Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
Investec downgrades ‘deeply underwhelming’ Martin Currie trust Investing Investec has downgraded a Martin Currie-run investment trust due to its “deeply underwhelming” performance, arguing investors should sell out of the vehicle. The performance of the £234.5m Martin Currie Global Portfolio has been “concerning” and its attempts to keep its stock price up are “clearly not sustainable,” warned Investec analysts Alan Brierley and Ben Newell. [...]