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Interim Results

JPMorgan Russian Securities lags benchmark

12 June 2015 07:17

JPMorgan Russian Securities says it continued to experience challenging markets and suffered from poor performance in the six months to the end of April.

The company's net asset value on a total return basis declined by 2.7% and the company's return to shareholders on a total return basis was a negative 2.2% over the period, which led to little change in the discount to net asset value at 14.1%. The company's performance in terms of return to shareholders on a total return basis was 3.7% below the benchmark, which ended the reporting period up 1.5%.

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Related Company: JRS

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