Mercantile Investment Trust reports solid returns in tough conditions
12th Apr 2024 07:19
(Sharecast News) - UK equity investment firm Mercantile Investment Trust said managed to grow returns in the year to 31 January despite "a generally unsupportive environment".
Read moreDirector dealings: MRC director ups stake
28th Nov 2019 16:17
(Sharecast News) - Mercantile Investment Trust revealed on Thursday that director Jeremy Tigue purchased 924 ordinary shares in the FTSE 250-listed investment vehicle.
Read moreDirector dealings: Mercantile Investment Trust non-exec buys in
7th Jan 2016 15:22
(ShareCast News) - Angus Lennox, a non-executive director of JP Morgan-managed Mercantile Investment Trust, has invested £90,150 of his cash in the grand old dame of the UK trust sector. Former Cazenove investment banker and then a managing director of the investment arm once JP Morgan took over, Le
Read moreMercantile Investment pips All-Share
26th Sep 2012 16:03
The Mercantile Investment Trust, one of the oldest and largest investment trusts in the UK, showed a decent turn of foot for a 128-year-old company in the first half of the company's financial year. The trust, which aims to provide income and capital growth through opportunities in UK mid and small
Read moreFCAM Executive Chairman tops up his stake
17th May 2012 15:38
Edward Bramson, the Executive Chairman of F and C Asset Management, has increased his stake in the company with the purchase of 134,025 shares. The shares were bought for an average of 67.60p each costing a total of £90,601. Bramson became Executive Chairman in October of last year, before whi
Read moreMercantile suffers in turbulent markets
21st Sep 2011 16:24
Mercantile Investment Trust saw huge losses for the six month period to the end of July, blaming specific stock and market wide turbulence. The group made a pre-tax loss of £15.6m, compared to a profit for the same period last year of £89m after the company took a £25.65m bath on the value of its
Read moreMercantile IT outperforms benchmark
22nd Sep 2010 17:30
Mercantile Investment Trust outperformed the FTSE All-Share index in the six months to July 2010. The net asset value of the investment trust grew from 1015.6p a share to 1083.8p a share during the period. A 6p a share dividend was paid in the six month period and another 6p a share dividend will
Read moreSmall caps: Condor, Mariana, Eckoh...
6th Sep 2010 13:57
Shares in Condor Resources took off after the Central American gold explorer announced a swap of mining rights in Nicaragua with gold producer B2Gold. The swap will result in Condor becoming the biggest concession holder in Nicaragua's La India mining district, it said. Elsewhere in Latin American
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