In QuotedData’s other news 1 October 2019:
- Genesis Emerging Markets (GSS) reported annual results covering the year to 30 June 2019. The shares delivered a total return of 11.1% while the NAV was up 9.0%. The fund benefitted from opportunities arising from market weakness at the end of 2018 and into early 2019, with several new positions, particularly in China, contributing substantially to relative performance. Further value was derived from a broad range of positions across the markets of Brazil, India, Thailand and Indonesia, with notable gains generated in three sectors – financials, consumer and IT.
We also have stories on interim results from Pacific Assets, and potential ordinary share placings from Central and Eastern Europe-focused Globalworth Real Estate and Foresight Solar.