19th Sep 2013 15:58
LONDON (Alliance News) - Henderson Global Trust PLC Thursday said its net asset value per share rose to 406.6 pence July 31, from 378.8 pence a year earlier.
The company said that equity markets have made progress over the past six months, however emerging economies were struggling as more developed countries gradually improved.
Although corporate balance sheets remained strong, the company said, it cautioned that the volatility of currency markets in emerging markets will need to be carefully observed.
Notwithstanding current headwinds, Henderson said, equities were benefiting from strong fund inflows that would continue to support equity markets.
Shares in the investment trust closed up 2.45% at 363.20 pence Thursday.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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