Today news
About the same in other media
Scottish Mortgage NAV dragged down by 11.3% average drop in private company valuations
Reading now: 971
investmentweek.co.ukIn its half-year financial results published today (8 November), the trust said its NAV grew by just 1.9% over the reported period, lagging its FTSE All-World benchmark, which gained 3.6%. The trust's results were impacted by a drop in the valuation of its private companies, which fell by around 11.3% on average. According to SMT, 96% of the companies in the trust's portfolio were revalued up to four times in the period, but said «continued market volatility has meant that recent pricing has moved much more frequently than during stable market conditions». Scottish Mortgage adds '...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Baby boomers and gen X are taking on more mortgage debt financialpost.com /3 days ago
Mortgage renewals wave set to drive delinquency rates up in 2025: CMHC globalnews.ca /3 days ago
Global headwinds and high valuations driving Indian markets lower: Shreyash Devalkar economictimes.indiatimes.com /4 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
