Chrysalis Investments continued to benefit from strong progress at Klarna and Starling Bank, while copper prices experienced significant volatility driven by US trade policy developments.
Chrysalis Investments, held in each of the T. Bailey FoFs, reported strong results this week. As of June 2025, the company’s net asset value per share had increased by over 13.7% since March. This rise was largely thanks to key investments in companies like Starling Bank and Klarna, which were valued higher after strong performance and favourable market changes. Additionally, Chrysalis benefited from selling InfoSum and buying its own shares. Most of Chrysalis’s investments are focused on financial technology and innovation, with over 70% of its portfolio made up of Starling, Klarna, and Smart Pension - all leaders in digital finance.
