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Article: Evening Standard, London, Anthony Hilton Column.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 25, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Anthony Hilton, Evening Standard, London Knight Ridder/Tribune Business News
Sep. 25--HOW TO SOLVE THE CAYZER CRISIS: The game is up for Caledonia. The investment trust's defence against those who would seek to gain control and break it up is that it is a long-term investor, that the sector needs diversity and that its performance has been good enough these past 10 years to put it beyond criticism.
Its position as the investor of the Cayzer family fortune, derived from the Union Castle and Clan Shipping lines, made it a credible first port of call for the brightest people looking for long-term capital and supportive shareholders to back the ...