BP Marsh reaps investment profits
Insurance industry venture capital firm BP Marsh announced a near 70% rise in pre-tax profit to £2.3m (2010: £1.4m) and said its net asset value (NAV) had grown 8.1% during the year.
It's NAV during final six months of the financial year was up 4.3% to £48.5m from £46.5m at 31 January 2011. At the beginning of the financial year it had been £44.9m at 31 July 2010.
The company said
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