Aberdeen Latin American Income (ALAI) has announced its annual results for the year ended 31 August 2017. During the period, the company's NAV total return was 25.1% and its share price total return was 23.7%, which the company says compares against a benchmark total return of 21.4%. The superior NAV...
Dunedin Enterprise sells Kee Safety - Dunedin Enterprise Investment Trust says that a contract has been signed, subject to completion, to sell its investment in Kee Safety, the market-leading provider of collective fall protection, safety systems and solutions. Completion of the transaction is due on 31 October 2017. Capital and...
Qatar fund to become Gulf Investment Fund - Qatar Investment Fund intends to change its investment policy from a largely Qatar-focused investment strategy to a broader Gulf Cooperation Council ("GCC") investment strategy. Currently, the investment policy enables it to invest up to 15% in GCC countries (namely Saudi Arabia, Kuwait, UAE, Oman and...
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,...
QuotedData’s economic round up – October 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed...
Foresight Solar investing in Queensland - Foresight Solar Fund Limited has entered into binding contracts with Canadian Solar Inc., to acquire three construction stage assets in Queensland, Australia, representing 117MW of peak capacity once installed. The assets are Longreach Solar Farm (17 MW), Oakey 1 Solar Farm (30 MW) and...
Civitas expands portfolio - Civitas Social Housing PLC has completed the purchase of two specialist supported living and residential care investments for a total consideration of £8.5 million, comprising the freehold interest in 5 properties, with 43 tenancies. The properties are immediately income generating with an initial net yield in line with...
Phenomenal year for TR European Growth shareholders - TR European Growth says that, for the year ended 30 June 2017, its net asset value total return was 54.0% compared to a total return from the benchmark index of 35.8%. The share price total return was 75.5%. They are proposing an increased final...
Pacific Industrial buys nine logistics assets – Pacific Industrial & Logistics REIT has completed the off-market acquisition of a portfolio of 9 logistics assets for a total consideration of GBP45.5m. The purchase price represents a net initial yield of 7.3%. The deal has been financed from the proceeds of the...