Just wondered if anyone has any thoughts on this LIC. They listed in DEC 2006 at $1 and are currently around $0.80 per unit.
Headed up by a couple of very high profile lads, the former head of one of UBS's big areas and another similar guy - had a lot of 'name' money being invested with them - including James Packer, the Turnbulls and a number of others.
My interest in them revolves around having a conservative foreign investment exposure in my portfolio - apparently these guys are trying to have a 'Value-Buffett' type approach to their investment selections.
NTA is around $1 or so.
Had a fairly poor 1st year due to the $AUS and a few other things.
But interested to see if anyone else has any thoughts on them at all.
Much thanks in advance