RIT Capital says risks ahead are glaring and global
Investment trust RIT Capital reported a 2.1% increase in diluted NAV per share from 1 October 2011 to date but it cautioned that, despite recent market rises, the firm remains mindful that the risks ahead are 'glaring and global'.
Investment trust RIT Capital reported a 2.1% increase in diluted NAV per share from 1 October 2011 to date but it cautioned that, despite recent market rises, the firm remains mindful that the risks ahead are 'glaring and global'.
Diluted net asset value per share rose to 1,190.7p at 31 January and most recently NAV rose to 1,202.6p.
Chairman Lord Jacob Rothschild warned back in November that the firm had experienced some of the most torrid markets seen in his lifetime.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
RIT's investment policy remains mindful of the view that "... the risks ahead are glaring and global," it said in today's company statement.
The investment trust also said that internally managed quoted equity now contributed 15.1% of NAV, compared to 11.6% at September 30, 2011.
Share of the London listed fund fell 1p to 1,234.00p at 10am local time.
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
8 of the best houses for sale with annexes
The best houses with annexes – from a period property in the Lake District to a 13th-century house with a two-bedroom annexe in Saltwood, Kent
By Natasha Langan Published
-
Zelenskyy moves to appease Donald Trump – what happens now?
Ukraine’s president Volodymyr Zelenskyy is conceding ground to secure the least-worst deal possible, says Emily Hohler
By Emily Hohler Published