BH Macro Ltd. GBP Shares (BHMG)

Sector:

Investment Firms

Index:

FTSE Small Cap

   Trade now with Barclays Stockbrokers   Trade now with Barclays   Sponsored by Barclays Stockbrokers

2,630.00p
   
  • Change Today:
      30.00p
  • 52 Week High: 2,650.00
  • 52 Week Low: 2,075.00
  • Currency: UK Pounds
  • Shares Issued: 14.18m
  • Volume: 19,769
  • Market Cap: £373.03m
  • RiskGrade: 76

BH Macro says 'political and economic uncertainties' lead to net asset value declines

By Iain Gilbert

Date: Tuesday 22 Aug 2017

LONDON (ShareCast) - (ShareCast News) - Closed-ended investment company, BH Macro posted a "modest" decline in net asset value per share of 0.7% in its US dollar shares, while its sterling shares saw a more significant 4.2% drop over the first six months of the year.
The company claims the decline was due to the performance of its Brevan Howard Master Fund wherein most of its assets are invested.

BH said market conditions had offered fewer opportunities for the master fund to grow its "macro-directional trading focus," due to several major economies experiencing synchronised deceleration in growth.

"Evident political and economic uncertainties lying ahead suggest that more fruitful opportunities will present themselves for the master fund's macro-trading strategies and the board believes that in these conditions shares in the company will continue to provide a valuable listed avenue for portfolio diversification that is uncorrelated with other asset classes," said chairman Huw Evans.

As of 1520 BST, shares in BH Macro were up 0.66% to 1,994.66p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BHMG Market Data

Currency UK Pounds
Share Price 2,630.00p
Change Today 30.00p
% Change 1.15 %
52 Week High 2,650.00
52 Week Low 2,075.00
Volume 19,769
Shares Issued 14.18m
Market Cap £373.03m
RiskGrade 76

BHMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.80% above the market average1.80% above the market average1.80% above the market average1.80% above the market average1.80% above the market average
8.06% above the sector average8.06% above the sector average8.06% above the sector average8.06% above the sector average8.06% above the sector average
Price Trend
77.22% above the market average77.22% above the market average77.22% above the market average77.22% above the market average77.22% above the market average
87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average87.10% above the sector average
Income Not Available
Growth
68.73% above the market average68.73% above the market average68.73% above the market average68.73% above the market average68.73% above the market average
58.36% above the sector average58.36% above the sector average58.36% above the sector average58.36% above the sector average58.36% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BHMG Dividends

No dividends found

Trades for 18-Jun-2019

Time Volume / Share Price
16:35 22 @ 2,630.00p
16:29 8 @ 2,650.00p
16:27 1,160 @ 2,620.00p
16:11 500 @ 2,640.00p
16:00 500 @ 2,630.00p

Top of Page