Exeter Warrant & Global Opportunities unit trust is viewing the current general widening of discount...
Exeter Warrant & Global Opportunities unit trust is viewing the current general widening of discounts as a buying opportunity. Last month the £6.1m fund, managed by Richard Scott, increased its exposure to Templeton Emerging Markets and Schroder Emerging Countries as both trust's discounts widened beyond the 20% mark. Scott also increased exposure to more growth oriented trusts after switching out of them between November and January. Shares in INVESCO Techmark were bought at the beginning of April. The share price then rallied by almost a third. Scott said: "After running a value or...
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