Woes continue for Chrysalis as Starling keeps heading south
NAV has fallen more than 40% in a year
Chrysalis Investments
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Jupiter to sell Starling stake but Chrysalis holds on
The challenger bank is eyeing an IPO before the end of 2023
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Chrysalis suffers NAV blow as stock suspension warning rattles Revolution Beauty shares
Cosmetics group admits it is unlikely to publish its final audited results by the end of the month
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Wefox valuation miss adds to Chrysalis woes
Just a day after the value of ‘buy now pay later’ juggernaut Klarna took a massive hit
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More pain for Chrysalis shares as Klarna valuation slashed to £5.6bn
Co-manager Watts says new price tag does not reflect ‘buy now pay later’ firm’s progress since initial investment
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Chrysalis puts a pin in share buybacks as discount slumps to 55%
Co-managers Williamson and Watts to redouble their efforts on existing holdings, 60% which have yet to break even
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Chrysalis braces for further NAV hit as Klarna faces 67% haircut
Significant writedown would result in a 9.5% drop in the £1.2bn trust’s NAV
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Chrysalis swaps to independent valuation committee
Ahead of parting ways with Jupiter Unit Trust Managers and becoming self-managed next month
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Chrysalis suffers 13% hit to NAV
Six months after bumper growth saw it pay an eyewatering performance fee
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Eyewatering Chrysalis performance fee throws investment trust charges in the spotlight
Excluding VCTs – 96 out of 240 investment companies still charge performance fees
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‘Unprecedented’ £60m paid to Jupiter fund manager duo
Chrysalis board to review fee structure after huge pay-out
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Chrysalis falls short of £125m placing target as Omicron jitters bite
Managers Watts and Williamson raised £300m in an oversubscribed placing in March