Overview
You can access the company’s website by clicking here.
Fundamentals
Price
News
-
05 Dec 2017 2 min read
Standard Life Equity Income boosted by asset manager stakes
Standard Life Equity Income boosted by asset manager stakes – Standard Life Equity Income has published results for the year to 30 September 2017. The Net Asset Value total return for the year was 14.7%, which compares with 11.9% from the All-Share Index. The discount narrowed slightly from 4.4% to 4.0%. This resulted in a share price […]
-
25 Sep 2017 4 min read
Large cap focus restrains City of London
Large cap focus restrains City of London – City of London Investment Trust has published results for the year ended 30 June 2017. Its returns fell behind those of peers and index benchmarks over the period. City of London’s net asset value total return was 14.5% which was 3.3% behind the size weighted average over […]
-
28 Feb 2017 4 min read
Law Debenture says tax changes will hit its distributable income
Law Debenture says its net asset value total return for the year to 31 December 2016 was up 16.9%, compared to a total return of 16.8% for the UK market. Revenue return per share was 18.56p (excluding group charges of 2.60p), an increase of 2.5% over the previous year, as a result of a 1.2% […]
-
22 Nov 2016 3 min read
Schroder Income Growth raises dividend for 21st consecutive year
Schroder Income Growth Fund has published its annual financial report for the year ended 31 August 2016. A total return of 8.4% for the net asset value compared unfavourably to a total return of 11.7% for the FTSE All-Share Index. The share price produced a negative total return for the year of 0.8%, reflecting a widening in […]
-
12 Aug 2016 2 min read
Strong recovery for BlackRock World Mining
BlackRock World Mining experienced a strong recovery in its net asset value during H1 2016 yet lagged its benchmark index by 4.4%. The first six months saw the mining sector rebound, shrugging off a difficult start to the year when world equity markets took fright on heightened concerns over global economic growth. The Euromoney Global Mining […]
-
19 Jul 2016 1 min read
Rio’s production up in most minerals in H1 2016
Rio Tinto’s mineral production for the first half of 2016 was significantly up on the corresponding period of 2015. Iron ore production from the Pilbara was up 10%, to 160.8 Mt, in line with annual guidance. Bauxite production rose 9%, to 23.2 Mt, with aluminium production up 10%, to 1,797 kt. Mined copper was up […]
-
08 Jul 2016 3 min read
IT exposure benefits Schroder UK Growth
Schroder UK Growth’s results for the year ended 30 April 2016 show that the Company’s NAV returned -4.4%, while the share price returned -4.9%. This compares with an equivalent return of -5.7% by the FTSE All-Share Index over the same period. The Directors have declared a second interim dividend of 2.60p per share, making a total […]
-
29 Jun 2016 1 min read
BlackRock Income & Growth misses bounce in mining sector
For the six month period ended 30 April 2016, BlackRock Income & Growth’s net asset value per share returned -2.8% and the share price returned -2.3%. By comparison, the FTSE All-Share Index was unchanged over the period. Since the period end and up to 27 June 2016, the Company’s NAV per share has fallen by […]
-
08 Jun 2016 1 min read
Rio Tinto to purchase another US$3 billion of its debt
Rio Tinto plc has offered to purchase for cash up to US$3 billion of its 2018, 2020, 2021 and 2022 US dollar-denominated notes in an effort to reduce its debt position. The move follows the successful completion of cash tender offers launched in April to purchase US$1.5 billion of its 2017 and 2018 notes. The […]
-
12 May 2016 2 min read
Beazley boosts performance and dividend for JPM Income & Capital
JPMorgan Income & Capital reports its net assets fell during the year ended 29th February 2016, reflecting a general market decline. The total return on the Company’s assets for the year ended 29th February 2016 was a negative 5.5%. This represented an over-performance of 1.4% against the composite benchmark (comprising 90% FTSE 350 Index, excluding […]
-
25 Feb 2016 2 min read
Law Debenture puts a value on the fiduciary business
Law Debenture’s results for 2015 show its net asset value total return for the year to 31 December 2015 was down 0.3%, compared to a total return of 1.0% for the FTSE Actuaries All-Share Index. Net revenue return per share was 18.1p, an increase of 6.8% over the previous year, as a result of a […]
-
15 Jan 2016 1 min read
BlackRock Income & Growth beats benchmark by 10%
BlackRock Income & Growth has published its results for the year ended 31 October 2015. Over the year the fund beat its benchmark by more than 10%. The NAV total return was 13.5% and the share price total return 13.5% but the total return on the FTSE All-Share was 3.0%. The dividend for the year […]
-
16 Dec 2015 1 min read
Rio gets funding for Oyu Tolgoi underground copper mine, in Mongolia
The Oyu Tolgoi joint venture, in which Rio Tinto owns 34%, has signed a US$4.4 billion project financing agreement to develop the Oyu Tolgoi copper-gold underground mine, in Mongolia. The mine has been producing copper concentrates (with gold included) since 2013 from an open pit, which was developed at a cost of US$6.4 billion. All […]
-
18 Nov 2015 1 min read
Good year for Schroder Income Growth as celebrates 20 years of dividend increases
Schroder Income Growth Fund has announced results for the year ended 31 August 2015. During the year under review, the net asset value produced a total return of 3.1%, comparing favourably to a total return of -2.3% for the FTSE All-Share Index. The share price total return for the year was 5.1% as the net […]
-
16 Oct 2015 1 min read
Rio Tinto expands iron ore production
Rio Tinto PLC continues to increase its iron ore production despite the recent history of poor prices and fears of a glut on world markets. Q3 production of iron ore was 86.1 Mt, 12% higher than the same quarter of 2014 and 8% above the Q2 2015 quarter. This takes YTD production (100% basis) to […]
-
24 Sep 2015 2 min read
Widening discount holds back Merchant Trust’s returns
Merchants Trust reports a 2.8% return on net assets for the six months ended 31 July 2015 and a -1.1% return to shareholders as the discount widened from 0.4% to 4.3%. The return on the FTSE100 Index for the period was 1.2%. Dividends for the first half totalled 12p, 1.7% higher than the pervious year. […]
-
14 Aug 2015 4 min read
BlackRock World Mining outperforms falling market
The continued slump in commodity markets weighed on the performance of BlackRock World Mining over the first half of 2015. the total return on net assets was -7.0% for the period and the return to shareholders was -2.8%. These figures are better than the return on the Euromoney Global mining Index however – this returned […]
-
24 Jun 2015 1 min read
BlackRock Income reports long list of outperforming investments
Over the six months to the end of April 2015, BlackRock Income & Growth delivered a total return on net assets of 13.1% and a return to shareholders of 14.6%, both well ahead of the 9.2% return posted by the FTSE All-Share Index for the period. The shares moved to trade at a discount of […]
