By Jenne Mannion A rebound in the share price and net asset value performance of Perpetual Income...
By Jenne Mannion A rebound in the share price and net asset value performance of Perpetual Income & Growth has resulted from Mark Barnett, the manager, being heavily exposed to value sectors which made a comeback amid a turbulent market. Over the year to 7 March, the trust's share price has risen 38.7%, compared to the average in the UK growth and income investment trust sector of 25%, placing it fourth of 33 trusts in the sector. Over three years the trust's share price ranked 29th of 32 trusts, indicating the tough time it had when technology stocks were rallying. Currently however t...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes