Schroder Japan Growth hits new highs – Schroder Japan Growth says that the year to 31 July 2017 has been an excellent one for its shareholders, with the NAV and share price reaching the highest levels in the company’s history. The NAV outperformed the TSE First Section Total Return Index, producing a total return of 20.4%, […]
Stellar year for Pacific Horizon – In the year to 31 July 2017, Pacific Horizon’s NAV total return was 38.5%. During the same period, the total return of the comparative index, the MSCI All Country Asia ex Japan Index, was 28.6% in sterling terms. The share price total return was 42.5%, and the discount narrowed from […]
Dunedin Enterprise sells Alpha Financial Markets Consulting – Dunedin Enterprise Investment Trust has announced that Alpha has today announced a conditional placing and proposed admission to trading on the LSE’s AIM market on 11 October 2017. On Admission, Dunedin Enterprise, via its interest in Dunedin Buyout Fund III LP, will sell 100% of its holding in […]
SQN Asset Finance reveals more problems in its portfolio – SQN Asset Finance Income Fund has published accounts for the year ended 30 June 2017. The chairman points out that the fund is now three years old and has ben paying dividends consistently on a monthly basis (these totalled 7.25p for the year under review, up […]
LondonMetric buys logistics site in Bedford – LondonMetric Property Plc has unconditionally acquired the 40 acre Bedford Link site from the local authority. The site has planning consent for up to 670,000 sq. ft. of logistics space and all other conditions relating to the purchase have now been satisfied. Bedford Link is situated on the A421, […]
GCP Student Living funding another building for Queen Mary – GCP Student Living says that its operational property portfolio is now fully occupied with respect to the 2017/18 academic year. The average rental growth as compared with the 2016/17 academic year is 4.1%. New building for Queen Mary University GCP Student Living has entered into a […]
Phenomenal year for TR European Growth shareholders – TR European Growth says that, for the year ended 30 June 2017, its net asset value total return was 54.0% compared to a total return from the benchmark index of 35.8%. The share price total return was 75.5%. They are proposing an increased final dividend of 11.5p and also […]
CatCo to raise finance in wake of hurricanes – CATCo Reinsurance Opportunities Fund Ltd has announced today that the Board and Markel CATCo Investment Management Ltd., the investment manager, are proposing to raise further funds via the Markel CATCo Diversified Fund (a segregated account of Markel CATCo Reinsurance Fund Ltd), in which the company invests substantially all of […]
Tritax Big Box buys Royal Mail facility in Daventry – Tritax Big Box REIT has exchanged contracts to acquire a National Distribution Centre at Danes Way, Daventry International Rail Freight Terminal (“DIRFT”), Northamptonshire let to Royal Mail Group Limited, the main subsidiary of Royal Mail plc. The total consideration is GBP48.82 million (excluding purchaser’s costs), reflecting […]
Volta Finance trims fees – Volta Finance Limited has agreed a reduction in management fees and revised performance fees with its Investment Manager, AXA Investment Managers Paris under an amended and restated investment management agreement. The Board has reached agreement with AXA on introducing a tiered management fee and simplified annual performance fee structure. The management […]
