MARTIN Currie Portfolio Investment Trust has reported strong results for the year ended January 31, despite testing market conditions.
The net asset value (NAV) of the company per share rose by 7.6pc, significantly ahead of the 3.6pc fall in the FTSE All-Share, the company's benchmark index over the same period. The share price also rose by 8pc during this period. Tom Walker, manager of the Martin Currie £184m Martin Currie Portfolio, said: "Martin Currie Portfolio has been positioned for the current more testing market environment for some time. "Being underweight in banks and consumer service stocks has served us well. Resources stocks, such as BG Group, BHP Billiton and Verdanta, have been among our best UK performe...
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