Polar Capital's Brind: 'I feel like a kid in a candy shop' as financials return to favour

The £560m trust sat on a discount from 2017 until the end of 2020, but is now on a 1% premium, according to Morningstar data.  At the beginning of the month (1 February), the trust announced it had raised £29.4m through a placing and Nick Brind said the "interesting statistic" following the raising was that the market cap of the trust is now five times the low of around £110m it reached during the pandemic.  The trust, which launched in 2013, had a fixed life until May 2020. In that year the company put forward proposals to extend the life of the company and allow people to take their...