|
Oakley Capital Investments Ltd on Wednesday reported a decline in net asset value in the third quarter of the year, citing currency headwinds. Oakley Capital Investments provides access to the private equity investments of manager Oakley Capital. The company said net asset value per share rose 2.1% to 693 pence as at September 30, from 679p a year ago. Total NAV return per share was minus 2% since June 30, compared to plus 2.5% a year ago, driven by the foreign exchange hit. Oakley Capital highlighted that its ‘robust portfolio performance’ was ‘offset by currency headwinds.’ The company had £28 million of new investments in the third quarter, up 22% from £23 million a year prior. Oakley Capital shares were 0.2% higher at 501.00p each on Wednesday morning in London. Copyright 2024 Alliance News Ltd. All Rights Reserved.
|
