Depository receipts: An easy way to invest in foreign firms
Depository receipts are an easy and cheap way to buy foreign shares. Tim Bennett explains what they are and how they work - and warns of three risks to watch out for.
Depository receipts are an easy and cheap way to buy foreign shares. Tim Bennett explains what they are and how they work - and warns of three risks to watch out for.
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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.
He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.
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