B.P. Marsh Maintains Strong Trading Performance
B.P. Marsh the financier of early stage financials businesses (especially insurance) has today provided a positive trading update to the market.
Whilst the underlying portfolio continued to perform well, there was one notable disposal in the period namely the disposal of Paladin with an amended upfront payment of £44m (increased from the £42.1m). The update also highlighted the robustness of the pipeline and the substantial funds (c. £80.2m) at their disposal.
As a result of the recent realisations, the board has agreed a three year dividend policy, which is a considerable increase on the Group’s previous dividend policies
In the short interview below, the team outline how the firm has consistently outpeformed the market