Herald Investment Trust (HRI) generated strong positive returns in the first half of 2019, with marked outperformance by both its UK and US portfolios of their local market indices. Both a general market recovery and a recovery in global technology stocks have helped, but HRI’s UK and US portfolios have both benefitted from a wave of takeover activity, allowing HRI to lock in significant gains on these positions.
08 Oct 2019
Profits are only profits when they are realised
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Profits are only profits when they are realised
Herald Investment Trust PLC (HRI:LON) | 2,025 -607.5 (-1.5%) | Mkt Cap: 1,106m
- Published:
08 Oct 2019 -
Author:
Ed Marten -
Pages:
14
Herald Investment Trust (HRI) generated strong positive returns in the first half of 2019, with marked outperformance by both its UK and US portfolios of their local market indices. Both a general market recovery and a recovery in global technology stocks have helped, but HRI’s UK and US portfolios have both benefitted from a wave of takeover activity, allowing HRI to lock in significant gains on these positions.