FP Answers: What does having a ‘moat’ mean in investing?
Question: In a fast-changing world of high-tech and geopolitical challenges, can you explain what having a “moat” means today? How can a small investor know if a company has a sustainable competitive advantage? — Cassandra […]
HighlightsAfter a positive end to 2023 which saw several key deals held by the Fund close, January had muted activity due to seasonality.
The Fund initiated positions in 15 new merger deals. Six deals held within the Fund closed.
There are signs of renewed interest in smaller cap companies.De…
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