The trust’s discount narrowed from 13.8% to 10.4% in the six months to 30 September, as it repurchased £53.6m in shares, one of the largest in the listed alternative assets space.
It is now sitting at a 9.8% discount, according to data from the Association of Investment Companies.
Hipgnosis Music Limited takes SONG and Mercuriadis to High Court
The trust’s interim results, released today (24 November), revealed that net asset value had grown by 3.3%, while its share price rose 7.9%.
The gains to NAV came entirely from interest income, with a gain of 5.17p in NAV per share, while…
