Guest Blog: Why do investors need to better harness the City’s best kept secret?
When runningÌýportfoliosÌýin the City during theÌý1980s and 90s, investment trusts were regularly usedÌýwhen seeking smaller company and overseas exposure for larger portfolios –Ìýindividual stock selection within the FTSE 350 otherwise being the norm.
Clients would often enquire about them, forÌýthey were ‘novel’Ìýto manyÌýwhen compared toÌýtheÌýmore familiar unit trusts.
But over time clients came to appreciateÌýtheir superior qualities. This remains true today. So why is itÌýinvestment trusts remain the City’s best-kept secret?Ìý