Gresham House Strategic's Staveley hopes to become 'go-to' small-cap investment trust

High hopes following surge in share price total returns

Richard Staveley of Gresham House
Richard Staveley of Gresham House
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Gresham House has its sights on growing its UK small-cap investment trust, Gresham House Strategic (GHS), to become "a go-to place for value" after stellar performance saw its discount narrow significantly through 2019.

GHS saw share price total returns of 60% in 2019, as the investment trust and its peers were buoyed by the Conservatives' decisive General Election victory. As a result, GHS's discount narrowed from...

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