Originally posted here
http://www.noelwatson.com/blog/PermaLink,guid,27af9f1a-63b5-4e47-88a9-59d03ed7f90d.aspx
HYP capital is now underperforming by around 5%. Note that this is a simplication as it doesn't take into account
- RBS rights issue
- UU return of capital
http://www.unitedutilities.com/FAQsROC.htm
HYP29012009.xls (25.5 KB)