John Laing appoints new adviser to infra fund
19th Jan 2016 10:22
(ShareCast News) - John Laing Capital Management said it had appointed Gianluca Mazzoni as deputy investment adviser to John Laing Infrastructure Fund, in charge of business development. Mazzoni will be responsible for developing new investment opportunities and leading acquisitions for JLIF, the co
Read moreJohn Laing to make first investment in Spain's PPP market
23rd Dec 2015 09:32
(ShareCast News) - John Laing Infrastructure Fund has entered into an agreement with Iridium Concesiones de Infraestructuras, a subsidiary of Grupo ACS, to acquire an effective 40% stake in the Barcelona Line 9 Section II metro project Line 9 runs directly through the heart of the city centre, conne
Read moreJohn Laing portfolio grows 6% in first nine months
9th Nov 2015 08:08
(ShareCast News) - John Laing Infrastructure Fund has seen nearly 6% growth in its portfolio value for the year to date. The FTSE 250 infrastructure investment company released a third quarter update statement on Monday. It showed the company had a portfolio of £876.6m on 30 September, up from a re
Read moreLondon pre-open: Investors keeping tabs on Fed, corporate earnings
12th Oct 2015 07:30
(ShareCast News) - Stocks are set for a slightly lower start as investors prepare themselves for the beginning of the US earnings season and ahead of speeches from several US rate-setters scheduled for later in the day. The top flight index is being called to start the session 18 points lower from F
Read moreLondon open: Strategists sound optimistic note
28th Aug 2015 09:29
(ShareCast News) - Markets wavered slightly at the start of trading as investors continued to take stock of Thursday´s much stronger than expected reading on the US economy and what it might mean for the Federal Reserve´s monetary policy. As of 08:56 the Footsie was 1.66 points higher to 6,193.66 bu
Read moreJohn Laing Infrastructure Fund´s profits hit by currency headwinds
28th Aug 2015 07:20
(ShareCast News) - John Laing Infrastructure Partners registered a slight drop in its net asset value at the half-year stage but management waxed optimistic on the opportunities for growth and diversification which were now available to the company. In the six months ending on 30 June the company´s
Read moreJohn Laing secures new credit facility
24th Aug 2015 07:57
(ShareCast News) - John Laing Infrastructure Fund has signed a five-year £180m revolving credit facility with Royal Bank of Scotland, HSBC Bank, ING Bank NV and Commonwealth Bank of Australia. The margin on the new facility, which replaces its existing £150m with RBS, Lloyds TSB Bank and ING is 1.75
Read moreLondon pre-open: Pause expected on Greek concerns, China cuts rates
11th May 2015 07:35
UK stocks were expected to pull back slightly on Monday morning following a surge the previous session as markets reacted to the election victory by the business-friendly Conservative party. City sources predict the FTSE 100 will open 15 points lower than Friday's close of 7,046.82. The index jumpe
Read moreJohn Laing Infrastructure Fund optimistic on growth, eyes acquisitions
11th May 2015 07:30
In a trading statement covering the period since year-end running to 8 May the John Laing Infrastructure Fund (JLIF) reported underlying growth of 1.84% in the value of its portfolio to reach £849.8m. The company highlighted that the 3.375p per share interim dividend, which was declared on 31 March
Read moreJohn Laing Infrastructure Fund lifts dividend as net asset value jumps on acquisitions
24th Mar 2015 07:59
John Laing Infrastructure Fund said it will raise its final dividend for the year, on the back of an increase in its net asset value in 2014. The London-listed company said its annual net asset value per share climbed 2.3% to 109.3p last year, while new acquisitions drove net asset value up to £887.
Read moreJohn Laing Infrastructure Fund purchases remaining 20% in Kirklees Social Housing
22nd Jan 2015 14:54
John Laing Infrastructure Fund (JLIF) has agreed a deal to purchase the remaining 20% of the Kirklees Social Housing project. "Today's announcement further demonstrates JLIF's focus on creating value for investors, through opportunities in acquiring additional stakes in projects following the initia
Read moreLondon pre-open: Positive start expected to shortened Christmas week
22nd Dec 2014 07:28
UK stocks are set to jump strongly when markets open on Monday morning, extending their recent winning streak into a fifth straight day ahead of a shortened trading week. City sources predict the FTSE 100 will open 50 points higher than Friday's close of 6,545.27. The index surged 4% over the past
Read moreJLIF seals £21.6m purchase of John Laing assets
22nd Dec 2014 07:05
Infrastructure investment firm John Laing Infrastructure Fund has completed the acquisition of two assets from John Laing for a combined value of £21.6m. The fund has taken receipt of an 80% stake in the Kirklees Social Housing project and a 50% stake in the Surrey Street Lighting project, bringing
Read moreInvestec labels Balfour Beatty's rejected PPP bid a 'brave move'
5th Dec 2014 09:51
Balfour Beatty's rejection of a £1bn bid for its public-private partnership (PPP) portfolio was a "brave move" by management, according to analysts at Investec. Balfour said on Friday that the recent bid from John Laing Infrastructure Fund (JLIF) "falls significantly short of its own view of the val
Read moreCanaccord Genuity questions bid price for Balfour's PPP portfolio
1st Dec 2014 10:20
The £1bn potential bid by John Laing Infrastructure Fund for Balfour Beatty's public-private partnership (PPP) portfolio will test the latter's new boss, according to analysts at Canaccord Genuity. They labelled the price a "significant lump of cash", but said that £1bn for the portfolio was a "fire
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