Simon Thompson 

A Ben Graham deep value play

Simon Thompson

Simon Thompson

Aim-traded insurance sector investment company BP Marsh & Partners (BPM:215p) has increased its year-end net asset value (NAV) by 8.5 per cent to a record £137m (380p per share) and maintained annual pre-tax profit of £12.2m. Valuation gains were broad based as only two of the 17 investees companies recorded downward movements.

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