Overview
Jade Road Investments Limited (formerly Adamas Finance Asia Limited : ADAM) is quoted on the AIM Market of the London Stock Exchange and is committed to providing shareholders with attractive uncorrelated, risk adjusted long-term returns from a combination of realising sustainable capital growth and delivering dividend income.
The company is focused on providing growth capital and financing to emerging and established small and medium enterprises (SME) sector throughout Asia, well diversified by national geographies, instruments and asset classes. They say that this segment of the economy is underserved by the traditional banking industry for regulatory and structural reasons.
The company’s investment manager, Harmony Capital, seeks to capitalise on its team’s established investment expertise and broad networks across Asia. Through rigorous diligence and disciplined risk management, Harmony Capital is dedicated to delivering attractive income and capital growth for shareholders with significant downside protection through selectively investing in assets and proactively managing them.
Harmony Capital is predominately sourcing private opportunities and continues to create a strong pipeline of attractive income generating assets from potential investments in growth sectors across Asia, including healthcare, fintech, hospitality, IT and property.
The company’s website can be accessed at this link.
Research History
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17 Jul 2020
QuotedData’s weekly roundup 17 July 2020
James Carthew’s weekly news roundup show for Friday, 17 July, covers Personal Assets’ great track record and another dilutive share issue from Adamas Finance Asia, and an interview with Nick Wood, head of Investment Trust Research at Quilter Cheviot. Listen back here If there is a guest speaker you’d particularly like to hear from, please […]
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07 May 2020
QuotedData’s Investment Companies Roundup – May 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research In this issue Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over April: An update note […]
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07 Feb 2020
QuotedData’s Investment Companies Roundup – February 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford Table of contents New research In this issue Performance data Discounts and premiums Money in and out Major news stories Income Events Guide New research Here is a list of research we published over January: An annual overview note on Shires Income (SHRS) “Shires Income (SHRS) will […]
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24 Jan 2020
QuotedData’s Investment Companies Annual Review - 2019
In this issue The sector at the end of 2019 Performance data Performance by sector and fund Money in and out of the sector Money in and out of existing funds Money coming into existing funds Money going out of existing funds Liquidations, de-listings and trading cancellations Significant rating changes Major news stories Outlook for […]
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10 Jan 2020
QuotedData’s investment companies roundup – January 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford Table of contents New research In this issue Performance data Discounts and premiums Money in and out Income Events New research Here is a list of research we published over December: An update note on BlackRock Throgmorton (THRG) “BlackRock Throgmorton continues to lead its peer group in […]
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12 Nov 2019
QuotedData’s investment companies roundup – November 2019
Investment Companies Roundup Kindly sponsored by Baillie Gifford New research Over October, we published notes on Pacific Horizon, Seneca Global Income & Growth, Premier Global Infrastructure, Polar Capital Global Financials, Ecofin Global Utilities and Infrastructure, Aberdeen Standard European Logistics Income and Herald. Additionally, as part of our enhanced coverage of the property sector, we launched […]
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15 Oct 2019
Investment companies quarterly roundup – Third quarter 2019
Investment Companies Quarterly Roundup Kindly sponsored by Baillie Gifford New research Over the third quarter, we published notes on India Capital Growth, Jupiter Emerging & Frontier Income, Montanaro European Smaller Companies, JLEN Environmental Assets, Civitas Social Housing, JPMorgan Russian Securities, International Biotechnology Trust, Aberdeen Emerging Markets, Seneca Global Income & Growth, Standard Life Investments Property Income […]
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05 Jul 2019
QuotedData’s investment companies roundup – July 2019
Investment Companies Roundup New research Over June, we published notes on CQS Natural Resources Growth and Income, Standard Life Private Equity and Shires Income. You can read all these notes by clicking on the links above or by visiting www.quoteddata.com. In this issue Performance data – there was a greater appetite for risk in June as […]
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25 Apr 2018
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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19 Oct 2017
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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12 Oct 2017
QuotedData investment companies roundup – October 2017
QuotedData investment companies roundup – October 2017 – 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 September 2017. Kindly sponsored by Baillie Gifford. October Investment Companies Roundup Amongst the top performers, Alternative Liquidity Fund sold its […]
News
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22 Sep 2017
Significant progress for Adamas Finance Asia
Significant progress for Adamas Finance Asia – Adamas Finance Asia has reported interim results for the six months ended 30 June 2017. Highlights: Net loss of US$1.03 million (H1 2016: US$454,000 Unrealised fair value gain on asset portfolio of US$337,000 (H1 2016: US$280,000) Consolidated loss per share of US$0.54 (H1 2016: US$0.24) Consolidated NAV at […]
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15 Sep 2017
Adamas Finance Asia sells Global Pharm
Adamas Finance Asia sells Global Pharm – On 15 September 2017, Adamas Finance Asia entered into a sale and purchase agreement with Fortune Insight Limited for the sale of its 75% interest in the company through which ADAM holds its interest in Global Pharm for US$15.6 million in cash. This is payable by Fortune within 120 […]
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16 Jun 2017
Adamas Finance Asia receives circa US$8.6m in relation to put option
Adamas Finance Asia has announced that, further to its previous announcement on 24 February 2017 in relation to the proposed disposal of its interest in the Tian Tong Shan Villa Project, the Company’s wholly owned subsidiary, Lead Winner Limited, has received a payment of HKD$52,353,176 (approximately US$6.8 million) in final settlement of the amount due […]
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05 Jan 2017
Adamas Finance Asia to dispose of Tian Tong Villa Project at a substantial discount
Adamas Finance Asia (ADAM) has announced that it has agreed terms for the sale of its indirect 15% interest in the Tian Tong Shan Villa Project (the TTS Project), a resort development in Fujian Province, China for a total consideration of up to RMB 113.58m (approximately US$16.4m). The arrangements appear to be somewhat complicated and […]
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21 Apr 2016
Top ten risers and fallers in March
http://view.ceros.com/citywire/it-insider-april-2016/p/21 Investors appeared to have a greater appetite for risk during March, with trusts which have invested in Brazil, Latin America, and Russia all featuring in the top 10 risers.
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19 Jun 2015
Adamas Finance reports delays on portfolio restructuring
Adamas Finance Asia has just published results for the year ended 31 December 2014. The results statement makes no mention of its net asset value per share but total net assets were $118.9m. There is no dividend. They made a loss of 0.34 cents per share. The fund was a Chinese private equity fund and […]
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18 Dec 2014
Adamas Finance realises Global Pharm convertible
Adamas Finance Asia is getting $25m from the redemption of the convertible bond it holds in Global Pharm Holdings. ADAM will receive an initial payment of US$2.4 million on 31 December 2014, a further US$9 million on 31 March 2015 and a final payment of US$13.6 million on 30 April 2015, yielding an aggregate of […]
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24 Sep 2014
Adamas Finance NAV hit by dilutive issue
ADAM : Adamas Finance NAV hit by dilutive issue Adamas Finance Asia saw its net asset value per share fall from 20.2 cents to 6.9 cents over the six months that ended on 30 June 2014. The principal reason for this was the fund’s issue (as a result of a reverse takeover) of 1.5bn shares at 6 […]