International Biotechnology Trust

International Biotechnology Trust – Odd Performance Fee

International Biotechnology Trust (IBT) is an investment trust focussed on the sector suggested by its name. I attended the Annual General Meeting yesterday (13/12/2016) in the City of London at the somewhat inconvenient time of 12.30 pm (and with no refreshments provided, as last year). As I said to the Chairman, I don't mind them not providing lunch but when they cause me to miss mine, I am not happy. I suggested 2.00 pm in future. They may reconsider. But the oddest aspect ...