The investment trust sector is on track for another good capital raising year, according to analysts...
The investment trust sector is on track for another good capital raising year, according to analysts at Deutsche Bank. By the end of the second quarter this year, the industry had already accrued £2.7bn of new money, compared with a total of £8.7bn in 2000, a record year for the industry. In the period up to 31 May 2001, £1.5bn was returned to investors, leaving a net inflow of £1.2bn. A report, written by Martin Fothergill and Carolyn Coke at Deutsche Bank, attributes the solid inflow in the first half of this year to a renewed interest in alternative investments, which has most no...
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