28th Feb 2023 10:36
RIT Capital Partners PLC - invests across various asset classes, industries and currencies - Net asset value per share at 2022 year-end falls 15% to 2,388 pence from 2,794p in 2021. NAV share price return is negative 13%, largely in line MSCI All Country World Index. Lifts annual dividend by 5.0% to 37.0p per share from 35.250p. "2022 was one of the most difficult years for financial markets for more than a decade, and the first one in 150 years where US equities and government bonds both lost more than 10%," RIT says. "While these are challenging markets, we have managed through them before, and we remain confident that our approach is the right one for RIT's long-term performance and for our shareholders."
Current stock price: 1,929.44 pence
12-month change: down 22%
By Eric Cunha, Alliance News news editor
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