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Strategies & Market Trends : BROKERAGE firms that trade stocks in foreign markets

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To: Jethro who wrote (4)4/17/1998 12:42:00 PM
From: peter michaelson  Read Replies (2) of 16
 
Jethro:

For example, I believe that Asia Pulp & Paper (PAP-NYSE) is selling at a 20% discount today.

In addition, I would love to see a discussion of the investment trusts (closed end fund equivalents) selling in London at 20% plus discounts and holding lots of cash. Some very compelling buys there, in addition to hedges against shorting on the Thai and Indonesia closed end funds.

A principal obstacle to this strategy is transaction costs, thus my interest in this thread.

Take a look at Trustnet for this data. Take a look at Thai Development Capital Fund, for example. trustnet.co.uk

I would also like to hear of your experiences with Paul Renaud. Are you now a subscriber?

regards, peter michaelson
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