HgCapital Trust net asset value trails

HgCapital Trust yesterday said its net asset value return had failed to keep pace with the FTSE All-Share index in its interim management statement to the market. It said its diluted NAV return was 2.6 per cent versus a FTSE All-Share Index level of 4.7 per cent between the end of June and the end of September. The trust’s share price increased 11 per cent in the three months up until the end of September.