19th May 2014 15:45
LONDON (Alliance News) - Pacific Horizon Investment Trust PLC Monday said it underperformed against its benchmark in the three months ended April 30.
The Asia-Pacific and Indian Sub-continent focused investment company said its net asset value fell 0.6% to 181.21 pence during the period and its share price increased 2.1%.
However, the company said it underperformed against its benchmark, the MSCII All Country Asia ex Japan Index, which increased 2.5% during the period.
Pacific Horizon shares closed up 0.6% at 169 pence Monday.
By Tom McIvor; [email protected]; @TomMcIvor1
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