APQ Global makes decent start to 2018 despite challenging market conditions
APQ Global Limited’s (LON:APQ) Bart Turtelboom tells Proactive Investors in the first quarter of 2018 they decreased their exposure to equities and credit.
At the end of the period, the bulk of the company’s overall exposure was in credit and government bonds (65.6% of book value), followed by equity exposure (28.0%).
EM local currency bond exposure accounted for 22.5% of book value.
The company paid a quarterly dividend of 2.13 cents (1.5p) and its book value was US$1.28 per share at the end of the quarter.