Fidelity E.m.ld Share News (FEML)

Fidelity Emerging Markets falls behind benchmark in interim returns

(Alliance News) - Fidelity Emerging Markets Ltd on Monday said that it had achieved a modest net asset value return over the past half-year, though the company boasted of a share price return comfortably ahead of its benchmark.

TRADING UPDATES: Plant Health eyes Mexico Saori launch; NARF wins deal

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued this week and not separately reported by Alliance News:

UK shareholder meetings calendar - next 7 days

IN BRIEF: Fidelity Emerging taps Jefferies and JP Morgan for buybacks

Fidelity Emerging Markets Ltd - investment fund targeting long-term capital growth through exposure to emerging market companies - Engages Jefferies International Ltd and JP Morgan Cazenove as buyback agents to repurchase participating preference shares in London on its behalf, starting immediately and running until its annual general meeting on December 7. The investment fund doesn't provide a target size for the share buyback, though in its annual report, issued last month, it noted that its shares had ended its financial year on June 30 with a 14.6% discount to net asset value and that it has the ability to buy back up to 14.99% of its participating preference shares each year in order to manage the discount.

Fidelity Emerging beats benchmark index despite "difficult" backdrop

(Alliance News) - Fidelity Emerging Markets Ltd on Friday said it delivered a negative net asset value return in its latest financial year, but still outperformed its benchmark index despite a cocktail of economic and geopolitical headwinds.

IN BRIEF: Fidelity Emerging Markets Non-Executive buys 10,000 shares

Fidelity Emerging Markets Ltd - long-term capital growth from exposure to emerging market companies - Non-Executive Director Heather Manners buys 10,000 shares at GBP5.97 each, worth GBP59,700, in London on Monday. Manners is now interested in 10,000 shares.

TRADING UPDATES: Kropz agrees to ZAR285 million bridge loan facilities

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

IN BRIEF: Fidelity Emerging Markets NAV down; outlook uncertain

Fidelity Emerging Markets Ltd - long-term capital growth from exposure to emerging market companies - In the year ended June 30, swings to a pretax loss of USD501.5 million from a profit of USD493.3 million the previous year. Reports a net loss on investment of USD530.0 million, swinging from a gain of USD482.9 million the year prior. At June 30, net asset value per participating preference share is USD8.75, down from USD13.99 at the same time a year prior. Cites Russia's invasion of Ukraine as the most significant factor in the poor performance of emerging markets. Adds that the outlook for emerging markets remains uncertain.

EARNINGS REPORTS: PageGroup, Coats beat pre-virus levels in 2021

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Fidelity Emerging Markets lags behind interim benchmark

Fidelity Emerging Markets Ltd - long-term capital growth from exposure to emerging market companies - For the six months ended December 31, net asset value negative return is 9.3%, lagging behind the MSCI Emerging Markets Index, which makes a negative return of 7.4%.

TRADING UPDATES: Asia Dragon beats benchmark, Henderson Far East lags

TRADING UPDATES: Asia Dragon beats benchmark, Henderson Far East lags

IN BRIEF: Fidelity Emerging prices tender offer for preference shares

IN BRIEF: Fidelity Emerging prices tender offer for preference shares

IN BRIEF: Fidelity Emerging Markets notes results of tender offer

IN BRIEF: Fidelity Emerging Markets notes results of tender offer