Important: What follows is not a recommendation to buy or sell the Rights and Issues Trust. I’m just a private investor, storing and sharing notes. Read my disclaimer. Rights, Issues and complications The Rights and Issues Trust is a tiny, £33 million split cap investment trust focusing on UK smaller companies. It invests in small [...]



Who isn’t buying the market right now?
March 11, 2009Eating breakfast this morning, I caught Hugh Hendry, the gloomy and currently outperforming UK fund manager, on CNBC. Hendry’s main call, which he has been rewarded by repeating for months now, is to avoid equities. Yes, the market has fallen, Hendry says, but that doesn’t mean it won’t keep falling. Look at the Great Crash [...]