8th Jul 2020 10:31
(Alliance News) - Pantheon International PLC on Wednesday said it expects a slight rise in annual net asset value, outperforming one benchmark but falling short of another.
The investor said its net asset value at the May 31 year-end was 2,882.8 pence, up 4.0% annually from 2,770.6p.
Pantheon shares were 1.2% higher at 2,029.00p on Wednesday morning in London.
The 4.0% gain compares favourably to the FTSE All-Share Index which returned negative 11% during the period. Pantheon lagged behind the MSCI World Index which returned 7.4%, however.
"PIP made 44 new investments during the year to May 31, 2020, amounting to GBP244.5 million in commitments," the company added.
By Eric Cunha; [email protected]
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