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IN BRIEF: Riverstone Credit Diversifies Portfolio Amid Uncertainties

22nd Jan 2021 16:47

Riverstone Credit Opportunities Income PLC - investment firm - Says, as of the end of 2020, the unaudited net asset value per share, including net revenue for the quarter, was USD1.043. Says its portfolio continues to generate value for shareholders through a combination of current income and capital gains, despite a prolonged period of economic and commodity price headwinds. "As we realise additional positions going forward, we expect to further diversify the portfolio with an emphasis on investments that are well-positioned to capitalise on a post-coronavirus market environment," says Christopher Abbate and Jamie Brodsky, co-founders of Riverstone Credit.

Current stock price: 0.72 pence

Year-to-date change: up 3.6%

By Evelina Grecenko; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Riverstone Cred
FTSE 100 Latest
Value8,809.74
Change53.53