Pick your investment trusts now says Iimia's Nick Greenwood

Professional Adviser
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Continued political focus on the investment trust sector is going to keep discounts wide and open up...

Continued political focus on the investment trust sector is going to keep discounts wide and open up opportunities for arbitrageurs but also for retail investors says investment trust specialist Nick Greenwood. Recent stock market turnarounds have already started pushing up net asset values of most trusts, but share prices are often lagging behind because investors are being panicked into selling while buyers remain wary because of the bad news stories currently being generated. This means investors can buy into company assets at discounts that still remain up to 30% or more. ...

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