Three poor deals for trust investors

Thirty-eight years after banker Walter Salomon died, his son William has at last finished untangling his inheritance. Initially, many assumed that the complex web of corporate cross-holdings between v

Since listing in 2013 Greencoat UK Wind (LSE: UKW) has grown to become one of the UK’s largest investment trusts. At one point, its net asset value (NAV) reached almost £4bn. Yet the trust has generat

From Small Acquisitions to Giant Shareholder Returns Oddbjorn Dybvad, Kjetil Nyland and Adnan Hadziefendic The Book Press, £24.99 C onglomerates have developed a bad reputation. Owning a sprawling col

In 2026, the FTSE 100 index is likely to pass 10,000 for the first time thanks to the onward march of corporate earnings around the globe. UK investors have been remarkably reluctant to invest despite

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