Australia''s best performing micro cap fund in 2021: Magnolia Capital

02:02am, Thursday, 03'rd Mar 2022 PR Newswire Asia (English)
SYDNEY , March 3, 2022 /PRNewswire/ -- Boutique investment and advisory firm Magnolia Capital has released its CY 2021 data that confirms its Magnolia Capital Emerging Companies Microcap Fund 1 ("the Fund") was the highest-performing microcap fund in Australia in the 12 months leading to December 2021 , when compared to other microcap funds listed on Morningstar. Magnolia Capital MD, CIO & Founder Mitchell Atkins The extremely high performance was driven by a dozen investments that returned significantly above the last 12 month returns , including the investment made in Telix Pharmaceuticals, Nimy Resources Ltd, Forrestania Resources Limited, Pancontinental Oil & Gas NL, and Prospa Group Ltd . The Fund has so far committed $50 million and has a target final close of $80 million , which Magnolia expects to achieve in the coming months. Uncharacteristically for an Australian actively managed fund, however, Magnolia has contributed 70 per cent of the funds under management (FUM) from its own balance sheet to date.
TORONTO, March 02, 2022 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1359 per share on its Common Stock. The
MASSAPEQUA, N.Y. , March 2, 2022 /PRNewswire/ -- Cedar Realty Trust (NYSE: CDR ) (the "Company") today announced that following its previously announced dual-track review of strategic alternatives, it has entered into definitive agreements for the sale of the Company and its assets in a series of related all-cash transactions: An agreement to sell a portfolio of 33 grocery-anchored shopping centers to a joint venture between a fund managed by DRA Advisors LLC and KPR Centers for $840.0 million . An agreement to sell the Revelry redevelopment project for $34.0 million . Cedar is negotiating the sale of the Northeast Heights redevelopment project for $46.5 million . (In the event the sale of the redevelopment projects is not completed prior to closing of the grocery-anchored shopping center portfolio sale, the DRA-KPR joint venture has agreed to acquire these two projects at the aggregate price of $80.5 million .) An agreement to sell the Company and its remaining assets to Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR ), after completion of the above-described transactions, in an all-cash merger transaction that values the assets at $291.3 million .
Hudson Bay Capital Management LP grew its position in Lennar Co. by 20.0% during the third quarter, according to the company in its most recent filing with the Securities and…

Here’s a Reason to Invest in Hyatt Hotels (H)

01:41pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Is Biogen (BIIB) A Great Long-Term Buy?

01:40pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Here’s Why Longleaf Partners Swapped Out its Comcast (CMCSA) Shares

01:39pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Is Liberty Broadband (LBRDA) A Smart Long-Term Buy?

01:38pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Is Coinbase Global (COIN) A Great Long-Term Investment?

01:37pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Is it Wise to Invest in Rivian Automotive (RIVN)?

01:36pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Is it Worthy to Invest in CNH Industrial (CNHI)?

01:28pm, Wednesday, 02'nd Mar 2022 Insider Monkey
Longleaf Partners Fund, a Memphis-based fund under Southeastern Asset Management, published its “Longleaf Partners Fund” fourth quarter 2021 investor letter – a copy of which can be downloaded …

Italy plans $4.5 bln fund to boost chipmaking

05:00am, Wednesday, 02'nd Mar 2022 Cyprus Mail
Italy plans to set aside more than 4 billion euros ($4.5 billion) until 2030 to boost domestic chip manufacturing and support innovative technologies, a draft decree seen by Reuters showed on Tuesday. The move comes as the government tries to convince Intel to spend billions of euros on an advanced…
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