News

Investment trusts stage a turnaround

Tuesday 14th of March 2000
UK listed investment trusts, which are popular with New Zealand investors wanting a tax-efficient vehicle for global share exposure, are staging a major revival.

"A year ago, the investment trust industry was regarded as being on its last legs. The vultures were circling and radical action was required," London-based Association of Investment Trust Companies director general Daniel Godfrey...

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