John Laing Environmental Assets has published results for the year ended 31 March 2016. Over the 12 month period to 31 March 2016 shareholders have seen a share price total return of –2.5% whilst over the same period the NAV total return per share was +3.1%. The discrepancy is largely due to the reduction in […]
Alpha Real Trust’s results for the year ended 31 March 2016 show its NAV climbing from 113.2p to 137.9p (up 21.8%), a small fall in adjusted earnings per share from 7.5p to 7.0p and an increase in the dividend from 2.1p to 2.4p. In September 2015 Alpha Real Trust acquired 20.5% of the share capital and […]
HgCapital, the Manager of HgCapital Trust plc, has announced that it has agreed the sale of Mainio Vire, a leading provider of elderly care, mental health and home services in Finland, to Mehiläinen, a private provider of social and health care services also based in Finland. Completion is subject to regulatory approval. Based on the […]
In response to media comment, intu confirms that it is in advanced discussions with QIC regarding the potential acquisition of QIC’s 50 per cent interest in intu Merry Hill in the West Midlands. If the acquisition were to proceed, the consideration is likely to be around GBP410 million and would be funded through a combination […]
City Merchants High Yield Trust has announced that Rhys Davies (pictured) has been promoted to portfolio manager with effect from 14 June 2016. Rhys has been deputy portfolio manager of the trust since 2 June 2014, having joined Invesco in 2002. He will co-manage the trust’s portfolio alongside Paul Causer and Paul Read. Invesco’s Rhys […]
Aurora Investment Trust has published its first annual report since the management of the company was passed to Phoenix Asset Management. The report covers the year ended 29 February 2016 – Phoenix took up the reins on 28 January 2016 so most of the performance of the fund over this period is attributable to the […]
Starwood European Real Estate Finance has announced that it has committed to a €31.2m five year floating rate whole loan to support the acquisition of a portfolio of fully let prime logistics assets in Dublin. The Loan has an initial drawdown of €17.6m with the remaining €13.6m to be advanced in conjunction with the deferred […]
BlackRock Income Strategies says the six months to 31 March proved to be a challenging period for it and its resulting investment performance has been disappointing. The NAV fell by 0.9% over the period under review and the share price fell by 4.8%. Since the period end, the Company’s cum income NAV (with debt at fair value) […]
Worldwide Healthcare reports that, over the year ended 31 March 2016, the company’s net asset value per share total return was -9.0% and the share price total return was -10.5%, both underperforming the Company’s benchmark, the MSCI World Health Care Index on a net total return, sterling adjusted basis, which fell by 5.4%. Total dividend […]
Following consultation with major shareholders, the Board of Aberdeen Frontier Markets Investment Company Limited (the “Company”) is pleased to announce that it intends to commence making half yearly distributions by way of a dividend. It is currently anticipated that a maiden dividend will be declared in respect of the six month period ending 30 June […]
