BH Macro Shs GBP (GB:BHMG) has released an update.
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BH Macro Limited reported a slight decline in NAV per share for the six-month period ending June 2024, with the Sterling and US Dollar share classes down by 1.10% and 1.54%, respectively. A subsequent rebound saw improvements, with Sterling shares up by 3.9% and US Dollar shares up by 3.2% by late September. The company’s share buyback program has been cited as a factor in narrowing the discount on shares, signalling resilience in a challenging market as noted by the chairman’s optimistic outlook on the company’s diversification and historic performance.
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