investment trusts

Takeover bid value 27x higher than IPOs

40% using semi-liquid funds to gain access

Management change

Undersubscribed by 5.9%.

26% utilise investment trusts

SEGRO board unanimously rejected offer

28.4% discount to NAV

'Sad state of affairs'

'Horses for courses'

I have been puzzled recently. Here we are again facing the second global energy crisis in less than four years and, strangely, yields on renewables energy infrastructure trusts are at huge spreads over UK government bonds. What is going on?