phenomenal year – Over the year to 30 November 2017, Independent Investment Trust produced a net asset value (NAV) total return of 54.8%. However one measures performance this was, by some margin, the best annual result in the history of the Independent: theoretical investments in the All-Share Index and the World Index would […]
Tritax’s latest deal is with AO.com – The Board of Tritax Big Box REIT plc says that it has acquired a National Distribution Centre at Weston Road, Crewe, Cheshire. The property is let to Expert Logistics Ltd, a wholly owned subsidiary of AO World Plc (“ao.com”), a leading European online electrical retailer listed on the […]
Henderson High Income amends fee structure – The board of Henderson High Income Trust has announced the following amendments to the fee arrangements with the Henderson Investment Funds Limited (“Janus Henderson”), the fund’s manager. The current agreement has a base management fee of 0.50% of adjusted average gross assets. Adjusted average assets is the average of the gross assets, […]
Funding Circle SME Income attracts money from Citibank – Funding Circle SME Income Fund Limited says that the company has entered into a formal agreement with Citibank, N.A. London Branch to establish a funding transaction to make loans to UK small businesses through the Funding Circle platform . The transaction will serve to support the […]
Renewables Infrastructure buys Clahane wind farm – The Board of The Renewables Infrastructure Group Limited (TRIG) has announced that it has completed the acquisition of a 41.2MW operational wind farm (“Clahane 1”) and its 13.8MW extension which is currently under construction (“Clahane extension”). The project is located in County Kerry in the Republic of Ireland. Clahane […]
Derwent London gets control of Tottenham Court Road site – Derwent London has announced that Crossrail has completed the base infrastructure works at Soho Place W1 and handed over the site to the group. It is the first Crossrail site to be delivered to a developer, and this has been achieved almost a year before the […]
