Overview
Pantheon International is an investment trust that invests in private equity funds globally. Pantheon International tries to actively manage risk by the careful selection and purchase of high quality private equity funds in a diversified and balanced portfolio. Exposure is balanced across buyout, venture and growth, and special situations funds from a multitude of geographical regions and vintage
Fundamentals
Price
Research History
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07 Apr 2020 11 min read
QuotedData’s Investment Companies Roundup – April 2020
Investment Companies Roundup Kindly sponsored by Baillie Gifford and Aberdeen Standard Investments Table of contents New research In this issue Performance data Discounts and premiums Money in and out Major news stories Income Events Guide Appendix – Performance by sector full list New research Here is a list of research we published over March: An update note […]
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10 Mar 2020 9 min read
QuotedData’s Economic Roundup – March 2020
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
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06 Dec 2019 8 min read
QuotedData’s investment companies roundup – December 2019
Investment Companies Roundup Kindly sponsored by Baillie Gifford Table of contents New research In this issue Performance data Discounts and premiums Money in and out Income Events New research Here is a list of research we published over November: An initiation note on Henderson High Income “We have initiated coverage on Henderson High Income (HHI). Since […]
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22 Mar 2019 2 min read
QuotedData’s economic roundup – March 2019
QuotedData’s economic roundup – March 2019 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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13 Mar 2018 2 min read
QuotedData’s Economic round up – March 2018
QuotedData’s economic round up – March 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell […]
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25 Jan 2018 2 min read
JPMorgan Multi-Asset Trust – Long-term return objective of 6% per annum
JPMorgan Multi-Asset Trust – Long-term return objective of 6% per annum JPMorgan Multi-Asset Trust (MATE) is a new investment company that will invest across a range of different asset classes. It will aim to achieve a total return of 6% per annum, over the long term, through a combination of income and capital growth. It […]
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2 min read
JPMorgan Multi-Asset Trust – Long-term return objective of 6% per annum
JPMorgan Multi-Asset Trust – Long-term return objective of 6% per annum JPMorgan Multi-Asset Trust (MATE) is a new investment company that will invest across a range of different asset classes. It will aim to achieve a total return of 6% per annum, over the long term, through a combination of income and capital growth. It […]
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18 Jan 2018 2 min read
QuotedData – 2017 review of the year
QuotedData – 2017 review of the year – Many commentators, including us, were wary going into 2017. In the event, economic growth and markets surprised on the upside: US markets hit new highs despite three interest rate rises. Perceived low/no growth areas such as Europe and Japan burst into life. Asia’s technology stocks surged. India’s […]
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11 Dec 2017 2 min read
QuotedData investment companies roundup – December 2017
QuotedData investment companies roundup – December 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2017. Kindly sponsored by Baillie Gifford. December Investment Companies Roundup Money raised and returned in November There were no […]
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19 Oct 2017 2 min read
Quarterly investment companies roundup – Third quarter 2017
Quarterly investment companies roundup – Third quarter 2017 – Markets moved up a little over the course of the three months ended 30 September 2017. Regionally, emerging markets did well. The pound strengthened a bit relative to the US dollar but was flat against the euro. The oil price rose by more than 20%. In […]
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12 Oct 2017 1 min read
QuotedData investment companies roundup – October 2017
QuotedData investment companies roundup – October 2017 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of September 2017. Kindly sponsored by Baillie Gifford. October Investment Companies Roundup Amongst the top performers, Alternative Liquidity Fund sold its […]
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14 Sep 2017 2 min read
QuotedData’s economic round up – September 2017
QuotedData’s economic round up – September 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to […]
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10 Apr 2017 1 min read
QuotedData’s round up of views on the global economy – April 2017
A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the companies mentioned. Kindly sponsored […]
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10 May 2016 1 min read
Standard Life European Private Equity – Sitting in a sweet spot
In recent years Standard Life European Private Equity Trust has been one of the best performing private equity funds of funds listed in London. SL Capital, managers of the fund, believe it its discount of 26.9% is too wide for the quality of its NAV and that, as a European (mid-market) specialist, it sits in […]
News
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02 Nov 2020 3 min read
QuotedData’s morning briefing 2 November 2020
In QuotedData’s morning briefing 2 November 2020 – Downing Strategic Micro-Cap (DSM) reported interim results for the six months ended 31 August 2020. The NAV increased by 22.5% from the March 2020 low-point, but was down 5.5% over the period, on a per-share basis. Chairman, Hugh Aldous, noted the following: “I said in May that we […]
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06 Aug 2020 2 min read
Pantheon demonstrates undervaluation of private equity
Pantheon demonstrates undervaluation of private equity – Pantheon International has published results for the year ended 31 May 2020. These capture the panic and subsequent recovery in markets related to COVID-19. Pantheon’s NAV return was +4% over the year, which compares to -11.2% for the UK market and +7.4% for the MSCI World Index. This […]
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23 Mar 2020 2 min read
Update from private equity company Pantheon International
Private equity company, Pantheon International (PIN), invests in funds of funds in the primary and secondary market, and directly into private companies through co-investments. Earlier this morning, PIN released a joint-statement from its board and manager: Recent substantial movements in asset prices and currency exchange rates associated with the Covid-19 crisis and its inevitable impact on […]
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07 Aug 2019 2 min read
Pantheon powers ahead
Pantheon powers ahead – over the year ended 31 May 2019, Pantheon International generated an NAV return of 14.7% and a share price return of 10.7% against a backdrop of flat/falling markets – the MSCI World Index returned 2.5%, a UK index returned -3.2%. Weak sterling contributed to the result. Highlights: Assets in the portfolio […]
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08 Aug 2018 3 min read
Pantheon International has had a “milestone year”
Pantheon International has had a “milestone year” – In his introductory comment to Pantheon International (PIN)‘s full report for the twelve months to 31st May 2018, chairman Sir Laurie Magnus noted that the company had celebrated its 30 year anniversary, simplified its capital structure and entered the FTSE 250 index, in what he saw as a milestone […]
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28 Sep 2017 3 min read
Pantheon to combine share classes
Pantheon to combine share classes – Pantheon International plans to effect the consolidation of its ordinary and redeemable share capital into a single class of ordinary shares. The Proposals include the issue of an unlisted Asset Linked Note (the “ALN”) to the largest holder of Pantheon’s redeemable shares in exchange for part of its shareholding. […]
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05 Sep 2017 1 min read
Investment Trust Insider on Northern Investors
This year’s summer lull is a bit busier than usual with Warehouse Real Estate Investment Trust (Reit) publishing a prospectus and running around trying to raise £80 million to £150 million to buy a portfolio of multi-let urban warehouse estates. I have been occupied on a new guide for investors interested in listed private equity […]
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09 Aug 2017 3 min read
Pantheon makes 17% in shortened year
Pantheon makes 17% in shortened year – Pantheon International has published results for the 11 months ended 31 May 2017 (it moved its year end from June to May). Over this period: NAV per share increased by 17%, from 1,873.6p to 2,189.9p. Net assets increased to GBP1,388m (June 2016: GBP1,187m). The ordinary share price increased […]
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06 Oct 2016 2 min read
SVG Capital proposes sale and wind down for approximately 680p per share
SVG Capital has provided an update regarding the proposed sale of the company’s investment portfolio and wind down. The Board says that it has agreed in principle the key commercial terms of a proposed sale of 100% of the investment portfolio to funds managed by Goldman Sachs Asset Management’s Alternative Investments & Manager Selection Group […]
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04 Oct 2016 1 min read
SVG and Harbourvest update on offer
HarbourVest has made a statement to the effect that it notes that despite the Board of SVG Capital stating on 3 October 2016 that it would be in a position to update Shareholders as to its discussions with other parties by this morning, no announcement has been made. This came out at 13:14 today. SVG […]
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20 Sep 2016 2 min read
Pantheon discount narrowing again
For the financial year ended 30 June 2016, Pantheon International’s net assets stood at just under GBP1.2bn and it recorded an increase of 22.3% in NAV per share. The ordinary share price increased from 1,272.0p to 1,285.0p, an increase of 1%. The discount widened from 17% to 31%. The redeemable share price decreased from 1,285.0p to […]
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09 Mar 2016 2 min read
Pantheon let down by discount widening
Pantheon International’s NAV per share rose by 8.2% over the course of 2015, outperforming the FTSE All-Share, which fell by 2.0%, and the MSCI World, which rose by 3.3%. However, they say share price performance was disappointing (-4.1%) as it was impacted by a sector-wide increase in discounts which have been driven by uncertainty in financial […]
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25 Nov 2015 1 min read
Pantheon International drops the participations
Pantheon International Participations Plc has announced that it has changed its registered name to Pantheon International Plc. The Company’s tickers for its Ordinary and Redeemable shares remain the same. PIN for the ordinary shares and PINR for the redeemable shares. Pantheon International drops the participations : PIN and PINR
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01 Oct 2015 2 min read
Pantheon benefits from uptick in distributions
Pantheon International Participations reports a 12% increase in NAV per share for the year to the end of June 2015 which compares favourably to a 3% return on the FTSE All-Share Index and an 11% return on the MSCI World Index. The ordinary share discount widened slightly from 16% to 17% but the discount on the redeemable shares […]
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24 Apr 2015 2 min read
Cayenne Trust says considering proposals for future of the company
The Cayenne Trust’s results for the year ended 31 January 2015 have been published. The company’s net asset value total return and share price total return were both 12.1% for the period. This compares to an 11.6% return on the FTSE All-Share Equity Investments Index. The dividend has been increased from 1.2p to 3.8p. The […]
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26 Feb 2015 2 min read
Pantheon close to £1bn of assets
Pantheon International Participations’ interim figures, covering the second half of 2014, are pretty good. The net asset value rose by 11% and the share price by 10% (over a time when the FTSE All-Share didn’t deliver much of a return and the MSCI World returned 9.7%). The net asset value is now just shy of £1bn […]
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02 Oct 2014 1 min read
Flurry of deals increases Pantheon’s exposure to co-investments
PIN : Flurry of deals increases Pantheon’s exposure to co-investments Pantheon International Participations has published results for the year ended 30 June 2014. The net asset value rose by 2% over the year and the share price rose by 10%, narrowing the discount from 22% to 16%. The performance lagged that of the FTSE All-Share […]
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28 Feb 2014 1 min read
Pantheon International : PIN – interim results
Pantheon International’s net asset value fell by 2.1% over the latter half of 2013 as Sterling strength offset a 5.7% positive underlying return on the fund’s investments. The share price slipped a little (by 1.3%). The portfolio threw off £93m of cash and Pantheon reinvested £79m of this
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14 Dec 2013 1 min read
Miton Worldwide Growth : MWGT
Half year results to 31 October 2013 show an NAV uplift of 6.5% and an increase in the share price of 5.6%. MWGT’s benchmark is the return on Sterling LIBOR +2% (equal to 1.3% over the period – so MWGT comfortably outperformed its benchmark). MWGT’s return lagged that of the FTSE All-Share and MSCI World Indices […]
