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Edinburgh Dragon Trust increases net asset value by 28.5 per cent

Edinburgh Fund Managers Edinburgh Dragon Trust posted a 28.5 per cent increase in net asset value in six months to February, 19 per cent below benchmark.

The MSCI Combined Asia Free excluding Japan Index rose 47.5 per cent in the period.

The share price increased 30.3 per cent to 44p.

The trust aims to achieve long term capital growth through investment in the Far East excluding Japan and Australia.


ACA expresses concerns over stakeholder

The Association of Consulting Actuaries has expressed serious concerns about the effect of stakeholder and the state second pension on occupational schemes.The Association says the Green paper offered the opportunity to simplify a complex system but it has actually added another level to the complexity.It says that while the Government&#39s intentions are correct, stakeholder and […]

Axa Sun Life announces increase in new business

Axa Sun Life has posted a 35 per cent increase in new business to 149.1m for the first quarter of 1999, compared to £110.4m for the same period in 1998.Total new sales were up 31 per cent to £140.1m from £106.7m for 1998. But it was single premium business which showed the greatest growth, up […]


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