IN BRIEF: Hargreave Hale AIM VCT asset value hurt by pre-budget worry
26th Nov 2024 09:10
Hargreave Hale AIM VCT PLC - venture capital trust investing in AIM-listed stocks in London - Net asset value per share is 40.55 pence on September 30, down from 44.76p cum-dividend, for a negative 3.8% total return in the VCT's financial fourth quarter. Says fund outflows from UK equities continued during the final quarter of financial 2024. AIM, which had been on an improving trend early in 2024, fell after the UK general election was called, amid concerns about tax changes by a Labour government. These concerns grew ahead of the UK budget at the end of October. Read More