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IN BRIEF: JPMorgan Global EM reports "poor" first half performance

6th Apr 2022 15:27

JPMorgan Global Emerging Markets Income Trust PLC - London-based investment trust - Gains on investments in the six months to January 31 falls 69% to GBP26.2 million from GBP83.8 million the previous year.

Pretax return drops 66% to GBP29.8 million from GBP88.4 million. Net assets at January 31 rises 3.5% to GBP471.1 million from GBP455 million at the same time the previous year. Net asset value per share at January 31 increases to 158.5 pence from 153.1p. Says company performed "poorly" for investors in the first half.

Current stock price: 133.30 pence, down 1.3%

12-month change: down 8.7%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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