British & American Investment Trust (BAF) has reported a total return of £2.0m for the year ended 31 December 2024, reversing a loss of £2.0m in 2023. Net assets increased by 31.9% to £6.0m, driven almost entirely by a strong recovery in the trust’s largest holding, US biotech company Geron Corporation. The trust’s net asset … Continue reading British & American rebounds in 2024, but warns of sharp NAV drop in early 2025