JPMorgan Claverhouse outperformed its benchmark index, both in terms of NAV and share price over 2015. The return on net assets of the UK stock market, as measured by the Company’s benchmark, the FTSE All-Share Index, was +1.0%. The Company’s total return on net assets was significantly better at +6.0% (the fourth year in a […]
Aberdeen UK Tracker fell just 0.3% short of matching the performance of the FTSE All-Share Index over the course of 2015. Most of that is accounted for by the fees on the fund which, although reduced last year, still act as a drag on returns. The Board, as advised by the Investment Manager, took the decision […]
Premier Energy & Water has published its results for the year ended 31 December 2015. Over the period the fund underperformed the FTSE All-World Utilities Index, returning -4.3% on total assets as compared to a -2.7% return on the index. The gearing provided by the company’s zero dividend preference shares (2.89x at the end of […]
JPMorgan Emerging Markets says the first half of its accounting year (the six months ended 31 December 2015) proved to be a difficult period for emerging markets. Over the six months to 31st December 2015 the Company’s benchmark index, the MSCI Emerging Markets Index (in sterling terms), fell 11.8%. JPMorgan Emerging outperformed the benchmark however. For […]
Starwood European Real Estate Finance has announced that on 10 March 2016 it advanced a EUR7.9 million whole loan relating to the acquisition of 44 apartments in South Dublin, the Republic of Ireland. The sponsor is a highly regarded local investor that is an existing borrower of the Company. The transaction represents the Company’s third […]
Origo Partners announced on 8 March 2016 that, whilst the Company’s articles of association include a requirement for the Company to have redeemed US$12 million of convertible zero dividend preferences shares (“CZDPs”) by 8 March 2016, it is not in a position to redeem US$12 million of CZDPs at the current time. The 8 March […]
Amedeo Air Four Plus Limited has issued 53m new shares at 101p. Since the completion of its initial public offering on 13 May 2015 (the “IPO”), the Company has acquired five Airbus A380 aircraft, the last of which was delivered in February 2016. The Assets are all leased to Emirates Airlines for a term of 12 years, with […]
Real Estate Investors has announced the acquisition of two properties, one of these deals needs to be approved by shareholders. Real Estate Investors has exchanged contracts to acquire the freehold of West Plaza, 144 High Street, West Bromwich B70 6JJ from Bond Wolfe Estates Limited (“BWE”) for a consideration of £8m, to be paid in […]
Princess Private Equity’s results for 2015 show the fund delivering a return on net assets of 17.5%. The dividend was €0.54 (a 5.7% yield on NAV at 31 December 2015 / 6.9% yield on the shares). The Board say they plan to continue to pay a dividend of 5% to 8% per annum of the NAV. The […]
BlackRock Latin American’s results for the year ended 31 December 2015 show a 30.9% fall in net assets on a total return basis in dollars (-27.0% in Sterling) and a -30.6% return to shareholders in dollars which translates as -26.6% in Sterling. These returns are pretty much in line with the fund’s benchmark which returned -30.8% […]
