02.08.2016 - Commodities-focused trusts top Q2 performers
The best performing trusts in Q2 focused on commodities and natural resources, Vietnam and Latin America, according to QuotedData. Quoted Data does a quarterly report on investment companies listed in the United Kingdom, including performance figures on a price and NAV basis. This quarter was different in that it was affected by the major macroeconomic event of the Brexit vote. Several sectors, mainly property and UK mid & small cap were affected by the referendum, and private equity was one of the sectors that was hit the most. The median discount within the private equity sector moved from -25.34% on the day of the vote to -32.21% one week later...............................................Full Article: Source
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