4th Sep 2014 11:53
LONDON (Alliance News) - Weiss Korea Opportunity Fund Ltd Thursday said it outperformed its benchmark index over the first half of its financial year.
In a statement, the closed-ended investment company managed by Boston-based Weiss Asset Management LP said its net asset value per share increased to 131.83 pence, from 106.98 pence, an increase of 23.23%. The reference MSCI Korea 25/50 Capped Index increased by 0.75% in pounds sterling over the same period.
The company's share price generally maintained a premium to NAV, the company said.
Weiss Korea Opportunity Fund shares were Thursday flat at 141 pence.
By Samuel Agini; [email protected]; @samuelagini
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