At the beginning of 2020, Ed Byrne and myself set out, in our book The University Challenge, the various roles which modern universities have to play as the world changes so quickly: understanding and interpreting change in the world; offering constructive approaches which help make the process of change benefit people; educating and training people with the skills needed to face up to change; and creating an intellectually engaging climate and culture across societies.read more
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When running portfolios in the City during the 1980s and 90s, investment trusts were regularly used when seeking smaller company and overseas exposure for larger portfolios – individual stock selection within the FTSE 350 otherwise being the norm.
Clients would often enquire about them, for they were ‘novel’ to many when compared to the more familiar unit trusts.
But over time clients came to appreciate their superior qualities. This remains true today. So why is it investment trusts remain the City’s best-kept secret?read more