Front page news

19 Apr 2016

Bluefield Solar buys a plant in Derby

The Board of the Bluefield Solar Income Fund Limited has entered into a binding sale and purchase agreement to acquire a 4.1 megawatt peak (“MWp”) ground-mounted solar photovoltaic (“PV”) plant and announces the successful connection prior to 31 March 2016 of the construction assets previously acquired. Bluefiled Solar Income has acquired Bluefield Harrier Limited for £14.4m (including working […]

19 Apr 2016

Standard Life Investments Property Income had a great 2015

Standard Life Investments Property Income delivered both strong NAV and share price performance over the course of 2015. The NAV total return for the year was 15.5%, driven by strong capital growth in the property portfolio. The share price total return was 15.5% and the Company’s shares continued to trade at a premium to NAV of […]

19 Apr 2016

LIM Asia sets out its case against Atlantis Japan

  LIM Asia Multi Strategy has published its reasons for requisitioning a meeting to restructure Atlantis Japan. We reproduce this in full below: “Proposal for the reconstruction and/or liquidation of Atlantis Japan Growth Fund Limited (“Atlantis Japan” or “the Fund”) LIM Advisors has published a letter to shareholders of Atlantis Japan (“Shareholders”), detailing its concerns […]

18 Apr 2016

Invesco Perpetual UK Smaller posts decent outperformance

Invesco Perpetual UK Smaller Companies says, for the year ended 31 January 2016 the net asset value rose by 10.9%, on a total return basis, an outperformance of 7.1% versus the benchmark index of the Company, the Numis Smaller Companies Index (excluding Investment Companies), which returned a lesser 3.8%. When compared to the wider UK stock […]

18 Apr 2016

GCP refinances solar loan

On 25 March 2015 the GCP Infrastructure announced the completion of a loan with an aggregate value of £59.7 million secured on a senior basis against the cash flows arising from a number of portfolios of domestic solar panel installation in England. They have now announced the completion on 14 April 2016 of a refinancing by Aviva of […]

18 Apr 2016

Custodian buys retail property in Chester

Custodian REIT has acquired a high street retail unit in Chester, let to TSB Limited and Ciel (Concessions) Limited (trading as Chesca).  The property is located in the city centre on the pedestrianised Eastgate Street near Cath Kidston, Jack Wills, Kuoni Travel, H Samuel, Fat Face and Jaeger. The tenants’ leases expire between September 2019 […]

18 Apr 2016

Henderson International Income gets 61% of Global’s assets

In accordance with the proposals for the reconstruction, voluntary winding-up and rollover of Henderson Global Trust into Henderson International Income Trust and/or The Bankers Investment Trust, Henderson Global’s Board has announced that the special resolutions put forward at the Ordinary Share Class Meeting and the First General Meeting, both held on Friday 15 April, have been approved by […]

13 Apr 2016

Weiss Korea Opportunity benefits from Samsung buy-backs

Weiss Korea Opportunity Fund says, during the period from 31 December 2014 to 31 December 2015, the company’s NAV per share increased by 11.70%, outperforming the reference MSCI Korea 25/50 Capped Index, which returned -1.1% in Sterling terms. The company paid a dividend of 1.8580 pence per share on 26 June 2015. The Directors intend to return […]

13 Apr 2016

Nimrod Sea Assets to hand back uninvested cash

Nimrod Sea Assets had an investment period of 18 to 24 months.  Any cash which had not been invested or committed at the end of this investment period was to be returned to shareholders as soon as practicable. The Board had anticipated being in a position to return the unrequired, uninvested cash to shareholders after March […]

11 Apr 2016

Alpine Select takes control of Altin

Altin has announced that, as of Friday, Alpine Select owns 50.01% of Altin AG’s shares. If Altin was a UK company this would trigger a bid for the rest of the company at the highest price Alpine Select paid for its additional stock. We will bring you more information when we have it. AIA : […]