Templeton trust backs performance related tender offer
3rd May 2019 08:51
(Sharecast News) - Templeton Emerging Markets Investment Trust on Friday confirmed its intention to introduce a five-year performance-related conditional tender offer.
Read moreTempleton Emerging Markets names new lead portfolio manager
13th Jul 2015 09:09
(ShareCast News) - Investment group Templeton Emerging Markets Investment Trust has appointed Carlos Hardenberg as lead portfolio manager. The FTSE 250 group said Hardenberg, the company's current vice-president and managing director, will work alongside the company's executive chairman Mark Mobius.
Read moreTempleton EM chairman resigns, Prudential's Paul Manduca named as successor
26th Jun 2015 10:15
Shares in Templeton Emerging Markets Investment Trust declined on Friday after the company announced the resignation of its chairman. Peter Smith, who was appointed a director of TEMIT back in 2004 and became chairman in 2007, will step down later this year. Prudential chairman Paul Manduca, who al
Read moreTempleton Emerging Markets NAV up 8%
21st Nov 2014 15:07
Templeton Emerging Markets Investment Trust saw its net asset value (NAV) per share increase during the first half of the year due to a fast rate growth in the emerging markets economies. The group's NAV increased by 8.2% during the period while cash rose significantly from £24.4m to £127.9m. Howev
Read moreTempleton Emerging lags benchmark
3rd Aug 2012 15:33
Templeton Emerging Markets, the investment trust focused on companies operating in emerging markets, saw its first quarter investment gains almost entirely wiped out in the second quarter. The trust ended the first half of 2012 up 0.3% on the year in terms of net asset value (NAV), despite NAV tumb
Read moreTempleton Emerging's NAV slides 9.26% in August
5th Sep 2011 12:57
Hong Kong/China and Brazil remain the preferred markets of choice of investment trust Templeton Emerging Markets. The company said that, as at the end of August, 25.6% of the value of its portfolio was in Chinese or Hong Kong quoted stocks, while Brazilian stocks accounted for 17.4% of net assets.
Read moreTEMIT outpaced benchmark index in 2010
15th Feb 2011 14:10
Net asset value per share has broken through the £7 barrier at Templeton Emerging Markets (TEMIT), the investment trust predominantly invested in Brazil, China, Hong Kong and India. The trust's total assets, on a with income basis, rose to £2,343m at the end of 2010 from £2,200m at the end of Septe
Read moreThursday tips round-up: Stagecoach, Game, Hochschild
9th Dec 2010 06:38
While bus and rail group Stagecoach shares have had their ups and downs recently, the trend has been positive and after a spending review-related wobble they are firmly back on track. While there's an argument for taking profits, the Independent thinks that those who hang on in there will be rewar
Read moreSunday Tips round-up: Pursuit Dynamics, Supergroup, Gulfsands...
19th Sep 2010 11:55
Pursuit Dynamics has pioneered two revolutionary technological processes - an atomiser that enables water or chemicals to be distributed in a fine mist and a reactor that mixes and heats products faster and more successfully than anything else on the market. It has proved its kit works and it is b
Read moreCarphone Warehouse founder banks £35.4m
17th Sep 2010 16:34
Carphone Warehouse founder and chairman Charles Dunstone has raised £35.4m from a share disposal. Dunstone sold 15m shares at 236p each. That still leaves him with nearly 133.1m shares, or 29.12% of the company. Dunstone founded Carphone Warehouse in 1989. In those days it was purely a mobile ph
Read moreTempleton Emerging Markets NAV 560.1P At June 30
5th Jul 2010 16:45
LONDON (Dow Jones)--Templeton Emerging Markets IT PLC (TEM.LN) said Monday that the unaudited net asset value of TEMIT Shares at June 30 was 560.1 pence (Cum-Income) and 555.8 pence (Ex-Income). -Shares closed Monday at 525.5 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; ia
Read moreTempleton Emerging Markets Declares 3.75P Dividend
16th Jun 2010 16:29
LONDON (Dow Jones)--Templeton Emerging Markets Investment Trust PLC (TEM.LN) said Wednesday it is proposing an ordinary dividend of 3.75 pence per ordinary share. MAIN FACTS: -Dividend will be payable on July 28 -Shares at 1525 GMT up 2.5 pence, or 0.5%, at 545.5 pence. -By Tommy St
Read moreWednesday tips round-up: Tesco, WH Smith, Aggreko
9th Jun 2010 07:00
Tesco faces challenges in the current market. Sales growth in the UK is unlikely to be spectacular and the improvement in its global operations will be slow and steady, tied into the economic recovery. Also, Fresh 'n' Easy in the US is yet to make a profit. However, retiring chief executive Sir Te
Read moreSunday tips round-up: Prudential, Templeton & JPMorgan ITs
23rd May 2010 11:19
The Pru holds a series of meetings on June 7 at which shareholders will vote on the deal and the rights issue. Thiam and his colleagues are trying hard to persuade their largest shareholders that this deal is in their best long-term interests, but there is a chance that the entire transaction will b
Read moreTuesday tips round-up: FirstGroup, Templeton Emerging, Hiscox
26th Jan 2010 06:51
Bus and train group FirstGroup has been called "the worst company in Britain" and the Telegraph completely understands this point of view but believes from an investment point of view, there are compelling reasons to buy the shares. In its third-quarter trading update, issued on 14 January, the gro
Read more