Big Bad BOAZ

Great summary on the latest attack on UK Investment Trusts by big bad Boaz.

Work to be done by all to get this segment of the UK market back up to scratch for investors. Not sure this bully boy tactic seems to have enough credibility.

Boards need to ensure investors are at the front and centre of their minds when overseeing these vehicles. It's not just a way to get paid for sitting around eating sandwiches and patting each other on the back once a quarter.

My favourite quote:

"With shareholder votes just a month away, it’s looking like a straight choice between “misinformation” and no information."

UK investment trusts are bad. What makes Boaz better? - https://on.ft.com/3PBW1sH via @FT