Investec W&I – Morning Minutes 04.08.2020
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SEI Global Investments Fund Plc Unaudited Condensed Financial Statements for the Half Year Ended 31 December 2020
SEI GLOBAL INVESTMENTS FUND PLC Unaudited Condensed Financial Statements for the half year ended 31 December 2020 SEI Global Investments Fund plc Unaudited Condensed Financial Statements for the half year ended 31 December 2020 CONTENTS PAGE Directory 3 General Information 4 Investment Adviser’s Report The SEI Global Select Equity Fund 6 Portfolio of Investments The SEI Global Select Equity Fund 9 Condensed Income Statement 26 Condensed Statement of Financial Position 27 Condensed Statement of Changes in Net Assets Attributable to Redeemable Participating Shareholders 29 Notes to the Condensed Financial Statements 31 Appendix I – Remuneration Disclosures 40 Appendix II – Statement of Changes in Composition of Portfolio 41 Appendix III – Securities Financing Transactions Regulation 42 2 SEI Global Investments Fund plc Unaudited Condensed Financial Statements for the half year ended 31 December 2020 DIRECTORY Board of Directors at 31 December 2020 Michael Jackson (Chairman) (Irish) Kevin Barr (American) Robert A. Nesher (American) Desmond Murray* (Irish) Jeffrey Klauder (American) *Director, independent of the Investment Adviser Manager SEI Investments Global, Limited 2nd Floor Styne House Upper Hatch Street Dublin 2 Ireland Investment Adviser SEI Investments Management Corporation 1 Freedom Valley Drive Oaks, Pennsylvania 19456 U.S.A. Depositary Brown Brothers Harriman Trustee Services (Ireland) Limited 30 Herbert Street Dublin 2 Ireland Administrator SEI Investments – Global Fund Services Limited 2nd Floor Styne House Upper Hatch Street -
Notice of Annual General Meeting Hilton Food Group Plc
THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION. IF YOU ARE IN ANY DOUBT AS TO WHAT ACTION TO TAKE YOU ARE RECOMMENDED TO CONSULT YOUR STOCKBROKER, SOLICITOR, ACCOUNTANT OR OTHER INDEPENDENT ADVISER AUTHORISED UNDER THE FINANCIAL SERVICES AND MARKETS ACT 2000. Notice of Annual General Meeting Hilton Food Group plc Notice of the Annual General Meeting which has been convened for Thursday 21 May 2020 at 1:00 p.m. at Hilton Food Group plc, 2-8 The Interchange, Latham Road, Huntingdon, Cambridgeshire PE29 6YE is set out on pages 3 to 6 of this document. If you have sold or otherwise transferred all of your ordinary shares in Hilton Food Group plc, you should send this document, together with the accompanying documents, to the purchaser or transferee of these shares, or to the person through whom the sale or transfer was arranged for transmission to the purchaser or transferee. To be valid, forms of proxy must be completed and returned in accordance with the instructions printed thereon so as to be received by the Company’s registrars, Equiniti Limited, Aspect House, Spencer Road, Lancing, West Sussex BN99 6DA (the “Registrar”) as soon as possible and in any event not later than 48 hours before the time appointed for holding the meeting (excluding non-working days). 2 Hilton Food Group plc Notice of Annual General Meeting Hilton Food Group plc (incorporated and registered in England under number 06165540) 2-8 The Interchange, Latham Road, Huntingdon, Cambridgeshire PE29 6YE England Tel: +44 (0) 1480 387214 / Fax: +44 (0) 1480 387241 17 April 2020 To the holders of Hilton Food Group plc shares Dear Shareholder Notice of Annual General Meeting I am pleased to be writing to you with details of our annual general meeting (“AGM”) which we are holding at Hilton Food Group plc, 2-8 The Interchange, Latham Road, Huntingdon, Cambridgeshire PE29 6YE on Thursday 21 May 2020 at 1:00 p.m. -
Fund Fact Sheet
Franklin Templeton Funds GB00B3ZGH246 FTF Franklin UK Mid Cap Fund - A 31 July 2021 (inc) Fund Fact Sheet For Professional Client Use Only. Not for distribution to Retail Clients. Fund Overview Performance Base Currency for Fund GBP Performance over 5 Years in Share Class Currency (%) Total Net Assets (GBP) 1.16 billion FTF Franklin UK Mid Cap Fund A (inc) FTSE 250 ex-Investment Trusts Index Fund Inception Date 17.10.2011 180 Number of Issuers 36 Benchmark FTSE 250 ex-Investment 160 Trusts Index IA Sector UK All Companies 140 ISA Status Yes 120 Summary of Investment Objective The Fund aims to grow in value by more than the FTSE 250 100 (ex-Investment Trusts) Index, from a combination of income and investment growth over a three to five-year period after all fees and costs are deducted. 80 07/16 01/17 07/17 01/18 07/18 01/19 07/19 01/20 07/20 01/21 07/21 Fund Management Discrete Annual Performance in Share Class Currency (%) Richard Bullas: United Kingdom 07/20 07/19 07/18 07/17 07/16 Mark Hall: United Kingdom 07/21 07/20 07/19 07/18 07/17 Dan Green, CFA: United Kingdom A (inc) 36.52 -12.79 -1.25 9.89 23.81 Marcus Tregoning: United Kingdom Benchmark in GBP 42.85 -15.10 -4.98 8.39 17.21 Ratings - A (inc) Performance in Share Class Currency (%) Cumulative Annualised Overall Morningstar Rating™: Since Since Asset Allocation 1 Mth 3 Mths 6 Mths YTD 1 Yr 3 Yrs 5 Yrs Incept 3 Yrs 5 Yrs Incept A (inc) 4.45 5.93 20.14 16.83 36.52 17.58 59.90 821.63 5.55 9.84 10.60 Benchmark in GBP 3.24 3.01 16.86 15.60 42.85 15.25 46.41 622.69 4.84 7.92 9.38 Prior to 7 August 2021, the Fund was named Franklin UK Mid Cap Fund. -
Annual Report of Proxy Voting Record Date Of
ANNUAL REPORT OF PROXY VOTING RECORD DATE OF REPORTING PERIOD: JULY 1, 2018 - JUNE 30, 2019 FUND: VANGUARD FTSE 250 UCITS ETF --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ISSUER: 3i Infrastructure plc TICKER: 3IN CUSIP: ADPV41555 MEETING DATE: 7/5/2018 FOR/AGAINST PROPOSAL: PROPOSED BY VOTED? VOTE CAST MGMT PROPOSAL #1: ACCEPT FINANCIAL STATEMENTS AND ISSUER YES FOR FOR STATUTORY REPORTS PROPOSAL #2: APPROVE REMUNERATION REPORT ISSUER YES FOR FOR PROPOSAL #3: APPROVE FINAL DIVIDEND ISSUER YES FOR FOR PROPOSAL #4: RE-ELECT RICHARD LAING AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #5: RE-ELECT IAN LOBLEY AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #6: RE-ELECT PAUL MASTERTON AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #7: RE-ELECT DOUG BANNISTER AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #8: RE-ELECT WENDY DORMAN AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #9: ELECT ROBERT JENNINGS AS DIRECTOR ISSUER YES FOR FOR PROPOSAL #10: RATIFY DELOITTE LLP AS AUDITORS ISSUER YES FOR FOR PROPOSAL #11: AUTHORISE BOARD TO FIX REMUNERATION OF ISSUER YES FOR FOR AUDITORS PROPOSAL #12: APPROVE SCRIP DIVIDEND SCHEME ISSUER YES FOR FOR PROPOSAL #13: AUTHORISE CAPITALISATION OF THE ISSUER YES FOR FOR APPROPRIATE AMOUNTS OF NEW ORDINARY SHARES TO BE ALLOTTED UNDER THE SCRIP DIVIDEND SCHEME PROPOSAL #14: AUTHORISE ISSUE OF EQUITY WITHOUT PRE- ISSUER YES FOR FOR EMPTIVE RIGHTS PROPOSAL #15: AUTHORISE MARKET PURCHASE OF ORDINARY ISSUER YES FOR FOR -
Parker Review
Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people. -
EMBARGOED UNTIL 4 MARCH 2021 John Laing Group Plc Results For
EMBARGOED UNTIL 4 MARCH 2021 John Laing Group plc Results for the year ended 31 December 2020 NAV per share at 31 December 2020, before dividends paid in the year, of 320 pence, representing a 5% reduction from 31 December 2019. After challenging H1 2020, improved H2 2020 performance in-line with guidance provided at H1 results, with 5% underlying NAV growth1 in the second half driven by strong value creation in PPP & Projects and stable underlying Renewable Energy performance. With our strong balance sheet and differentiated and international greenfield platform, we are well positioned to invest in a growing and attractive infrastructure market. Governments in all of our core markets are looking to infrastructure investment to support growth and future-proof their economies, creating opportunities for John Laing in new and existing sectors. John Laing Group plc (“John Laing” or “the Group”) is today announcing its audited results for the year ended 31 December 2020. Year ended or as at Six months ended or Year ended or as at £ million (unless otherwise stated) 31 December 2020 as at 30 June 2020 31 December 2019 Net assets (“net asset value” or “NAV”) 1,529 1,525 1,658 Portfolio value 1,542 1,603 1,768 NAV per share before dividends paid1 320p 317p 347p NAV per share2 310p 309p 337p (Loss)/profit before tax (65) (95) 100 Dividend per share 9.70p 1.88p 9.50p 1 NAV per share before dividends paid at 31 December 2020 is calculated based on NAV before the 2019 final dividend of £38 million and the 2020 interim dividend of £9million, paid in May and October 2020 respectively, and equivalent to 9.5 pence per share 2 NAV per share at 31 December 2020 calculated as NAV of £1,529 million divided by the number of shares in issue at 31 December 2020 of 493.1 million, excluding shares held in the Employee Benefit Trust (“EBT”) Full year highlights: • Return to NAV growth and significant improvement in second half performance: underlying1 H2 NAV growth of 5%. -
Morningstar Report
Report as of 23 Sep 2021 FTF Franklin UK Mid Cap Fund W (acc) Morningstar® Category Morningstar® Benchmark Fund Benchmark Morningstar Rating™ UK Mid-Cap Equity FTSE 250 Ex Investment Trust TR GBP FTSE 250 Ex Investment Trust TR GBP QQQ Used throughout report Investment Objective Performance The Fund aims to grow in value by more than the FTSE 250 192 (ex-Investment Trusts) Index, from a combination of 169 income and investment growth over a three to five-year 146 period after all fees and costs are deducted. The Fund will 123 invests at least two thirds (but typically significantly more) 100 in the shares of medium-sized companies that are 77 constituents of the FTSE 250 (ex-Investment Trusts) Index and that are incorporated/domiciled in the UK or which 2016 2017 2018 2019 2020 2021-08 have significant business operations in the UK. This will -0.23 26.43 -13.46 42.30 -14.19 23.11 Fund typically be around 30–50 companies. 5.08 18.24 -15.15 30.79 -8.48 22.42 Benchmark 5.27 19.55 -14.94 30.83 -2.93 19.16 Category Risk Measures Trailing Returns % Fund Bmark Cat Quarterly Returns % Q1 Q2 Q3 Q4 3Y Alpha 1.27 3Y Sharpe Ratio 0.45 3 Months 7.81 6.09 6.44 2021 5.67 6.24 - - 3Y Beta 1.03 3Y Std Dev 23.59 6 Months 16.57 13.73 13.19 2020 -34.73 13.41 -3.15 19.70 3Y R-Squared 95.57 3Y Risk Avg 1 Year 48.84 50.23 43.80 2019 10.97 6.77 5.53 13.81 3Y Info Ratio 0.27 5Y Risk Avg 3 Years Annualised 8.30 6.82 8.43 2018 -2.73 6.70 -3.28 -13.79 3Y Tracking Error 5.02 10Y Risk abv avg 5 Years Annualised 10.37 7.88 10.12 2017 6.51 6.02 4.41 7.23 Calculations -
Stoxx® Europe Ipo (60 Months) Index
STOXX® EUROPE IPO (60 MONTHS) INDEX Components1 Company Supersector Country Weight (%) CELLNEX TELECOM Telecommunications ES 6.13 DELIVERY HERO Retail DE 5.29 JUST EAT TAKEAWAY.COM NV Retail NL 5.21 SCOUT24 Technology DE 3.41 COVESTRO Chemicals DE 2.72 AUTO TRADER GROUP Media GB 2.50 HELLOFRESH AG Retail DE 2.18 AMUNDI Financial Services FR 2.08 KOJAMO OYJ Real Estate FI 2.00 GALENICA SANTE AG Retail CH 1.92 VAT GROUP AG Industrial Goods & Services CH 1.91 ASR NEDERLAND NV Insurance NL 1.79 SIG COMBIBLOC GROUP AG Industrial Goods & Services CH 1.72 CONVATEC PLC Health Care GB 1.70 SIGNIFY Industrial Goods & Services NL 1.54 NEXI SPA Industrial Goods & Services IT 1.50 TEAMVIEWER AG Technology DE 1.49 INWIT Telecommunications IT 1.43 AVAST PLC Technology GB 1.41 LA FRANCAISE DES JEUX Travel & Leisure FR 1.28 STADLER RAIL AG Industrial Goods & Services CH 1.19 BAWAG GROUP AG Banks AT 1.05 NETCOMPANY GROUP AS Technology DK 1.03 SOFTCAT Technology GB 0.89 PIRELLI & C. S.P.A. Automobiles & Parts IT 0.89 COUNTRYSIDE PROPERTIES PLC Personal & Household Goods GB 0.88 LANDIS GYR GROUP AG Industrial Goods & Services CH 0.86 INTEGRAFIN HOLDINGS PLC Financial Services GB 0.81 DOMETIC GROUP AB Personal & Household Goods SE 0.77 BRAVIDA HOLDING AB Industrial Goods & Services SE 0.72 SILTRONIC Technology DE 0.69 TRAINLINE PLC Travel & Leisure GB 0.68 SPIE Industrial Goods & Services FR 0.68 INTERTRUST NV Financial Services NL 0.68 ZUR ROSE GROUP Retail CH 0.66 ASCENTIAL PLC Media GB 0.64 SINCH Technology SE 0.64 Virgin Money UK Banks GB 0.62 HASTINGS -
Report & Accounts
Report & Accounts Year Ended 31 March 2013 Financial Highlights Revenue Adjusted Profit Before Tax* £875.2m £49.3m 2013 875.2m 2013 49.3m 2012 820.8m 2012 45.6m 2011 758.4m 2011 47.3m Adjusted Earnings Per Share* Dividends Per Share 78.9p 30.0p 2013 78.9p 2013 30.0p 2012 72.9p 2012 28.5p 2011 72.8p 2011 27.5p 2013 2012 Movement Reported revenue £875.2m £820.8m +7% Underlying revenue † £864.6m £820.8m +5% Operating profit before impairment £50.0m £46.7m +7% Adjusted profit before tax* £49.3m £45.6m +8% Adjusted earnings per share * 78.9p 72.9p +8% Dividends per share 30.0p 28.5p +5% Notes: Comparative figures are for the 53 weeks to 31 March 2012 * excluding impairment charges and the effects of associate † excluding contribution from Kingston Foods acquired on 29 June 2012 Company Profile Cranswick was formed by farmers in the early 1970’s to produce This development has been achieved through a combination of pig feed. In 1988 the Board embarked on a strategy to broaden acquisitions and subsequent organic growth, with Cranswick now the base of the Company’s activities and to seek opportunities to supplying a range of fresh pork, gourmet sausages, premium develop into related areas offering greater scope to add value to the cooked meats, traditional air-dried bacon, charcuterie, pastry Company’s processes. Activities have since been extended from this products and sandwiches to its customers from a number of agricultural base into the food sector. production facilities in the UK. -
Tyman Plc Annual Report and Accounts 2016 Accounts and Report Annual
Tyman plc Tyman Annual Report and Accounts 2016 A year of growth Tyman plc Annual Report and Accounts 2016 Further progress and growth through acquisitions Tyman is a leading international supplier of engineered components to the door and window industry. At 31 December 2016 the Group had 23 manufacturing sites in eight countries along with a further 18 sourcing and distribution sites across North America, Europe, South America, Asia and Australasia with its products being found in homes and buildings worldwide. Operational highlights Financial highlights • Year of profitable growth assisted by contributions from strategic acquisitions and favourable exchange rates Revenue Dividend per share • Integration of the three acquisitions completed in the year now well advanced £457.6m 10.50p 2015: £353.4m +29% 2015: 8.75p +20% • Synergy targets for both Giesse and Bilco now expected to be achieved by the end of 2017 - significantly ahead of schedule Underlying operating profit Underlying net debt • Strong cash generation and tight control over working £69.8m £176.7m capital taking Leverage back below 2.00x at the year end 2015: £51.4m +36% 2015: £83.2m (112)% • Dividend increased by 20.0 per cent to reflect improved cash generation and profitability Profit before taxation Leverage • Continued margin progression in AmesburyTruth despite limited volume growth £29.4m 1.89x 2015: £15.6m +89% 2015: 1.35x • Stronger second half for ERA with UK markets holding up better than expected post the EU Referendum Underlying earnings per share Return on capital -
Description Holding Book Cost Market Price Market Value £000'S £000'S
DORSET COUNTY PENSION FUND VALUATION OF PORTFOLIO AT CLOSE OF BUSINESS 31 March 2017 Book Market Description Holding Market Value Cost Price £000's £000's UK EQUITIES MINING ACACIA MINING 33,000 147.93 4.502 148.57 ANGLO AMERICAN ORD USD0.54 270,390 2,804.18 12.27 3,317.69 ANTOFAGASTA ORD GBP0.05 74,500 151.50 8.355 622.45 BHP BILLITON ORD USD0.50 436,926 2,401.54 12.395 5,415.70 CENTAMIN EGYPT LTD 226,000 349.07 1.732 391.43 FRESNILLO 35,500 88.20 15.52 550.96 GLENCORE XSTRATA 2,412,543 5,662.91 3.141 7,577.80 HOCHSCHILD MINING ORD GBP0.25 49,000 108.90 2.765 135.49 KAZ MINERALS 53,600 89.80 4.551 243.93 PETRA DIAMONDS 106,900 169.67 1.329 142.07 POLYMETAL INT'L 53,800 514.30 9.945 535.04 RANDGOLD RESOURCES ORD USD0.05 19,250 485.32 69.7 1,341.73 RIO TINTO ORD GBP0.10 (REG) 250,150 2,876.49 32.185 8,051.08 VEDANTA RESOURCES ORD USD0.10 18,500 75.07 8.11 150.04 Total MINING 15,924.89 28,524.69 OIL & GAS PRODUCERS AFREN PLC 218,000 215.93 0 0.00 BP ORD USD0.25 3,948,100 13,177.95 4.5885 18,115.86 CAIRN ENERGY ORD GBP0.06153846153 119,207 236.32 2.048 244.14 NOSTRUM OIL & GAS 17,700 84.36 4.796 84.89 ROYAL DUTCH 'B' ORD EUR0.07 1,642,961 20,190.09 21.945 36,054.78 TULLOW OIL ORD GBP 0.10 188,500 789.92 1.99026 375.16 Total OIL & GAS PRODUCERS 34,694.58 54,658.45 CHEMICALS CRODA INTL ORD GBP0.10 26,995 211.15 35.77 965.61 ELEMENTIS 99,000 130.23 2.899 287.00 JOHNSON MATTHEY ORD GBP1.00 40,357 446.31 30.82 1,243.80 SYNTHOMER 57,665 118.87 4.751 273.97 VICTREX ORD GBP0.01 17,000 111.61 19.02 323.34 Total CHEMICALS 1,018.16 3,087.91 CONSTRUCTION -
Issue Country of Domicile GICS Sector Portfolio Weight (%) AJ BELL United
Issue Country of domicile GICS sector Portfolio weight (%) AJ BELL United Kingdom Financials 3.35% AVAST United Kingdom Information Technology 2.45% CAPITAL FOR COLLEAGUES United Kingdom Financials 0.03% CERES POWER HOLDINGS United Kingdom Industrials 0.76% COMPASS GROUP United Kingdom Consumer Discretionary 1.73% COUNTRYSIDE PROPERTIES United Kingdom Consumer Discretionary 3.84% CREST NICHOLSON HOLDINGS United Kingdom Consumer Discretionary 1.84% DFS FURNITURE United Kingdom Consumer Discretionary 3.08% DISTRIBUTION FINANCE CAPITAL United Kingdom Financials 0.70% ETHICAL PROPERTY CO United Kingdom Real Estate 0.06% FIRST DERIVATIVES United Kingdom Information Technology 2.00% GB GROUP United Kingdom Information Technology 2.58% GENUIT GROUP United Kingdom Industrials 1.04% GREENCOAT UK WIND United Kingdom Utilities 0.96% GYM GROUP United Kingdom Consumer Discretionary 2.75% HALMA United Kingdom Information Technology 2.74% HARGREAVES LANSDOWN United Kingdom Financials 3.53% HELIOS TOWERS United Kingdom Communication Services 2.93% HOME REIT United Kingdom Consumer Discretionary 0.88% INTERTEK GROUP United Kingdom Industrials 3.23% KINGSPAN GROUP Ireland Industrials 2.52% LEARNING TECHNOLOGIES GROUP United Kingdom Information Technology 4.01% LEGAL & GENERAL GROUP United Kingdom Financials 3.72% LONDON STOCK EXCHANGE GROUP United Kingdom Financials 3.78% MORTGAGE ADVICE BUREAU HOLDINGS United Kingdom Financials 1.57% NATIONAL EXPRESS GROUP United Kingdom Industrials 3.35% NATIONAL GRID United Kingdom Utilities 1.30% OXFORD INSTRUMENTS