Sigma Capital ‘in better shape’

Sigma Capital Group, the Edinburgh-based investment firm, said it was “now in better shape than in recent years” after yesterday posting a modest half-year profit.

The firm said it had strong cash balances in its various divisions and “much greater visibility on our opportunities than ever before”. It reported a profit before tax of £100,000 for the six months to 30 June compared with losses of £1.1 million a year earlier.

Sigma gave a guarded outlook, saying: “We cannot ignore the return of great uncertainty in the markets.”