The Financial Outlook for Personal Investors: Bids eroding the London market and Saba Capital

Neil Shah of Edison Group discusses the latest bid for a UK company, Team Internet, which he discussed here recently as trading at a discount to its international peers. He points out that UK companies are vulnerable to takeover; the worry is that the UK market will keep shrinking, although he feels that value investing will return. With activist Saba Capital trying to replace the boards of 7 investment trusts, he feels that private investors must exercise their voting rights. Details are here on the AIC website. https://tinyurl.com/3ad9np9u.