- APQ Global remains confident of delivering a 6% yield, supported by solid capital growth.

The group said that at the turn of the year, it was preparing for potentially volatile markets as the world adapted to the watershed events of 2016.

But it said that six months in, however, these events had had less of an impact than many anticipated.

Chief executive Bart Turtelboom said: "Despite rhetoric to the contrary, Trump's administration has so far failed to make good on many of his election pledges and the results of European elections post Brexit and the Italian referendum have on the whole been very sensible.

"While markets globally seem to be faring quite well in the year-to-date, it is emerging markets that are once more leading the pack, both in equity and debt markets.

"Emerging markets have been boosted in particular by a strong performance in a number of individual economies, a weakening US dollar and strong liquidity.

"Of course, new challenges have now come to the fore - namely the growing risks arising from the tensions in the Gulf and the muscle-flexing displays of North Korea.

"However, despite these tensions and challenges, there are very specific opportunities to be had across emerging markets and at APQ, we are well positioned to identify these to deliver our shareholders stable income.

"In this mid-year review, our recently strengthened International Advisory Council takes the opportunity to share their views and discuss the investment opportunities they have identified from regions such as Sub-Saharan Africa to Mongolia and Nigeria.

"Looking at our own performance as a company, we are pleased to confirm that our second quarterly dividend of 1.5p will be paid in the coming weeks. Our liquid portfolio is largely unchanged and our sizeable hedge on rates is serving us well.

"Looking forward, we remain confident of delivering a 6% yield, supported by solid capital growth.

"We are excited by some new strategic opportunities that we intend to pursue as we enter the second half of the year and will share more information on these in due course."

At 8:17am: [LON:APQ] APQ Global Ltd share price was 0p at 103p

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