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This is a guest post from Steve Green. Steve is a full-time investor with a focus on LICs, event-driven and activist investing. You can follow some of his ideas at his investment blog at www.valueinvestingforaliving.com Author’s note: In compiling this…

You'd have to be living under a rock to have not heard about fund manager giant, Magellan's latest offering, Magellan Global Trust (MGG), seeking to raise as much as they can. A generous offer to existing Magellan fund holders may see…

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