The Spectator, November 16th, 2002
CITY AND SUBURBAN
Spare a copper. The Friends of Friendless Shares, a City charity to which so many of us make involuntary contributions, has a new cause on its hands: investment trusts. There are so many of these distressed financial gentlefolk - more than a hundred are listed on the Stock Exchange, with names like Houndsditch European Technology or Kirriemuir Leisure and General, bearing mute witness to the investment fashions of an earlier day. Some are schizoid, some are depressive and some are past praying for. In the last two years they have, on average, lost more than half their value....
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