Luxempart, a Luxembourg-listed investment and private equity company, has posted a consolidated net loss of 55.4 million euro for the first half as its investment income was hit by “extremely choppy” conditions in financial markets and the economy.
The loss compares to a profit of 499 million euros in the same period a year earlier. The firm said it maintained its net assets at 2.078 billion euros by the end of June, down slightly from from 2.169 billion a year earlier.
Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.
A subscription is free for professionals working at banks and independent asset managers.
