I just don't understand why they are doing this. Their trading performance has been nothing short of spectacular. Why go down the same path as HML and venture into the unlisted stuff.
Or at least have a bunch of LICs that have very very clear investment mandates and goals and don't stray,
-Global Macro Trading
-Leveraged Global Macro Trading
-Venture Capital/Private Equity
-Stock Picking / Arbitrage
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