News Column

London Finance & Investment Net Asset Value Declines

June 17, 2014

Hana Stewart-Smith

LONDON (Alliance News) - London Finance & Investment Group PLC Tuesday said its net asset value per share had declined 7.9% since its half year ended December 31.

The company's net asset value declined to 42.7 pence as at May 31, from 46.4 pence at the end of December.

It said there had been no material changes to its portfolio during the period. The value of its portfolio rose 4.2%, behind the Eurofirst 300 index which rose 4.4%.

London Finance & Investment maintained a cautious outlook for the remainder of the year.

Shares in London Finance & Investment last traded up 3.0% at 34.50 pence.

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Source: Alliance News

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