|Property||Resources - Mining|
|Resources - Oil & Gas||Technology|
|Formycon||UK Commercial Property Trust|
|F&C Managed Portfolio Trust||Custodian REIT|
|Target Healthcare REIT||Volt Resources|
|Polypipe||Blancco Technology Group|
Jackpotjoy plc (JPJ) (formerly The Intertain Group) is a leading online gaming operator mainly focused on bingo-led gaming targeted towards female audiences. About 78% of revenues are generated in regulated markets. It moved its listing from the TSX (IT:TSX) to the LSE in January 2017.
James Hardie is a global leader in fibre cement building products. 75% of sales are to the US market, with 20% of sales to Australia. Its main product is external cladding, which is applied to frame-constructed buildings. JH's heritage is Australian and its head office is in Dublin. It is quoted in Australia and the US, and reports in US dollars.
JRIC is a specialist investor in rented Japanese residential property. It owns a freehold portfolio of over 2,700 apartments, comprising mainly newer buildings located in major metropolitan areas with ready access to train or subway stations.
Jersey Electricity is the monopoly supplier of electricity to the island of Jersey. It also operates businesses in retail, property and business services on the island.
John Laing is an originator, active investor in, and manager of greenfield infrastructure projects. John Laing operates internationally and its business is focused on the transport, energy, social and environmental sectors.
Johnson Service Group operates three divisions: Textile Rental, Dry-cleaning and Facilities Management.
JPB’s investment objective is to provide long-term total returns, predominantly comprising capital growth but with the potential for income by investing primarily in Brazil-focused companies.
JGCI seeks to generate dividend income combined with the potential for long-term capital growth by investing in a globally diversified portfolio of convertible securities and other suitable instruments exhibiting convertible or exchangeable characteristics. The company targets an initial gross dividend yield of 4.5% reflecting the opportunity the manager sees to generate income, particularly in the high-yield sub-sector. The dedicated convertibles team at JPMorgan Asset Management will follow a well-developed process that combines equity and credit selection techniques. The MSCI World index is the reference index. Currency exposures for capital and income will be hedged.
The trust seeks long-term capital appreciation through investments in India or in companies that earn a material part of their revenues in India. The company will not invest in other countries of the Indian sub-continent or Sri Lanka. The trust aims to outperform its benchmark, the MSCI India index expressed in sterling. The company does not pay dividends, reflecting its focus on capital appreciation and the low average yield available in the Indian equity market.
Launched in 1985 as a specialist boutique, Jupiter Fund Management’s shares were listed in June 2010. Assets are managed for private and institutional investors across a wide range of UK and offshore mutual funds, multi-manager products, hedge funds, institutional mandates and investment companies.
Jupiter UK Growth Investment Trust aims to achieve capital appreciation by holding predominantly listed investments. It invests in a concentrated portfolio made up of the manager’s best ideas from any sector, with typically a bias towards FTSE 100 stocks. The trust was known as Jupiter Global Trust from November 2015 until April 2016 and was previously Jupiter Primadona Growth Trust. It adopted its new name, fund manager, investment strategy and FTSE All-Share benchmark on 18 April 2016.
JZ Capital Partners Limited (JZCP) is a closed-ended investment company that seeks to create a portfolio of investments in businesses in the US and Europe, providing a superior overall return, comprised of a current yield and significant capital appreciation. It invests in eight sectors using strategies including micro-cap buyouts, mezzanine loans and second lien loans.
James Fisher is a specialist marine services group, frequently operating in demanding environments, where the skill base can be used to deliver above-average returns. 83% of revenues are generated overseas.
Jameson Resources is focused on the exploration and development of coking coal projects in the Elk Valley coal field (Crown Mountain project) and in the Peace River coal field (Dunlevy) in British Columbia.
JD Sports Fashion is the leading retailer and distributor of branded sportswear and fashion wear in the UK. It has over 750 stores in the UK (including recently acquired Blacks stores), 28 in the Republic of Ireland, 79 in France and 49 in Spain.
Jenoptik is an integrated optoelectronics group and supplier of high-quality capital Goods with global operations. 42% of H114 revenues were from sales of lasers, material processing and optical systems, 30% from industrial metrology and traffic enforcement systems, and 28% from defence and civil systems.
JKX Oil & Gas is an exploration and production company. Its principal interests are located in Ukraine and Russia, with additional interests in Georgia, Bulgaria, Hungary, Slovakia, Turkey and the US.
Johnson Matthey is a speciality chemicals company focusing on catalysis, precious metals, fine chemicals and process technology.
JPEL has four securities in issue (all LSE listed): US$-denominated ordinary shares, sterling denominated 2013 ZDPs, sterling-denominated 2015 ZDPs and US$-denominated warrants. JPEL can borrow up to 20% of adjusted total capital and reserves and has a $150m multicurrency credit facility with LloydsTSB for this purpose. Management fees are payable monthly in arrears at a rate of 1.0% pa on the company's total assets. A performance fee is payable if the aggregate NAV of equity and ZDP shares at year end exceeds the aggregate NAV at the start of the year, by more than an 8% hurdle rate, subject to a high watermark. The performance fee is equal to 7.5% of the increase in the aggregate NAV above the hurdle rate. The life of the company is indefinite.
JESC's investment objective is to achieve capital growth from a diversified portfolio of listed shares in European ex UK Smaller Companies. Liquidity and borrowings are actively managed (investments 80-120% of net assets) with a view to enhancing returns to shareholders. JESC's investment policy emphasises capital growth, rather than income, and so the dividend is expected to vary from year to year. JESC is benchmarked against HSBC Smaller European Companies (ex UK) Total Return Index in sterling terms.
JPMorgan Global Growth & Income (JPGI, formerly JPMorgan Overseas IT) aims to achieve capital growth from world stock markets, by holding a diversified portfolio of investments in which the portfolio manager has a high degree of conviction. Following a change in its distribution policy in July 2016, it also aims to pay a dividend equivalent to at least 4% of NAV at the preceding year-end, announced at the start of the year to give visibility of income.
Jungheinrich is a leading international supplier of materials handling equipment, warehousing technology and material flow technology. Its main production base is in Germany, but it has a plant in China and sales and service operations worldwide.
Jupiter Green Investment Trust (JGC) seeks to achieve capital growth by investing in companies that provide solutions to environmental challenges.
Jupiter US Smaller Companies PLC is a United Kingdom-based investment company. The Company's investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted United States smaller and medium-sized companies. The Company invests in various sectors, such as consumer discretionary, consumer staples, energy, financial services, healthcare, materials and processing, producer durables, technology and utilities. Jupiter Unit Trust Managers Limited is the manager of the Company.