The discounts on investment trusts have been widening over the past few weeks as sentiment in the ma...
The discounts on investment trusts have been widening over the past few weeks as sentiment in the market deteriorates, representing a buying opportunity, according to Nick Greenwood, head of investment trusts at Christows. Greenwood said trusts that suffered most are those investing in sectors the market has fallen out of love with, technology, media and continental Europe. Greenwood, however, feels that in the coming months discounts will narrow sharply, and that this situation represents a good medium term opportunity to invest in the generalist sector. He said: 'Althou...
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