Europe bias at Schroders

Schroder Ventures International Investment Trust (SVIIT) has seen its net asset value per share grow by over 38% in the 12 months to the end of June. The private equity investment trust is run on a fund of funds basis and invests in Schroder Ventures' 25 funds with exposure to around 155 companies. The net asset value per share increased by 38.4% to 450.9 pence in the year to 30 June. John McLachlan, chairman of SVIIT, said: "This has been a good year for SVIIT, allowing us to report a substantial increase in the net assets of the company. The company continues to enjoy realisations at si...