Town Centre Securities has published results for the year ended 30 June 2015. It is reporting an 11.7% increase in NAV to 344p, a maintained dividend of 10.44p (which was covered 1.16x by underlying earnings per share of 12.1p – down from 14.4p the previous year). The total return to shareholders was 19%. Like-for-like property […]
Jupiter European Opportunities reports its annual results for the year ended 31 May 2015. Over the year its net asset value rose by 21.1% and the share price by 19.8%, a superb results when compared to the FTSE World European ex UK Index which rose by 4.7%. There is a dividend of 3.8p. The performance was […]
Marwyn Value Investors has announced the sale of its remaining interest in Entertainment One. The company says that, following the sale, approximately £10m will be returned to shareholders under its distribution policy for net capital gains. The £10m is in addition to the £5.3 million still to be returned following the initial disposal of Entertainment One in July […]
The Board of Advance Developing Markets Fund Limited announces that it has been informed by Advance Emerging Capital Limited, the investment manager of ADMF, that an agreement has been reached with Aberdeen Asset Management PLC whereby Aberdeen will acquire 100% ownership of Advance Emerging Capital. The transaction is subject, inter alia, to regulatory approval from the UK […]
AEW UK REIT has announced the completion of a further acquisition for £5.3m (net of acquisition costs) of 1-15 Fargate & 18-36 Chapel Walk, Sheffield. The two properties provides a total of 40,128sq ft with 8 retail units spread over basement, ground and first floors. Two of the retail units front onto the pedestrianised Fargate Street with six […]
The board of directors (the “Board”) of The Cayenne Trust plc (the “Company”) announced on 3 August 2015 its intention to bring forward the Company’s liquidation and identify a rollover option for shareholders. The Company received a number of proposals and, after due consideration, the Board is pleased to announce that it has agreed terms with F&C Managed […]
Qatar Investment Fund has announced its results for the year ended 30 June 2015. The fund’s net asset value rose by 8.4% compared to 6.2% for the Qatar Exchange and a rise of 4.6% in the MSCI Emerging Markets Index. Shareholders received a 3.5c per share dividend in January and the Board proposes to pay an increased […]
Murray Income underperformed over the year to the end of June 2015 delivering a negative 2.2% return on net assets compared to a positive 2.6% return on its benchmark, the FTSE All-Share Index. The fund’s discount widened as well leaving shareholders with a 5.7% loss for the year. The dividend was increased from 31.25p to […]
Ruffer has published its annual report for the year ended 30 June 2015. Over the year the total return on net assets was 7.8%. The dividend was maintained at 3.4p per share. the shares moved from trading on a discount of 1.8% to a premium of 1.9% and so the return to shareholders was 11.9%. […]
In Newcastle Empiric Student Property will acquire on practical completion the freehold of a turnkey student accommodation and retail scheme, Metrovick House (pictured), in central Newcastle for £7.4m (excluding costs). The property, which is the Group’s second acquisition in Newcastle, is located in the city centre with excellent transport links and is walking distance from the City’s […]
