By Pascal Dowling Amerindo Internet fund, the investment trust, is predicting an increase in liquidi...
By Pascal Dowling Amerindo Internet fund, the investment trust, is predicting an increase in liquidity with the listing of a number of private companies in the portfolio. According to Richard Dukas, director of corporate communications at Amerindo, a number of companies in the portfolio have filed applications for a listing on the NYSE and are waiting to float on the troubled American markets. He said: "At the moment, the companies in question are waiting for the right window to appear in the markets, the market is still falling but we expect quite a sharp rally to occur in the near to m...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes