With its recent results announcement, Standard Life Private Equity (SLPE) has posted compelling returns (an NAV total return of 14.9% and share price total return of 31.9%). SLPE has benefitted from strong trading at underlying companies, a strong exit market (driving realisations), improving sentiment towards the sector and a narrowing discount as more investors have selected it as a core holding in the private equity sector. The manager expects that, in the absence of major shocks, the portfolio should benefit from strong exit activity over the next twelve months, which bodes well for further NAV development.
08 Dec 2017
A good year; more to come?
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A good year; more to come?
abrdn Private Equity Opportunities Trust PLC (APEO:LON) | 544 21.8 0.7% | Mkt Cap: 834.9m
- Published:
08 Dec 2017 -
Author:
Ed Marten -
Pages:
11
With its recent results announcement, Standard Life Private Equity (SLPE) has posted compelling returns (an NAV total return of 14.9% and share price total return of 31.9%). SLPE has benefitted from strong trading at underlying companies, a strong exit market (driving realisations), improving sentiment towards the sector and a narrowing discount as more investors have selected it as a core holding in the private equity sector. The manager expects that, in the absence of major shocks, the portfolio should benefit from strong exit activity over the next twelve months, which bodes well for further NAV development.