Word on the Street:

It has emerged that the fruit of aggressive investment trust arbitrageur activity is indeed plentifu...

It has emerged that the fruit of aggressive investment trust arbitrageur activity is indeed plentiful. With one of the sector's most prolific 'value investors' as the group terms itself, Laxey Partners, announcing that it has made a return of 8.37% over the six months to the end of 2005. The arbs' Value Catalyst Fund has published its first results since taking a listing on the Aim market in December as way of giving retail investors access to its investment manager, Colin Kingsnorth. Kingsnorth has now signalled that the flurry of new investment trust issues should consider themselves ju...