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The investment trust discount

Draper, Paul (1990) The investment trust discount. Quarterly Economic Commentary, 15 (4). pp. 66-69. ISSN 2046-5378

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Abstract

The British Coal Pension Funds' bid for Globe Investment Trust, although not directly involving Scottish investment trusts, reflects an ever present threat to a substantial part of the Scottish fund management sector. This paper discusses Scottish investment trusts and fund managers.