Pantheon International presentation at Mello May 19 Pantheon International’s presentation at Mello May 19. Helen Steer gives a great overview of the private equity markets, then Andrew Lebus talks about the performance of Pantheon over the last 30 years. piworld.co.uk Pantheon International presentation at Mello Trusts & Funds May 2019 By Helen Steers, Partner and Andrew Lebus, Partner A fascinating overview of the private equity markets by Helen, followed by Andrew who talks specifically about Pa
Pantheon: we want to abolish our discount Discount is now 25% on Morningstar Take as a contrarian buying opportunity
New puchases Still adding these…
New puchases I’ve been filling my boots with these. Seem like good value, despite the lack of yield…
Pantheon: we want to abolish our discount [link] The discount is now 15.59%
Re: Consolidation "Private equity investment trust Pantheon International (PIN) plans to simplify its shares in a move that could propel it into the FTSE 250 index and boost investor returns."[link]
Re: Consolidation So was there an overnight windfall gain to the redeemables? Maybe all were small holders apart from the "Investor".Anyway I welcome the simplicity.Hi five to johandesilva
Consolidation Happy that I switched half my holding into redeemable a couple of months ago - damn that I didnt do whole lotGood news on cost saving for company and liquidity of sharesFD
Re: Discount to NAV opening up (2,302.7p... 4% valn jump in a month is great FD
Re: Discount to NAV opening up (2,302.7p / 24% discount) The Real Stan, I want to hi five you. NAV jumped up to 2,302.7p and 24% discount to NAV.On-wards and upwards!
Re: Discount to NAV opening up PIN has produced 11.7% pa growth to NAV over 30 years since inception in 1987. It is hard to understand why that should trade at a discount but most likely because paid advisers would find it harder to recommend a fund of funds taking another layer of fees out. Plus most people don't really understand private equity nor the portfolio benefits.But even though PIN is my largest holding by a long way I keep buying at this discount.
Re: Discount to NAV opening up That dip under the 200 day average wproved an excellent entry. Still today almost a 20% discount to NAV, would be nice to have 5-10% growth from here for Christmas.
Discount to NAV opening up Next NAV report should be interesting.
Re: Any other funds like this? farmerdave,Good points regarding USD:[link]
Re: Any other funds like this? [link] use to look them up toofd