News Formal

Buffett-following investment trust to list in London

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Even before proposed merger, CCT and CMT have already been diversifying: managersCAPITALAND Commercial Trust (CCT) and CapitaLand Mall Trust (CMT) in a recent dialogue with unitholders, said that with or without a merger, both Reits (real estate investment trusts) have already been adopting a diversification strategy even within their own portfolios. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »