Hyperion sale aids BP Marsh

Marion Dakers
INVESTMENT group BP Marsh reported a 9.3 per cent jump in net asset value to £56.9m yesterday, helped by the recent sale of its 80 per cent stake in insurance group Hyperion.

BP Marsh, which raised £29.2m from the Hyperion sale, said the “long-awaited period of renewed optimism in the financial services sector” should provide it with investment opportunities in the coming year.