Gresham House ranked first in S&P's latest review of investment portfolios
Over three years to 1 June 2001, Gresham House is the top-ranking investment trust, according to the latest investment funds information published by Standard & Poor's. During that time, the £18m Micropal five-star rated Venture & Development Capital investment trust, which invests in high-risk start-up situations, has returned £11,871 on an initial £1,000 investment, compared to the three-year average return of £1,346 for all investment trusts. Alfred Sterling, the trust's manager, puts its outperformance down to a number of factors. He said the trust had a good deal of luck with one o...
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