12.11.2015 - China and commodities the trust winners in October
Trusts such as New City Energy and Fidelity China Special Situations were key beneficiaries of a change in sentiment, found the report, with stronger NAV performance and a narrowing of the discount. Japan too was in vogue in spite of no announcement on policy change from the Bank of Japan: Aberdeen Japan saw some narrowing of its discount in response. Elsewhere, Alpha Pyrenees extended the maturity of its debt, which boosted the share price. Kuala announced more investments but now trades on a very high premium. Renewable Energy Generation bounced as its manager was linked to a bid for the company’s assets. Under fire, Electra Private Equity realised profits on the sale of Zensar and MIMS..............................................Full Article: Source
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