Analyst advises caution for Schroder Venture

By Jenne Mannion Investors should hold off buying Schroder Ventures International investme...

By Jenne Mannion Investors should hold off buying Schroder Ventures International investment trust in the short term, however it should be a strong performer over the long term according to Alan Ray, investment trust analyst at Credit Lyonnais Securities Europe. "There is no long-term beef with SVI, but in the short term I'm cautious about the venture capital market in general," Ray said. The Schroder Ventures International saw its net asset value fall by 2.57% over the six months to the end of December, but this compared favourably to the 8.4% fall in the FTSE World Ind...