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Tribeca Global LIC stung by war, recession worries

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Local listed investment company Tribeca Global Natural Resources has posted a loss for the 2022 financial year as falling sharemarkets and concerns about a global economic slowdown hurt some of the fund's largest investments.

The LIC registered an $11.8 million loss for the financial year on an after-tax basis and will not pay a dividend for the period. Net tangible assets on a per-share basis, excluding tax, fell 22.4 per cent.

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Richard Henderson is a markets reporter based in our Melbourne newsroom. Connect with Richard on Twitter. Email Richard at richard.henderson@afr.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/tribeca-global-lic-stung-by-war-recession-worries-20220823-p5bc1a