|Property||Resources - Mining|
|Resources - Oil & Gas||Technology|
|UK Commercial Property Trust||F&C Managed Portfolio Trust|
|Custodian REIT||Target Healthcare REIT|
|Blancco Technology Group||Collplant Holdings|
To achieve long term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan, Australia and New Zealand (the "Asia Pacific Region"). Up to 20% incorporated and/or listed outside the Asia Pacific Region if economic activities are predominantly within the Region, The Board has set a current limit for single investment of 7.5% of total assets at the time of investment.
Pacific Rubiales is a Canada-based oil and gas company with activities focused in Colombia's heavy crude Llanos basin. In 2012 it reported production of 98kboe/d, 2P reserves of 514mmboe and operating netbacks of US$60/boe.
Palace Capital is an AIM-quoted property investment company focused on commercial real estate in the UK outside London. The portfolio is diverse, with the largest weighting in offices. Management aims to increase capital value and provide a sustainable and growing income stream.
Palm Hills is a developer of residential property in Greater Cairo and Egypt's Mediterranean and African Red Sea coasts aimed at high- and middle-income buyers. It has a 60% share in a JV with Accor, which owns three hotels in Egypt, a country club in West Cairo and an undeveloped land bank including acreage in Saudi Arabia.
Papillon is a junior gold explorer that is advancing the Fekola Gold Project in Mali, West Africa. The recent MRE delineated 3.1Moz of gold at Fekola and points to significant further exploration upside at Fekola and the company's other licence areas.
Parex Resources is engaged in oil and gas exploration and production in Colombia and Trinidad. It holds interests in 23 exploration blocks with assets in Llanos Basin and Magdalena Basins of Colombia and onshore Trinidad and Tobago.
PartyGaming is the world's leading listed online gaming business. It offers poker, casino games, sports betting, bingo, backgammon and other games on its Party branded platform and through alliances with blue chip companies such as ITV. It does not accept bets from US customers.
Patrizia is a fully integrated real estate investor and service provider, offering direct and indirect investment services across all real estate asset classes in Germany and Europe. AUM is in excess of â‚¬13bn.
Paysafe Group is a global payment solutions specialist operating in three areas: payment processing, digital wallets and prepaid services.
Pendragon is the largest UK motor distributor, operating 276 franchises spread across a comprehensive range of volume and luxury cars. The group is also engaged in commercial vehicles, leasing, vehicle parts and dealership management software. It also operates a small dealership chain in California.
Perform Group owns one of the largest portfolios of digital sports rights in the world. It monetises those rights through content distribution to business customers worldwide, advertising, sponsorship and subscription. It also provides technology and production services.
Petards's core activity is the provision of specialist solutions involving security, surveillance and defence technologies.
Petroceltic (PCI) is an AIM and Dublin-listed E&P with assets in Egypt, Bulgaria and Algeria. Its flagship project, the Ain Tsila gas project in Algeria, is approaching FID in 4Q15 and should start up in Q418. PCI is also exploring in Egypt and Italy.
Petromanas Energy operates in Albania, where it holds a 100% interest in Blocks D and E and a 25% interest in Blocks 2 and 3, with Shell agreeing to farm in to 75%. It also holds exploration assets in Aquitaine, France, and AustraliaÃ¢â‚¬â„¢s Canning Basin.
Peter Hambro Mining’s principal assets are in the Amur region of Russia, comprising the Pokrovskiy mine and associated operations, Pioneer and Malomir. The company was founded in 1994 and listed on AIM in 2002.
PharmaMar is a Spanish biopharmaceutical group with a core focus on the development of marine-based drugs for cancer. Yondelis is approved in the EU and US, and partnered with Janssen (J&J) in the US and Taiho in Japan.
Pharming, a Dutch company listed on Euronext, has focused on Ruconest/ Rhucin for angioedema, a rare hereditary disease. Ruconest is EU marketed by Sobi. In the US, a Phase III with partner Santarus is concluding. US kidney rejection trials have started.
Photocure specialises in photodynamic therapy. Its bladder cancer imaging product is sold as Hexvix in Europe and Cysview in the US. Photocure handles the marketing in Nordic countries and the US, while Ipsen is its marketing partner in the EU.
Pilot Gold was founded with the Fronteer projects not acquired by Newmont in 2011. It has a diversified portfolio of exploration projects in Turkey and Nevada and is led by the team that built Fronteer.
Piteco is Italy’s leading company in designing, developing and the implementation of software for treasury, finance and financial planning management.
Pixium is a French medical device company developing retinal implants for patients with complete vision loss. Its lead product Iris is an epi-retinal implant scheduled for CE mark approval in mid-2016; a sub-retinal implant (Prima) is in pre-clinical.
Plastics Capital is a plastics products manufacturing business, focused on proprietary products for niche markets.
Plaza Centers is an emerging markets developer and redeveloper of shopping and entertainment centres. It has been present in Central & Eastern Europe (CEE) since 1996 and India since 2006, developing 33 shopping centres in capital cities and regional centres, 26 of which have been sold to international investors.
PLX Technology is a fabless semiconductor company and the leading supplier of PCI Express connectivity products to enterprise data centers. It is based in California's Silicon Valley.
Po Valley Energy (PVE) is an ASX-listed oil and gas company with an operational focus on Italy and in particular the Po Valley region in the north of the country.
PCGH’s investment objective is to generate dividend income and capital growth by investing in a global portfolio of healthcare stocks. The company’s performance is evaluated with reference to the MSCI All Countries World Index/Health Care Index in sterling adjusted total return terms.
Polymetals Mining is an ASX-listed junior gold and base metals producer with operations in South Australia, development projects in New South Wales and advanced exploration activities in Western Australia. The company has established a track record of delivering quick start-up, profitable resource projects.
Porvair designs and manufactures specialist filtration products. Its target markets are aviation, energy and industrial processes, environmental laboratories and non-ferrous metal processing.
Powerflute is a holding company established to acquire and improve underperforming businesses and assets in the broadly defined international paper and packaging sector.
Praesepe is the largest UK high street gaming venue operator with 96 owned high street venues and a further 75 under management, four seaside arcades, six bingo clubs, and a small online operation.
Premier Oil is an exploration and production company. Its principal interests are located in Vietnam, Indonesia, Pakistan and the UK, with additional exploration operations in Congo, Egypt and Norway.
President is a South-American focused E&P with assets in Paraguay, Argentina, the US and Australia (non-core). With a strong board and prospective assets, we expect material newsflow in 2013 and 2014.
Prima's pipeline is based on three products using a LAG-3 immune control system: IMP321 for cancer chemo-immunotherapy and partnered products IMP731 (GSK) and IMP701 (Novartis). Ph II asset CVac is an autologous dendritic cell vaccine.
Probability is a leading, fully integrated, pure mobile phone gambling company, offering casino and bingo games to around 200,000 registered customers using proprietary software and its own e-wallet.
Prodware sells and integrates its own and third-party software to SMEs across Europe. Its software products mainly sit on top of ERP and CRM platforms from Microsoft. It also has networks, hosting and security operations.
ProPhotonix is a designer and manufacturer of LED light engines and laser diode modules with operations in Ireland and the UK.
Proteome Sciences is a protein biomarker contract research organisation. It has a broad patent portfolio covering isobaric mass-tagging in mass spectrometry and biomarkers for various neurological and oncology indications.
Prudential is an international financial services company, focused on life assurance and asset management, with total AUM of Â£363bn as at 30 June 2012. Headquartered in London, it has significant operations in Asia, the US, and the UK.
Psion designs and sells ruggedized mobile computers, which are used by field workers and in supply chain and logistics functions.
Public Service Properties Investments is a specialist real estate investment and financing company. Its main focus until recently has been on the expansion of its UK portfolio of care homes, which make up the majority of the value of its portfolio.
Pura Vida is an ASX-listed E&P with assets in Gabon, Morocco and Madagascar.
PureCircle produces and markets Reb A, a high-purity, natural sweetener for the food and beverage industry with 200-400 times the sweetness of sugar. It is likely to be used to reduce the sugar content of food products especially drinks. Production is in China, South-East Asia and South America with PureCircle owning its own extraction and refining plants and supplying food manufacturers direct.
PV Crystalox Solar is a manufacturer of multicrystalline silicon ingots and wafers.
PXP Vietnam (VNF) is a closed-ended investment company, registered in the Cayman Islands and listed on the LSE. It seeks long-term capital growth through investment in listed (and sometimes pre-listed) Vietnamese equities, whether established with domestic or foreign ownership. There is one class of ordinary shares, traded and settled through CREST as depository receipts.
Pacific Edge develops and sells a portfolio of molecular diagnostic tests based on biomarkers for the early detection and management of cancer. Tests utilising its Cxbladder technology for detecting and monitoring bladder cancer are sold in the US, New Zealand and Australia.
PAION is an emerging specialty pharma company developing anaesthesia products. Its lead product, remimazolam, is partnered with Yichang in China, Hana Pharma in S Korea, Cosmo in the US, Pendopharm in Canada and R-Pharm in CIS, Turkey and MENA.
Paladin Labs is a specialty pharmaceutical company focused on in-licensing Canadian rights to approved pharmaceuticals or late-stage drug candidates and marketing them in the Canadian market. The firm secured a 45% stake in Litha in July to increase access to South African market.
Pan African has seven major assets in South Africa: Barberton, the Barberton Tailings Retreatment Project, Evander, the Evander Tailings Retreatment Project, Elikhulu, Phoenix Platinum and Uitkomst.
Panmure Gordon provides corporate and institutional investment banking and stockbroking services in the UK (Panmure Gordon UK) and US (ThinkEquity), and has a representative office in Switzerland.
NAP operates the Lac des Iles palladium mine in Ontario, Canada, which has been operating since 1993. The operation is currently undergoing an expansion, which aims to fulfil the group's strategy of becoming a low cost, mid-tier precious metals producer.
paragon designs and manufactures advanced automotive electronics solutions as a direct supplier to the automotive industry. Products include: sensors, acoustics, cockpit, electromobility and body kinematics.
Park Group is a financial services business. It is one of the UK’s leading multi-retailer gift voucher and prepaid gift card businesses, focused on the corporate gift and consumer markets. Sales are generated via e-commerce, a direct sales force and agents.
Patheon is a Canadian company providing contract manufacturing outsourcing (CMO) services and pharmaceutical development services (PDS) to the pharma industry. It has a 5% and 9% market share in these industries, which account for 81% and 19% of revenues respectively.
Patsystems offers software solutions and the related infrastructure to support electronic trading in the derivatives market.
PDL has reinvented itself through a three-pronged strategy: investing in royalty streams of marketed and development-stage therapeutics and providing high-yield debt financing to device & diagnostic companies with near-term product launches.
Pebble Beach Systems Group (formerly Vislink) is a software business providing channel delivery and content management systems for broadcasters, service providers, and cable and satellite operators. Its products are used in over 70 countries.
Pennon is an environmental infrastructure company which is made up of Waste & Wastewater businesses (Regulated UK water companies South West Water and Bournemouth Water) and Waste Recycling & Recovery (Viridor). Underlying group revenue in the year to 31 March 2016 was Ã‚Â£1,352.3m.
Pericom Semiconductor is a fabless semiconductor supplier of high performance connectivity and timing products. It is based in California's Silicon Valley.
Petrel Energy is an Australia-based petroleum exploration, development and production company with projects in Uruguay, Spain and Canada. It is focused on appraisal of its Uruguayan unconventional assets and near-term drilling of its southern Spain gas discovery.
Petrofac is an oil services business established in 1981 in Texas. Its biggest business is onshore, lump sum oil and gas construction projects but it also has growing businesses offshore, and in improving production rates for fields owned by national oil companies.
Petrominerales is a Canadian-based exploration company with operations in Colombia, Peru and Brazil. Main oil producing assets are located in the Llanos Basin, in Central Colombia. New initiatives are expected to tap into unconventional assets in Brazil and Colombia.
Pharmaxis is an Australian speciality pharmaceutical company focused on the R&D and commercialisation of drugs for respiratory diseases. Pharmaxis's key product is Bronchitol. It has one currently marketed product (Aridol: asthma/COPD assessment) and two core R&D assets.
Phoenix Solar is a photovoltaic system integrator with global operations. It develops, plans, builds and operates photovoltaic plants and systems up to the multi-mega watt range. It is also a specialist wholesaler of complete solar power systems (which it helps design), solar modules and accessories.
Phylogica is a drug discovery company with a proprietary technology platform based on naturally derived Phylomer peptides. Its business model centres on drug discovery collaborations with pharma partners, including Roche, MedImmune, Pfizer and Janssen.
A group engaged in the provision of studio and related services to the film and television industries.
PixelWorks is a fabless semiconductor supplier of video processing technology for projectors, televisions and other displays. It is based in California's Silicon Valley.
Platmin Limited is a mineral exploration and development company with listings on both the TSX and AIM. Platmin’s exploration and development efforts are focused on platinum group metals (PGMs) in the Bushveld Complex of South Africa.
Pluristem is a biotech company, headquartered in Israel, focused on the development of cell-based therapeutics derived from placenta. The company is advancing PLX-PAD for critical limb ischemia (CLI) with a Phase III study on hip fracture. PLX-R18 is being advanced for acute radiation syndrome and hematopoietic cell transplant.
Pointer Telocation (PNTR) is a leading provider of MRM services and products to the automotive and insurance industries. Key services are asset tracking, fleet management and monitoring goods in transit/IoT. Its main markets are Israel, Brazil, Argentina, Mexico and Europe.
PolyMet Mining Corporation is a junior mining company focused on developing the 100% owned copper-nickel-precious metals property in Minnesota. We look for it to secure its environmental permit by Q414 and complete construction by Q116.
Polypipe is one of Europe's largest and most innovative manufacturers of plastic piping systems for the residential, commercial, civils and infrastructure sectors by revenue. The recently acquired Nuaire business is a leading designer and manufacturer of energy efficient ventilation systems for the residential, commercial and industrial sectors in the UK. The Group operates from nineteen facilities in total, and with over 20,000 product lines, manufactures the United Kingdom's widest range of plastic piping systems for heating, plumbing, drainage and ventilation. The Group primarily targets the UK, French and Irish building and construction markets with a presence in Italy and the Middle East and sales to specific niches in the rest of the world.
PowerHouse Energy Group is an alternative energy company specialising in the sale of waste to energy systems. It acquired complete control of Pyromex Holding, a developer of novel UHTG technology, in August 2013.
PPHE Hotel Group (formerly Park Plaza Hotels) is an integrated owner and operator of four-star, boutique and deluxe hotels in gateway cities, regional centres and select resort destinations, predominantly in Europe.
Premier Farnell is a distributor of mechanical, electrical and electronic components to customers in industry. Originally formed from the merger of Farnell in the UK and Premier in the US, it now operates in 32 countries.
Prescient Therapeutics (previously Virax) is an ASX-listed biotechnology company focused on developing novel products for the treatment of cancer. It has two products, PTX-100 and PTX-200 in clinical development for a range of cancers.
Primary Health Properties is a long-term investor in primary healthcare property in the UK and, recently, Ireland. Assets are mainly long-let to GPs and the NHS or the HSE, organisations backed by the UK and Irish governments respectively.
Probiodrug is a biopharma company developing its clinical pipeline for the treatment of Alzheimer’s. Lead product candidate, PQ912, has entered Ph IIa. PQ912 is a small molecule inhibitor of QC, which is essential for the formation of pGlu-Abeta. Two further products are in preclinical stages.
ProMetic Life Sciences is an international biopharmaceutical business, comprised of a group of companies focused on developing ligand-based technologies and therapeutics.
Prosensa is a Dutch company that listed on NASDAQ in June 2013. It develops therapeutics for specific genetic disorders. The most advanced product, drisapersen, is for Duchenne muscular dystrophy. It has a pipeline and development experience in these difficult diseases.
Provexis is a developer of technologies for the functional food, medical food and dietary supplement sectors, and is repositioning itself as a pure discovery, development and licensing business.
PSI develops and integrates software control systems focusing on three main segments: (1) Energy Management delivers intelligent utility solutions for electricity, gas, oil and water; (2) Production Management supplies software for production planning, control and logistics; and (3) Infrastructure Management provides solutions for monitoring and operating critical transport, public safety, environmental and disaster-prevention infrastructures.
Pure Wafer reclaims test silicon wafers so that they may be used again for checking the correct calibration of processes during semiconductor manufacturing. Pure Wafer has manufacturing sites in the UK and the US, serving global semiconductor manufacturers in North America, Europe and Asia.
Pursuit Dynamics is a technology company that exploits IP based around the dynamics of fluid flows when under pressure. It has identified several industries where it can use this technology to improve process efficiency.
PVA TePla offers systems for the production and refinement of high quality materials such as hard metals, semiconductors and silicon. These complex processes typically take place in vacuum conditions, in inert gas atmospheres, at high temperatures or using high temperature plasma.