Perpetual's shares make a comeback

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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...

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