Asset Purchases, NAV Reporting, Acquisitions, and Technical Updates - Analyst Notes on Legal & General, Fidelity China Special

Asset Purchases, NAV Reporting, Acquisitions, and Technical Updates - Analyst Notes on Legal & General, Fidelity China Special Situations, Hansteen, Man and                         John Laing Infrastructure Fund  Editor Note: For more information about this release, please scroll to bottom.    PR Newswire    LONDON, July 11, 2014  LONDON, July 11, 2014 /PRNewswire/ --  Today, Earnings Review released its analysts' notes regarding Legal & General Group Plc (LON: LGEN), Fidelity China Special Situations PLC (LON: FCSS), Hansteen Holdings plc (LON: HSTN), Man Group PLC (LON: EMG) and John Laing Infrastructure Fund Limited (LON: JLIF). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://earnings-review.com/4696-100free . -- Legal & General Group Plc Analyst Notes On June 25, 2014, Legal & General Property (LGP), a part of Legal & General Group Plc (Legal & General), announced that its Industrial Property Investment Fund (IPIF) has completed purchases of over £80 million, bringing its assets under management above £1 billion. The Company stated that LGP is one of the most active investors in the UK industrial market, with IPIF being the largest industrial fund in IPD. Jonathan Holland, Fund Manager of IPIF, said: "With a fund strategy focused on investing in well located, good quality, multi-let assets primarily situated in greater London or the south east, as well as high yielding industrial properties with stable income returns, this latest flurry of acquisitions provides IPIF with a further base of previously under managed assets through which to drive growth. Taking an opportunity-led approach to investment, much of IPIF's success lies in its team of 40-strong team of professionals." The full analyst notes on Legal & General are available to download free of charge at: http://earnings-review.com/4696-LGEN-11Jul2014.pdf -- Fidelity China Special Situations PLC Analyst Notes On July 8, 2014, Fidelity China Special Situations PLC (Fidelity China Special Situations) reported that the unaudited net asset value (NAV) of the Company at the close of business on July 7, 2014 was 119.20 pence per share. The Company stated that the net asset value calculation was done on a "cum" income basis in accordance with applicable accounting standards and AIC recommendations. The full analyst notes on Fidelity China Special Situations  are available to download free of charge at: http://earnings-review.com/4696-FCSS-11Jul2014.pdf -- Hansteen Holdings plc Analyst Notes On June 30, 2014, Hansteen Holdings plc (Hansteen) announced that following its acquisition from Unicredit Bank AG of 50% of a loan secured against a portfolio of primarily multi-let industrial property in the Netherlands, for a 51% discount to the value of the loan, it has now completed the acquisition of the property assets within the portfolio, for a total consideration of €106 million, which will be paid from the existing cash resources and a new €60 million five year loan from ING. The acquired property portfolio comprises of more than 370,000 sqm across 41 estates in the Netherlands, with the majority being in the core Randstad area. The gross annual rental income of the portfolio is c.€15.4 million, while the contracted rental income is more than €16.0 million. The current vacancy rate of the portfolio is around 20%, which provides a significant opportunity to the Company to add value. The full analyst notes on Hansteen are available to download free of charge at: http://earnings-review.com/4696-HSTN-11Jul2014.pdf -- Man Group PLC Analyst Notes On June 19, 2014, Man Group PLC (Man) announced that it has entered into a conditional agreement to acquire the Boston-based Numeric Holdings LLC (Numeric), a privately-owned, quantitative equity manager with $14.7 billion of funds under management as at May 31, 2014. Under the terms of the agreement, Man will pay $219 million in cash at completion, with a further payment of up to $275 million, depending on the run rate profitability of the business after five years from the completion of transaction, to a group of the Numeric management team and employees. Commenting on the acquisition, Manny Roman, CEO of Man, said, "The transaction provides us with the opportunity to advance two of our core strategic objectives: first, to build a diversified quantitative fund management business with significant assets in fundamentally based quantitative strategies and second, to develop further our presence in the US market." The full analyst notes on Man are  available to download free of charge at: http://earnings-review.com/4696-EMG-11Jul2014.pdf -- John Laing Infrastructure Fund Limited Analyst Notes On July 8, 2014, the stock of John Laing Infrastructure Fund Limited (John Laing Infrastructure Fund) gained 0.35% to close trading at 115.60 pence. The Company's stock opened at 115.30 pence, and fluctuated within the range of 115.20 pence - 115.80 pence during the trading session. The Company's stock marginally increased by 0.09% over the past one month of trading while the FTSE 100 declined by 1.75% during the same time period. The full analyst notes on John Laing Infrastructure Fund are available to download free of charge at: http://earnings-review.com/4696-JLIF-11Jul2014.pdf =============== EDITOR'S NOTES: =============== 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] earnings-review.com. 5. For any urgent concerns or inquiries, please contact us at compliance [at] earnings-review.com. 6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] earnings-review.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Earnings Review, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Earnings Review in this article or report according to the procedures outlined by Earnings Review. Earnings Review is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Earnings Review makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Earnings Review is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Earnings Review whatsoever for any direct, indirect or consequential loss arising from the use of this document. Earnings Review expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Earnings Review does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.  Earnings-Review.com  Contact: Adam Redford, +852-8191-3972  
Press spacebar to pause and continue. Press esc to stop.