Investment trust Polar Capital Global Financials Trust (PCFT) is offering shareholders an easy exit at a premium to the current share price, cutting fees and boosting its commitment to future dividends in sweeping changes. The investment trust has launched a tender offer of its issued share capital (excluding treasury shares), providing investors with an opportunity to fully exit at a price...

At Berkshire Hathaway's (BRK.B:NYSE) shareholder meeting on 3 May, Warren Buffett announced plans to step down as chair and chief executive after six momentous decades at the helm of the Omaha-headquartered conglomerate. The 94-year-old stunned the assembled throng of devotees by declaring it was time for his successor Greg Abel to step into his shoes at the end of the year. One of the biggest...

An investor blessed with Nostradamus-like predictive powers who put money to work with Berkshire Hathaway (BRK.B:NYSE) in 1964 and held the shares until 2022 would have enjoyed a gargantuan overall gain of 3,787,464% in terms of per share market value, leaving the stellar 24,708% return from the S&P 500 index with dividends included for dust.Under the direction of legendary investor Warren...