10th Jul 2014 12:46
LONDON (Alliance News) - JPMorgan Elect PLC Thursday said it significantly underperformed its benchmark in the last quarter, after its net asset value declined.
The company said its net asset value fell by 2.5% in the three months ended May 31, compared with 2.3% growth for its benchmark.
JPMorgan Elect shares were trading 0.7% higher at 554.90 pence Thursday afternoon.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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