- Listed investment company International Public Partnerships said Monday net asset value growth was flat in the first half of the year.

Net asset value per share rose 0.9% to 146.3p for the six months to 30 June 2018 from 145.0p a share reported at the end of December.

A minimum target dividend for the 2018 and 2019 financial years had been set at 7.00 and 7.18 pence per share, respectively; in line with an average increase of about 2.5% or greater each year, the company said.

It added that a decrease in bond yields in the UK, Australia, Canada, Belgium and Germany, and a stronger sterling 'could be expected' to have a positive impact on net asset value.

During the period since 1 July 2018, the company made new investments of about £51.8m.

At 8:52am: [LON:INPP] International Public Partnership Ltd share price was -0.3p at 153.3p

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