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Manager compensates JPMorgan Senior Secured after hedging error

JPMorgan Senior Secured Loan has received £1.686m in compensation from JPMorgan after an error led to losses of that amount on the company’s currency hedging. This pushes the NAV back up to 97.58p (including accrued income) and the shares trade at a 5.3% discount to this.

JPSL : Manager compensates JPMorgan Senior Secured after hedging error

Written By James Carthew

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