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European Assets Trust - Performance, income and a well-balanced portfolio

European Assets Trust - Performance, income and a well-balanced portfolio
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STAY Builds for Growth with Infor

STAY Builds for Growth with Infor Disruptive serviced apartments provider goes live on Infor HMS for luxury London property News provided by Share this article Share this article LONDON, March 3, 2021 /PRNewswire/  Infor today announced that luxury serviced apartments provider STAY has deployed Infor HMS property management system for its 169 apartment properties in Camden, London. The application will help deliver customer service excellence and provide a platform for new processes including flexible, contactless check-in. Following a thorough review of the market, Infor was chosen based on specific invoicing capabilities for the extended stay sector, deep domain expertise within the hospitality industry (including references with Fraser Suites) and the ease of integration with other systems.

European Assets Trust - High income and improving performance

European Assets Trust - High income and improving performance European Assets Trust (EAT) seeks to generate long-term capital growth by investing in a concentrated but diverse portfolio of small and medium-sized European companies. The trust has adopted a high distribution policy that pays a dividend of 6% of NAV as at the end of the preceding financial year. Managers Sam Cosh and Lucy Morris used the Q120 market sell-off to improve the quality of the portfolio and these changes are having a favourable impact on EAT s performance. In the six months to end-January 2021, EAT made positive absolute gains, returning 23.7% in NAV terms, and outperformed the benchmark, which returned 22.2%. The trust has consistently outperformed the UK market over the past 10 years.

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