Edison Releases Report on HgT's Performance

On November 21, 2025, Edison Investment Research Limited issued a report on HgT (LSE: HGT). The report highlights a more favorable market environment for HgT following earlier challenges in global IT spending and market volatility in 2025. This shift is attributed to improved NAV total return (TR) figures in the second and third quarters. The company remains confident in HgT's robust investment stance, driven by the ongoing trend of digitalization. Historical NAV TR growth of 14.5% and 17.8% annually over five and ten years demonstrate this. Despite AI-induced uncertainties, HgT's management is experienced in managing disruptive innovations.

Currently, HgT shares trade at a 16.1% discount to NAV, compared to a long-term average of 8%. This indicates potential value for investors. Edison emphasizes that their reports are not investment advice, and HgT's performance is subject to market risks.