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City of London Investment Management Increases Stake in Pacific Horizon Investment Trust

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The latest update is out from Pacific Horizon Investment Trust PLC ( (GB:PHI) ).

The notification from Pacific Horizon Investment Trust PLC reveals that City of London Investment Management Company Limited has increased its voting rights in the company to 15.14%, up from a previous 14.75%. This change in holdings signifies a strengthened position for City of London Investment Management within Pacific Horizon, potentially influencing future decisions and strategies of the investment trust.

More about Pacific Horizon Investment Trust PLC

Pacific Horizon Investment Trust PLC is a UK-based investment company that primarily focuses on investing in the Asia-Pacific region, excluding Japan. The company aims to deliver long-term capital growth by investing in a diversified portfolio of companies across various sectors within this geographic market.

YTD Price Performance: 1.92%

Average Trading Volume: 216,445

Technical Sentiment Consensus Rating: Sell

For an in-depth examination of PHI stock, go to TipRanks’ Stock Analysis page.

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