Overview
Caledonia Investments‘ numbers for the year ended 31 March 2014 show a 14.9% total return on net asset value. The dividend was increased from 47.2p to 49.1p. Notable transactions in the portfolio included the disposals of Amber Chemicals and Oval, the insurance broker, and the acquisition of Park Holidays and Choice Care Homes. Notable contributors to the performance of the company include Polar Capital, the fund manager; Quintain Estates, property company; and Close Brothers plus the two disposals of unquoted holdings referred to above.