HgT: Annual Results 2025

Jim Strang, Chairman of HgCapital Trust (HgT) outlines the key financial highlights, including NAV and share price performance, as well as underlying trading across portfolio companies. He discusses investment activity, including new investments and realisations, and explains how organic growth and acquisitions contribute to returns. He also covers the trust’s valuation approach and how it helps manage market volatility, alongside commentary on exit activity and the outlook for the portfolio for 2026.