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Buffett-following investment trust to list in London

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An investment trust following the principles of veteran U.S. investor Warren Buffett is to list in London, the trust said on Friday.

FILE PHOTO: Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska U.S. May 6, 2018.

Rick WilkingShare this contentBuffettology Smaller Companies Investment Trust intends to raise a minimum of 100 million pounds via an initial public offering on the London Stock Exchange, it said in a statement.The trust will mainly invest in companies listed or traded in Britain, through a portfolio of 30-50 companies with marketSanford DeLand will be the trust's investment manager, led by Keith Ashworth-Lord, CIO of Sanford DeLand Asset Management.

 

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