Overview
Worsley Investors Limited (formerly AXA Property Trust : APT) aims to provide its shareholders with an attractive level of absolute long-term return, principally through the capital appreciation and exit of undervalued securities.
Worsley’s investment strategy allies the taking of influential holdings in British quoted securities of smaller companies priced at a deep discount to their intrinsic value with the employment of activism as necessary.
Worsley’s principal, Blake Nixon, is a veteran of more than 30 activist campaigns, and has a demonstrated record of producing substantial returns using the strategy.
Their website is found here.
Fundamentals
Price
Research History
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08 May 2019 3 min read
QuotedData’s investment companies roundup – May 2019
Investment Companies Roundup New research Over April, we published notes on Henderson Diversified Income, Ecofin Global Utilities and Infrastructure, Jupiter Emerging and Frontier Income, Seneca Global Income & Growth and Polar Capital Global Financials Trust. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – it was […]
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16 Oct 2018 2 min read
Quarterly Investment Companies Roundup – Third Quarter 2018
Quarterly Investment Companies Roundup – Third Quarter 2018 Global equities delivered positive returns over the third quarter of 2018. This was principally because of strength in the US market. Political uncertainty and concerns about global trade held back other regions. Generally, government bond yields rose over the quarter. The UK equity market fell as the Bank of […]
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12 Oct 2018 1 min read
QuotedData’s investment companies roundup – October 2018
QuotedData’s investment companies roundup – October 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in September Trian Investors 1 is a new fund that will adopt […]
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11 May 2018 1 min read
QuotedData’s investment companies roundup – May 2018
QuotedData investment companies roundup – May 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of April 2018. Kindly sponsored by Baillie Gifford. India Capital Growth has experience a rebound in performance in the past month, as […]
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25 Apr 2018 1 min read
Quarterly investment companies roundup – First quarter 2018
Quarterly investment companies roundup – First quarter 2018 Quarterly investment companies roundup – First quarter 2018 – Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly […]
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18 Apr 2018 1 min read
QuotedData’s investment companies roundup – April 2018
QuotedData investment companies roundup – April 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of March 2018. Kindly sponsored by Baillie Gifford. Stock markets have suffered their first meaningful fall for nearly two years. At the quarter end, […]
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15 Mar 2017 1 min read
QuotedData investment companies roundup – March 2017
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of February 2017. Kindly sponsored by Baillie Gifford. March Investment Companies Roundup
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07 Dec 2016 1 min read
QuotedData investment companies roundup – December 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2016. december-investment-companies-roundup
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08 Nov 2016 1 min read
QuotedData investment companies roundup – November 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of October 2016. november-investment-companies-roundup-2
News
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21 Jun 2024 2 min read
Disappointing year for Worsley Investors
Worsley Investors (WINV) reported its annual results for its financial year ending 31 March 2024. NAV per share decreased slightly by 1.07% to 43.45p with total assets decreasing marginally from £15.23m to £15.09m. Its share price declined 11.43% to 24.80p, increasing the discount to NAV to 42.92%. Its NAV significantly underperformed the FTSE All Share, which was up 8.43%. […]
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05 Jul 2023 3 min read
Strong second half drives returns for Worsley in 2022
Worsley Investors (WINV) announced the release of its annual report for the period ended 31 March 2023. The company saw solid returns for the year given the circumstances with NAV growing 10% and shares up 1% with the discount widening to 34% at last close. The total annualised return on the capital invested over the […]
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25 Jun 2021 2 min read
Worsley Investors core equity strategy performs strongly
Worsley Investors (WINV – formerly AXA Property Trust) has announced its results or the nine month period ended 31 March 2021, during which its core equity strategy has performed strongly. During the period, WINV provided a return on its NAV of 4.16% that was driven by valuation of the Curno cinema and the invested portion […]
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21 Jul 2020 1 min read
QuotedData’s morning briefing 21 July 2020
In QuotedData’s morning briefing 21 July 2020: BioPharma Credit has received a notice of prepayment for its $150 million senior secured loan with Amicus Therapeutics, Inc. As a result, the company is expected to receive on or before 4 August 2020, approximately $156.2 million, comprised of $150 million in principal, $1.2 million in accrued interest and […]
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29 Oct 2019 1 min read
QuotedData’s other news 29 October
In QuotedData’s other news 29 October – Bill Ackman-managed Pershing Square Holdings (PSH) has announced an additional share buyback program worth $100m of PSH’s outstanding shares on the London Stock Exchange and Euronext Amsterdam. PSH says the program will begin following the completion of the previously announced $100m buyback program. They add that the program […]
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03 Apr 2019 2 min read
AXA Property proposes investment policy and name change
AXA Property proposes investment policy and name change – Following on from the appointment of Blake Nixon to the board last week (click here to read to more on this story) and consultation with shareholders, AXA Property (APT) is proposing a change in its investment policy today. APT’s board is proposing the company becomes an […]
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29 Mar 2019 1 min read
AXA Property appoints Blake Nixon to the board following January EGM
AXA Property appoints Blake Nixon to the board following January EGM – The European commercial property investor AXA Property (APT) has announced a change of directors following a shareholder-directed extraordinary general meeting (EGM) held on 23 January 2019, where the resolution to appoint Blake Nixon to the board was passed by 56.7% majority. We looked […]
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12 Dec 2018 3 min read
Axa Property Trust saga continues
AXA Property Trust (APT) has announced that it has received a “Member’s Requisition of an Extraordinary General Meeting” or, in other words, a request for an EGM. APT says that requires that a general meeting of the Company be convened, at the earliest opportunity, for the purpose of considering and voting on the following resolution: […]
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24 Sep 2018 2 min read
AXA Property Trust gets a reprieve
AXA Property Trust gets a reprieve – As a result of the attendance of representatives of approximately 30% of the shares of the company at an Extraordinary General Meeting (EGM) who didn’t want the intended wind-up of the company to go ahead, AXA Property Trust (APT) will continue to operate. The EGM was held on 7 September 2018 […]
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07 Dec 2016 1 min read
Axa Property down to one asset
The Board of AXA Property Trust Limited has announced that the company has entered into a binding contract for the sale of the property at Rothenberg, Germany. The contracted sales price is EUR22.02 million reflecting a discount of 1.7% below the asset’s independent valuation as at 30 September 2016. Completion is expected at the end of […]
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15 Nov 2016 1 min read
UIL, Industrial Multi Property Third Quarter Winners – QuotedData
LONDON (Alliance News) – The best performer in both price and net asset value terms in the third quarter was UIL Ltd, boosted by its largest investment, Australian-listed Resolute Mining Ltd, which benefited from a strong gold price. Industrial Multi Property Trust PLC and Kubera-Cross Border Fund Ltd both saw recoveries in their share price […]
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07 Nov 2016 1 min read
Axa Property sells Agnadello property
The Board of AXA Property Trust Limited is pleased to announce that the company, together with its joint venture partner, has entered into a binding contract for the sale of the property at Agnadello, Italy. The sales price reflects a discount of 1.3% below the asset’s independent valuation as at 30 September 2016. Completion is […]
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01 Nov 2016 2 min read
Axa Property Trust making progress with disposals
Axa Property Trust reports that its Net Asset Value at 30 June 2016 was GBP38.7 million (30 June 2015: GBP49.4 million). Adding back to the NAV the GBP16.2 million capital returned during the quarter, the NAV increased by GBP5.5 million (11.2%). In pence per share, the NAV rose from 57.6p to 67.2p, an increase of 16.6% […]
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20 Oct 2015 1 min read
Change of senior manager at AXA Property Trust
AXA Property Trust say that AXA Investment Managers have informed the Board that after eight years as Senior Fund Manager, Martin McGuire has resigned his position at AXA Investment Managers and will leave the organisation on 27th November 2015. The Board wishes to thank Martin for his considerable contribution to the management of AXA Property […]
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02 Mar 2015 1 min read
AXA Property Trust disposals underway
AXA Property Trust has reported a return on net assets of 3.6% for the second half of 2014 as the NAV rose from 54.5p to 56.5p. They say that two more sales of properties in the portfolio are close to being agreed. If they can get these done, a further capital distribution may be possible […]
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16 Oct 2014 1 min read
Cash returns help Axa Property’s shares rise
APT : Cash returns help Axa Property’s shares rise Axa Property Trust’s net asset value fell by 7.9% over the year to the end of June 2014 but its share price rose so that shareholders got a total return of 14.3% for the year. No dividend is being declared. The company sold five properties during […]
