Page 2 - Basic Financial Instrument News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  When I wrote to shareholders a year ago for the 2020 annual report, we were just beginning a journey into the unknown resulting from the burgeoning global pandemic. We already knew then that the virus itself, and the measures to control it, were likely to be a threat to financial stability and to have a huge impact on economic activity. It also looked likely that there would be significant impact on companies in many industries. That has indeed been the way the year has played out and we now find ourselves reporting on a year where superlatives seem trite and do no justice to w...

Performance The company's Net Asset Value (NAV) per ordinary share rose by 6.2% on a net dividends reinvested basis with debt at fair value, our key performance measure. This was ahead of the composite benchmark index (70% FTSE World Ex-UK and 30% FTSE All-Share Index) which rose by 5.3% on the total return basis over the period.   2020 has of course been a year of extremes, not least for humanity's collective experience of the global effects of a pandemic, the like of which has not been seen in living memory. This inevitably cast the shadow of economic upheaval and m...