RIT Capital Partners (RCP) listed on the London Stock Exchange in 1988. If you had invested £10,000 and reinvested the dividends, today it would be worth £393,000. That’s an annual return in excess of 10%.
The Cadogan Estate has done its magic on Sloane Street turning it into a shopping boulevard with wider pavements and more greenery. It has already transformed the Duke of York barracks site into a pedestrian precinct with restaurants. Now it is moving west along the King’s Road.
Today there is a greater degree of transparency in financial markets than there has ever been in the history of the world. There is certainly enough free, quickly accessible data for me to manage my own investments.
Seven years ago I was busy investing in Vietnam and since then the two funds I now have are performing respectably. To be honest I’d slightly forgotten about them.