The Board of SVG Capital notes the speculation around the identity of a unit of Goldman Sachs and the Canadian Pension Plan Investment Board (“CPPIB”) as consortium members linked to a possible alternative transaction for SVG Capital plc. As announced on 16 September, 2016, the Board was in discussions with a number of parties who […]
International Public Partnerships Limited has announced a further investment in the US military housing sector. This additional investment marks the continued growth of its investment portfolio in the United States. The Company has invested approximately US$32.0 million (GBP24.6 million) into further interest-bearing subordinated debt instruments. The tranche of interests now being acquired are secured on the […]
Custodian REIT has announced the acquisition of a GBP26.75 million portfolio of properties. The portfolio comprises 10 light industrial sites spread throughout the UK with a current passing rent of GBP2.21 million reflecting a net initial yield of 7.86%, with an expected reversionary yield of 8.03%. The portfolio’s weighted average unexpired lease term (“WAULT”) is 5.4 […]
Marwyn Value Investors reports that, over the six months ended 30 June 2016, its NAV decreased by 29.4p to GBP2.0978, a fall of 12.29%, representing a -9.95% total return assuming dividend reinvestment, compared with an increase in value of the FTSE All-Share of 2.07% over the same period. The reduction in NAV per ordinary share over […]
Following disappointing performance in the previous financial year, the Board of Dunedin Income & Growth were pleased to report an improvement during the six month period ended 31 July 2016, with strong absolute and relative returns. The Company’s net asset value increased by 15.6% on a total return basis, comparing favourably with a total return […]
SVG Capital says The Board believes that Harbourvest’s offer undervalues the company and recommends that shareholders do not accept HarbourVest Bidco’s Offer of 650p per share. Since the announcement of the change of the Company’s investment strategy in December 2011, SVG Capital has reported NAV and share price growth of 18.5% p.a. and 24.0% p.a. respectively (as at […]
Further to the announcement dated 1 August 2016 of a review into the investment objective and policy, BlackRock Income Strategies’ Board has considered a number of factors. These include the performance of the investment portfolio, the cost of the company’s debt, the cost of paying the dividend and its discount management policy. The Board has now decided to […]
Witan Pacific has announced its interim results for the six months ended 31 July 2016. During the period, the trust provided an NAV total return of 22.8% and a share price total return of 19.5% (the discount widened from 10.9% to 13.4% during the period although the trust’s chairman, Sarah Bates, says that there was […]
P2P Global Investments has confirmed that it has completed the first securitisation of consumer loans originated via a marketplace platform in the EMEA region. The securitisation is backed by UK consumer loans originated via the Zopa platform. The bonds were rated by Moody’s and Fitch Ratings, and given the ratings of Aa3/AA- on the most senior […]
Genesis Emerging Markets has published its results for the year ended 30 June 2016. The MSCI Emerging Markets (TR) Index fell 11.7% in US dollar terms over the year. However, for UK investors the dramatic weakening of sterling against the US dollar during the weeks around the EU referendum meant that in sterling terms the […]
