(Seeking Alpha) Sometimes you’ve got to look away from your usual hunting grounds to find bargains. Not many American investors will look closely at the London Stock Exchange (NYSE:LSE) and what’s listed there. In fact, many U.K. institutional investors don’t look at parts of the LSE.
I’m referring to closed ended funds which are also known as investment trusts. Among the many listed on the LSE are two American hedge fund managers, Dan Loeb of Third Point and Bill Ackman of Pershing Square.
