Unrealised gains boost BP Marsh's bottom line

UK-headquartered insurance venture capitalist BP Marsh reported a
doubling of its pre-tax consolidated profit for the year to 31
January, 2016, but most was derived from unrealised gains on
revaluing its equity investment portfolio.
Pre-tax profits rose from £5.9mn in 2015 to £10.7mn
this year, £10.3mn of which came from the unrealised gains.
Consolidated profit after tax was £8.7mn, up 76 percent on the
prior year.
The group also declared a final dividend of 3.42p per sh