RCS - India CapitalGrwthFd - Investment Companies Roundup Review – July 2020
RNS Number : 4214SIndia Capital Growth Fund Limited08 July 2020Investment Companies Roundup Review - July 2020
Investment Companies Sector Roundup
As part of our commitment to providing free investment research, we have just published our regular monthly update on the listed Investment Companies sector.
Content
· Performance - The ongoing re-opening of economies across the Asia Pacific region, is being met with greater flows into regional and country-specific strategies.
· Valuation moves - JPMorgan Brazil was one of June's best performers, in price terms. The Bovespa Index had its best quarter since 2003, in spite of Brazil being amongst the worst affected countries, by the pandemic.
· Corporate activity There was a net inflow of nearly £240m, led by renewables company, SDCL Energy Efficiency Income's, £110m placing.
· Major news stories - India Capital Growth received the backing it needed for continuation.
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