African Rainbow Capital’s portfolio expands on back of fair value gains

JSE-listed African Rainbow Capital’s (ARC’s) intrinsic portfolio value increased by 16.3% from R10.55-billion as at June 30, 2020, to R12.27-billion as at June 30, this year. Net fair value gains accounted for R909-million of the increase and net investments for the remaining R810-million increase.

from Engineering News | Home https://ift.tt/3lgGuig