IN BRIEF: JPMorgan Emerging net asset value falls but optimistic
30th Sep 2022 14:50
JPMorgan Emerging Markets Investment Trust PLC - FTSE250-listed investment trust - Cites lower inflation in some emerging economies compared to Western economies as reason for optimism as net asset value falls. Net asset value per share at June 30 falls 18% to 117.0 pence from 143.0p a year ago. Total return of portfolio is negative 17%, underperforming against its benchmark, MSCI Emerging Markets index, which returned negative 15%. Read More