Buy a pound of assets for around 79p, then collect a 9 per cent income while you wait for the gap to close. That, in rough terms, is the case for GCP Infrastructure Investments.
Later this month, six Sierra Cosworths will go under the hammer at one auction in Northamptonshire. Collectively, they are predicted to sell for an eye-watering £1million.
Through his vehicle Saba, Weinstein has been wreaking havoc in the investment trust sector. He is now trying similar tricks on their close cousins, real estate investment trusts (REITs).