RIT Capital Partners fund issued its 2016 year-end report in late February.
While the company was pleased to report a net profit of 12.1 percent and total shareholder returns hold at 14.2 percent, the company, and its chairman Lord Jacob Rothschild, seem preoccupied with risks associated with political and economic instability.
Rothschild announced that while the funds’ assets are at an all-time high, the announcement comes: “Against a background of daunting uncertainty and political turmoil.”
Going further, he stated a more ominous warning.
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While the company was pleased to report a net profit of 12.1 percent and total shareholder returns hold at 14.2 percent, the company, and its chairman Lord Jacob Rothschild, seem preoccupied with risks associated with political and economic instability.
Rothschild announced that while the funds’ assets are at an all-time high, the announcement comes: “Against a background of daunting uncertainty and political turmoil.”
Going further, he stated a more ominous warning.
Read Entire Article »