Centum Investment Company scaled back its exposure to equities in its marketable securities portfolio (MSP) in the year ending March 2022 as it sought to protect returns against the erosion of share prices at the stock exchange.
The investment firm said in its annual report that the MSP portfolio of cash securities, which is managed by Centum’s asset management subsidiary Nabo Capital, yielded a return of 14 per cent in the period, up from 13.1 per cent in 2021.
