Project Finance Investments (soon to be renamed as GCP Asset Backed Income Fund Ltd) has published its first set of figures since listing (covering the period from 7 September 2015 to 30 June 2016). At the end of the period the NAV per ordinary share was 99.47 pence and the NAV per C share was 97.62 pence. The […]
Gemfields, the AIM-listed emerald, ruby and sapphire producer, has reported profits for the financial year ended 30 June 2016 up 91%, to US$23.5m, from the previous year. EPS doubled to US$0.02. Revenue increased by 13%, to US$193.1m. The biggest increase came from emerald sales, rising from US$64.9m in FY2015, to US$101.2m in FY2016 with record […]
HarbourVest Global Private Equity has decided to consolidate its listing on the Main Market of the London Stock Exchange and has applied to delist from Euronext Amsterdam. This delisting is expected to take effect on 24 October 2016, with the last trading date being 25 October 2016. It is intended that subsequent to this, the […]
Schroder UK Mid Cap Fund has announced that Jean Roche, a fund manager in Schroders’ Pan-European Small and Mid Cap team, has been appointed as co-portfolio manager, joining Andy Brough, with immediate effect. This follows Rosemary Banyard’s retirement earlier this year. Jean joined the team in January 2016 from Hargreave Hale where she was most recently a […]
The Board of Alternative Asset Opportunities PCC Limited (Traded Life Interests) announced on 13 September 2016 that it had conditionally agreed to sell 71 of the Company’s 80 policies for a total cash consideration of $40.0 million, subject to adjustment. The disposal requires changes to the company’s current investment objective and policy which are material […]
Schroder Asian Total Return has published a circular to convene a meeting at which shareholders will be asked, amongst other things, to approve the reissue of treasury shares at a discount. The special resolution would give the directors the authority to reissue up to 7,294,914 ordinary shares from treasury (representing approximately 10 per cent of the […]
Qatar Investment Fund last rejigged its fee arrangements on 1 November 2013. The new arrangement was put in place for three years. The terms were a reduced management fee of 1.05% per annum of the net asset value, calculated monthly and payable quarterly in arrears, with such management fee reducing further to 1.0% from 1 […]
Jupiter US Smaller Companies has published results for the year ended 30 June 2016. The NAV per share increased by 8.7% to 787.3p in the twelve months to 30 June 2016. This compared to a gain of 8.1% in the benchmark, the sterling adjusted Russell 2000 Index. In dollar terms, the Russell 2000 Index of […]
VPC Specialty Lending Investments PLC has announced its unaudited half-yearly financial results for the period ended 30 June 2016. During the period under review, it delivered a total NAV return of 1.51% and paid quarterly dividends amounting to 3.5p per share. The vast majority of investments have exhibited credit losses in line with expectations. However, […]
Macau Property Opportunities Fund’s portfolio has registered a drop in value for the second consecutive year – a consequence of the continued decline in Macau’s gaming revenue and its slowing economy, largely attributable to China’s anti-corruption campaign. For the year in review (12 months to 30 June 2016), Macau Property Opportunities Fund’s portfolio of properties […]
