abrdn private equity trust share price struggles

NAV performance holds up

Kathleen Gallagher
clock • 2 min read

The £1.1bn abrdn private equity opportunities trust experienced net asset value growth in the year to end of September 2022, however, public sentiment hindered its share price performance, leading it underperforming its benchmark.

In the annual report published Tuesday (31 January), the trust said for the 12 months to the end of September 2022, APEO experienced a NAV total return of 14.1%, with the valuation of the underlying portfolio increasing 10.5%. However, "deterioration in public market sentiment" led the share price to fall 15.1% during the period, underperforming the FTSE All-Share index, which was down 4%. Smaller board and new manager for reformed JPM Russia portfolio As a result of the contrast between the two, the NAV on the trust widened to 45.6% at the end of September, and ranged between 11.2...

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