Voya Asia Pacific High Dividend Equity Income Fund T.IAE

Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in approximately 60-120 equity securities and will select securities through a bottom-up process that is based upon quantitative screening and fundamental analysis. Voya Investments, LLC is an investment adviser of the Fund.

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Voya Asia Pacific High Dividend Equity Income Fund > Artemis says offer was "disappointing"

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Post by zorgon1on Feb 06, 2017 12:05pm

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Post# 25804793

Artemis says offer was "disappointing"

Ithaca investor Artemis Investment Management said Delek's $524 million offer for the stake in the North Sea oil producer it does not already own was "disappointing", the second large investor to voice concern about the deal.

"Our first reaction is it's a lowball offer," Mark Niznik, co-manager of the Artemis UK Smaller Companies Fund, told Reuters. The fund holds about 5 percent of Ithaca.

He said the offer failed to capture the potential of Ithaca's Greater Stellar field which is set to come on stream in the coming weeks.

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