Seneca Global Income & Growth PLC Cantor Fitzgerald research on Seneca Global Income
July 04 2018 - 4:57AM
RNS Non-Regulatory
TIDMSIGT
Seneca Global Income & Growth PLC
04 July 2018
Seneca Global Income & Growth Trust plc
To: RNS
From: Seneca Global Income & Growth Trust plc
LEI: 213800OQTUSRFDIL9L29
Date: 4 July 2018
Updated Research by Cantor Fitzgerald on Seneca Global Income
& Growth Trust plc
Seneca Global Income & Growth Trust plc (SIGT) has generated
equity-competitive risk-adjusted returns alongside an attractive
dividend yield from applying Seneca's multi-asset value investing
approach. This has helped SIGT to sustain its premium rating and
share issuance, with a visible pathway to reaching the GBP100m
market cap threshold. The tactical asset allocation has been
shifting away from equities, particularly within developed markets,
as the managers grow cautious of the maturing economic cycle. This
is consistent with the team's systematic approach to portfolio
management. Finally, there is the potential IPO of unquoted holding
AJ Bell, which represented c. 3.2% of assets as at 31 May 2018.
If you are a Relevant Person (as defined below) and have not
already received a copy of the research note (dated 19 June 2018),
please contact Cantor Fitzgerald Europe:
Richard Harris +44 (0) 20 7894 8229
Andrew Davey +44 (0) 20 7894 8646
Richard Sloss +44 (0) 131 257 4626
If you receive the research note, your attention is drawn to the
disclaimer at the end of the research note.
For further information please contact:
David Thomas Seneca Investment Managers Ltd 0151 906 2480
Important Notes
The research note to which this announcement refers has been
approved in the UK by Cantor Fitzgerald Europe solely for the
purpose of section 21 of the Financial Services and Markets Act
2000. In the UK, the research note is directed at and is for
distribution only to persons who (i) fall within Article 19(1)
(persons who have professional experience in matters relating to
investments) or Article 49(2)(a) to (d) (high net worth companies,
unincorporated associations etc.) of the Financial Services and
Markets Act 2000 (Financial Promotions) Order 2005 (as amended) or
(ii) are professional customers or eligible counterparties of
Cantor Fitzgerald Europe (all such persons together being referred
to as "Relevant Persons").
Cantor Fitzgerald Europe is authorised and regulated in the UK
by the Financial Conduct Authority.
This information is provided by RNS, the news service of the
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END
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