Stamp dealership firm Stanley Gibbons plans to launch a fund investing in rare stamps later this year, allowing UK investors access to the rapid growth of this market.
The fund is scheduled to launch in October and will roadshow next month, with the portfolio comprising some of the most famous and best quality philatelic items. Martin Bralsford, the group's chairman, said the fund will be regulated and aimed at sophisticated UK investors. He added the GB250 Stamp Price Index has gained 11% over the past twelve months, compared to 9.5% for the FTSE 100. The continuing strong demand for rare stamps from China is expected to boost returns further over the long term, added Bralsford. "The enduring strength of the rare stamp market and lack of cor...
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