MAP Syndicates 2791 and 6103 2015 account results and updated 2016 forecasts

Stocksy Comp 1103160
12 February, 2018

MAP Syndicates 2791 and 6103 2015 account results and updated 2016 forecasts

Managing Agency Partners (“MAP”) has announced the 2015 year of account results and the latest forecasts for its syndicates 2791 and 6103, as follows:-

Syndicate

Year of Account

2015 Result / revised 2016 forecast

Previous forecast at September 2017

Change on midpoint

2791

2015

+11.8%

+6% to +11%

+3.3% points

2791

2016

0% to +5%

Unchanged

 

Syndicate

Year of Account

Result / revised forecast

Previous forecast at September 2017

Change on midpoint

6103

2015

+30.7%

+25% to +35%

+0.7% points

6103

2016

+12.5% to +22.5%

Unchanged

 

 

The result for the 2015 account of Syndicate 2791 includes a release from reserves for the 2014 and earlier years of account of £12.1m.

Rates of exchange: US$1.35:£1

After the deduction of all personal expenses but before members’ agency fees