Livermore Investments (GB:LIV) has released an update.
Livermore Investments Group Limited reported a strong first half in 2024 with a 16.8% increase in NAV, driven by significant gains in its CLO and financial portfolio, as well as a successful valuation increase in its AI startup investment, Fetcherr. The company capitalized on robust demand for CLO debt and senior secured loans, and continued to adapt its investment strategy to market conditions, including a recent investment in a new CLO managed by PGIM. Amidst a backdrop of moderate global economic growth and evolving central bank policies, Livermore is positioning itself to leverage market volatility and opportunities in the AI and credit sectors.
For further insights into GB:LIV stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com