Trian Investors 1 Ltd - offers exposure to investment activity of Trian Investors Management LLC - As at December 31, net asset value per share rises 24% year-on-year to 150.57 pence from 121.34p the same date the year before, due to an increase in Ferguson PLC's share price.
Post-period, expresses encouragement at Ferguson's decision to list its shares on the New York Stock Exchange, as well as its decision to sell its UK Wolseley business to a private equity firm in order to focus more on the US.
Current stock price: 122.00 pence
Year-to-date change: up 1.7%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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Ferguson (FERG)