RIT Capital Partners H1 NAV up in 'volatile' market
7th Aug 2018 08:08
(Sharecast News) - Half year net asset value at RIT Capital Partners rose to 1,882p a share from 1,839p despite a "volatile six months for markets".
Read moreRIT Capital net assets reach a new all-time high
15th Aug 2016 07:52
(ShareCast News) - RIT Capital Partners published its interim results for the six months to 30 June on Monday, with total net assets standing at a new all-time high of £2.5bn. The FTSE 250 firm's net asset value total return for the period was 3.6%, while net assets grew a total of £87.9m before dis
Read moreWednesday newspaper share tips: Alliance Trust, Hill & Smith
1st Jun 2016 16:06
(ShareCast News) - Managers at Alliance Trust face a familiar set of battle lines this year after investment trust RIT Capital's informal approach, write the Financial Times' Lex column. That investment trust, chaired by Jacob Rothschild, may yet follow up with a formal bid for its Scottish peer. W
Read moreAlliance Trust confirms RIT Capital's informal merger approach
31st May 2016 07:10
(ShareCast News) - Alliance Trust said it has received an unsolicited, informal approach from fellow FTSE 250 investment trust RIT Capital Partners that proposed a merger of the two companies. Alliance stressed that "no detailed terms" were provided by RIT and it will incorporate any formal offer w
Read moreRIT Capital Partners profits after reducing US exposure
11th Aug 2015 14:26
(ShareCast News) - Investment trust RIT Capital Partners said it made £151m in profits before dividends of £23m in the last six months. The group said its total return for the first half of the year was 6.4%, while its share price was up by 11.8% on a total return basis while net assets were up to £
Read moreRIT Cap Partners' portfolio net value reaches all-time high in 2014
27th Feb 2015 11:30
Investment trust RIT Capital Partners said its total return in 2014 was 13.3%, while the net value of its portfolio had reached an all-time high. The group, which does not have a formal benchmark, said its net asset value total return for the year was 9.5%, while its net asset value increased 3.3% i
Read moreRIT Capital agrees deal to acquire GVOIM
19th Dec 2014 07:28
Investment trust RIT Capital Partners has agreed a deal to acquire GVO Investment Management Limited (GVOIM) from Hansa Aktiengesellschaft for an undisclosed sum. GVOIM currently manages the GVO UK Focus Fund, an Irish listed open-ended investment company, and Strategic Equity Capital plc, a London-
Read moreLondon pre-open: Stocks to rise early on
15th Aug 2014 07:58
UK stocks are expected to rise for a third straight day on Friday, though investors will likely keep a close on developments in Ukraine. City sources predict the FTSE 100 will open around 15 points higher than Thursday's close of 6,685.26. The second estimate of UK gross domestic product (GDP) fo
Read moreRecord NAV at RIT Capital Partners, but outlook cautious
15th Aug 2014 07:52
FTSE 250 investment trust RIT Capital Partners said that net asset value (NAV) per share hit an all-time high by the end of the first half. However, the company gave a cautious outlook on the current state of global stock markets, saying the search for assets with attractive valuations not conditi
Read moreAberdeen Deputy CEO trousers 5.4m pounds as shares 10-year high
19th Dec 2013 14:39
It was revealed that Aberdeen Asset Management's Deputy Chief Executive Officer (CEO) Andrew Laing sold 2.6m pounds in shares earlier this week as well as selling 2.7m pounds-worth of new shares awarded in his long-term bonus plan. Aberdeen shares recently hit heights not seen since 2001. Down th
Read moreRIT Capital Partners unveils rise in year-to-date net assets
18th Nov 2013 10:51
RIT Capital Partners said net assets have risen by over a quarter of a billion pounds since the start of the year. The most recent unaudited net asset value (NAV) per share was 1,354p at the end of October, representing a year to date NAV total return of 16%, according to a trading update on Monday
Read moreRIT Capital Partners NAV jumps on strong equities
16th Aug 2013 08:22
RIT Capital Partners said its net asset value (NAV) had grown 13.8 per cent in the first half of 2013 thanks in part to a strong performance from its equity investments. The investment trust which is chaired by British investment banker Lord Rothschild said its NAV per share had risen to 1,342p by
Read moreRIT Capital Partners' net assets reach new high
15th May 2013 08:37
RIT Capital Partners said its net assets exceeded two billion pounds in the year to date for the first time in its history. The investment trust reported net asset value per share of 1,348p at May 10th, representing total return (including dividends) of 14.3%. During the period, RIT's share price
Read moreLondon close: Markets unfazed as central banks hold fire
7th Mar 2013 17:06
The FTSE 100 finished with moderate gains on Thursday as investors digested policy-rate decisions in both the UK and Europe. Matt Basi, the Head of UK Sales Trading at CMC Markets, said European stock markets experienced "jittery trade" with traders pausing for thought after the significant gains o
Read moreFTSE 250 movers: Spirax-Sarco rises on dividend boost
7th Mar 2013 15:28
Spirax-Sarco Engineering climbed after it recommended a windfall dividend of 100p per share, worth a total of 78m pounds, after posting record sales and profit in 2012. Investment trust RIT Capital Partners rose after it reported its highest net asset value (NAV) per share of 1,309p on February 22n
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