RCS - Pacific Horizon - Annual Overview from QuotedData

Pacific Horizon Investment TrustAnnouncement

07/12/2023 13:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231207:nRSG0704Wa&default-theme=true

RNS Number : 0704W  Pacific Horizon Investment Tst PLC  07 December 2023

 

Pacific Horizon - Annual overview from QuotedData

7(th) December 2023

Consistent growth and quality growth

Despite the significant headwinds that have faced both Asia and growth
strategies during the last 12 months, Pacific Horizon's (PHI's) net asset
value (NAV) has held up so that its long-term track record of outperformance
versus peers (see pages 20 and 21) remains intact.

Its portfolio appears to continue to offer strong growth prospects, but it
still appears to be cheap when compared to its history.

With signs that interest rates have peaked, particularly in the US, there is
potential both for a rerating of its underlying holdings and a narrowing of
its above long-term average discount. The managers have been adding to China
to take advantage of what they believe is an extreme valuation opportunity.

Full Research:

https://quoteddata.com/research/pacific-horizon-consistent-growth-quality-bias-qd/
(https://quoteddata.com/research/pacific-horizon-consistent-growth-quality-bias-qd/)

This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
and factsheets on every London listed Investment Company. QuotedData writes
and distributes research on a number of quoted companies, facilitates meetings
between those companies and existing and potential investors and assists in
raising additional capital where required.

NB: Marten & Co was paid to produce this note on Pacific Horizon
Investment Trust Plc and it is for information purposes only. It is not
intended to encourage the reader to deal in the security or securities
mentioned in this report. Please read the important information at the back of
this note. QuotedData is a trading name of Marten & Co Limited which is
authorised and regulated by the Financial Conduct Authority. Marten & Co
is not permitted to provide investment advice to individual investors
categorised as Retail Clients under the rules of the Financial Conduct
Authority.

QUOTEDDATA

50 Gresham Street | London EC2V 7AY

Tel: +44 (0) 20 3691 9430

www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com
(mailto:research@quoteddata.com) | www.martenandco.com
(http://www.martenandco.com)

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRABDBDDSSGDGXR