Griffin Mining non-exec adds 350,000 shares
18th Sep 2014 16:29
A non-executive of Griffin Mining has added to his already large stake in the company with an additional 350,000 shares. Adam Usdan, who joined the company earlier in the year and is also a founding shareholder of the company, now holds 29.14m shares in the group, equal to a 16.3% interest. The pur
Read moreWednesday broker round-up UPDATE
19th Mar 2014 09:00
Afren: Canaccord Genuity lowers target price from 185p to 180p and stays with its buy recommendation. Antofagasta: Westhouse Securities reduces target price from 1060p to 985p staying with its buy recommendation. Credit Suisse downgrades from neutral to underperform with a target price of 750p. JP
Read moreCharlemagne warns emerging markets doldrums could hit profits
12th Jul 2013 10:39
Emerging markets focused investment group Charlemagne Capital warned that declines in assets under management (AuM) in the first half must be reversed for it to generate continuing profit. The AIM-listed asset manager saw AuM retreat 8.1% to $2.4bn between the start of the year and June 30th, lea
Read moreThursday broker round-up UPDATE
4th Jul 2013 08:17
Aberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreWednesday broker round-up UPDATE
27th Mar 2013 08:52
Amara Mining: Westhouse Securities lowers target price from 124p to 110p, while reiterating a buy recommendation. Ashtead: Canaccord Genuity ups target price to 170p and keeps a buy recommendation. Bellway: Deutsche Bank revises target price from 1381p to 1395p and reiterates a hold recommendation
Read moreWednesday broker round-up UPDATE
16th Jan 2013 07:16
Anglo American: Goldman Sachs reduces target price from 1650p to 1500p and reiterates its sell recommendation. Antofagasta: Goldman Sachs ups target price from 1100p to 1120p and still recommends to sell. ARM Holdings: UBS increases target price from 750p to 900p, while downgrading to neutral. As
Read moreMonday broker round-up UPDATE
14th Jan 2013 06:57
Aberdeen Asset Management: JP Morgan ups target price from 414p to 479p and retains an overweight rating. HSBC downgrades to neutral. Aggreko: UBS cuts target price from 2350p to 2250p maintaining a buy rating. ARM Holdings: Piper Jaffray downgrade to neutral. Ashmore Group: JP Morgan shifts ta
Read moreExperian Chairman sells shares and donates proceeds to charity
29th Mar 2012 15:38
Sir John Peace, the Chairman of Experian, the FTSE 100 information services firm, sold 12,633 shares in the firm and gave the proceeds to charity. Peace sold the shares at 990p each for a total of £125,067. "In addition, Sir John made an off-market gift of 5,015 Shares to charity for nil considera
Read moreCharlemagne's assets decline
7th Jul 2011 10:45
Hedge fund manager Charlemagne Capital's assets under management (AUM) slipped 5.5% for the year to June 30, hurt by declining net outflows from the long only funds and individual factors relating to each of its markets. Charlemagne said it intends to declare an interim dividend in respect of the
Read moreRising markets lift Charlemagne
4th Mar 2011 07:35
A good second half investment performance offset a small funds outflow last year at emerging markets fund manager Charlemagne. Assets under management at the end of 2010 were $3.48bn, up 14.1% over the prior year (2009: US$3.05bn) with net redemptions of $64m across all segments. "The second half
Read moreSmall caps round-up: Charlemagne, Highams, Hydro...
7th Sep 2010 13:48
Hedge fund manager Charlemagne's assets under management rise have picked up in the past two months to stand at $3.04bn at end August. The modest recovery follows a fall in the first half to $2.8bn, blamed on declining markets. Operating profits were $1.2m, down from $1.3m, with one-off performanc
Read moreTIP SHEET: New Charlemagne Fund Targets Dividend Returns
23rd Jul 2010 12:35
(This article was originally published Thursday.) By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Market optimism has largely faded, but a new fund that focuses on dividends instead of capital gains seeks to shield investors from the gloom. Charlemagne Capital in June
Read moreCORRECT: TIP SHEET: Charlemagne Fund Targets Dividend Returns
22nd Jul 2010 20:21
(A story "TIP SHEET: New Charlemagne Fund Targets Dividend Returns" published at 3 p.m. misstated when the Charlemagne fund was launched in the second paragraph and the status of the Agricultural Bank of China's initial public offering in the 13th paragraph. A corrected version follows.) By Riva
Read moreSmall caps: Charlemagne, Sinosoft, Savile
9th Jul 2010 13:05
Hedge fund group Charlemagne Capital's assets under management fell 9.5% to $2.76bn from $3.05bn in the half year to June. Net management fees receivable were $10.4m compared with $8.4m, reflecting the higher average assets under management in the first half of 2010. "Charlemagne's investment perfo
Read moreCharlemagne Capital 1H AUM $2.8B, Up 16%
9th Jul 2010 07:25
LONDON (Dow Jones)--Charlemagne Capital Ltd (CCAP.LN) said Friday assets under management, or AuM, for the first six months ended June 30 were $2.8 billion, up by 16% on June 2009, adding that it intends to declare an ordinary and a special dividend in respect of the first half. MAIN FACTS:
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