LONDON (Alliance News) - Murray Income Trust PLC on Friday said its net asset value per share total return was below its benchmark in the year to the end of June.
The FTSE 250-listed trust said its net asset value per share total return for the year was -2.2%, compared to a 2.6% return for its benchmark, the FTSE All-Share Index. Its share price total return in the year was -5.7%.
Murray said equity performance stalled somewhat in the year and said its performance was "disappointing". It said the main issues were caused by the deceleration of growth in the Chinese economy, with further challenges posed by the continued economic sluggishness in Europe and the crisis surrounding Greece.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Murray Income Trust (MUT)