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IN BRIEF: Highbridge Tactical Credit Fund Net Asset Value Climbs

Fri, 25th Sep 2020 19:29

Highbridge Tactical Credit Fund Ltd - credit investment fund - Net asset value per share at June 30, end of first half, 6.3% higher at GBP2.2587 from GBP2.1233 at the end of December. "As the US economy commenced its reopening, equity markets have rallied and we have witnessed euphoric purchasing patterns for certain Covid-19 related risk. We will not engage in this euphoric buying, but instead maintain our discipline in taking advantage of market opportunities," Highbridge said.

Current stock price: 202.00 pence

Year-to-date change: up 9.8%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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